Between Dec 20-24, India’s Tallest Tower Sold 4 Homes Worth Rs 324 Crore

Between December 20 and December 24, 2024, Palais Royale, India’s tallest tower, sold four luxury flats for a total of Rs 324 crore. The transactions included properties located on the 61st floor, each costing Rs 81 crore, with special stamp duty discounts for female buyers.

Key Trends Shaping India’s Residential Market in 2024: Insights by Ritesh Mehta, JLL India

Ritesh Mehta, Senior Director at JLL India, outlines the major residential market trends of 2024, from the growing focus on sustainability and smart home technologies to the rise of affordable housing and mixed-use developments. With promising growth ahead, India’s housing market is poised for a transformation by 2025.

Deadline Extended for Online Applications for MHADA Konkan BoardLottery Until January 6, 2025

The Maharashtra Housing and Area Development Authority (MHADA) has extended the deadline for online applications for its Konkan Division lottery to January 6, 2025. The lottery offers over 2,200 residential units across multiple schemes, with the computerized draw scheduled for January 31, 2025.

Dharavi Redevelopment: 10 Years of No Maintenance

Dharavi Redevelopment Project is set to revolutionize urban living in Mumbai, offering free maintenance for 10 years and free housing for eligible residents. With modern amenities, financial sustainability, and inclusive communities, the project aims to uplift Dharavi and surrounding neighborhoods, setting a new benchmark for urban transformation.

India’s Logistics & Industrial Sector Set for Record Growth in 2024

India’s Logistics & Industrial sector is set to achieve over 50 MSF of leasing activity in 2024, marking the third consecutive year of record growth. Key drivers include e-commerce, retail, and manufacturing expansion, while rising land costs in prime markets are prompting the development of alternate logistics corridors. With 25 MSF of Grade-A warehousing supply expected over the next 2-3 years, the sector is positioned for sustained momentum into 2025, according to Cushman & Wakefield.