India Defies Global Office Rental Slump, Posts Record Growth in Leasing

Despite a global slump in office rentals, India’s commercial real estate market recorded historic growth in 2024, with 70.7 million sq ft leased—its highest ever. Cities like Bengaluru, Hyderabad, and Pune posted double-digit rental growth, driven by robust demand from IT and Global Capability Centers (GCCs), positioning India as a standout performer in the global office space landscape.

Bengaluru’s Luxury Housing Market Surges Past ₹1,000 Cr Milestone

Bengaluru’s luxury housing market has reached a new peak, with apartment sales surpassing ₹1,000 crore. Demand is fueled by affluent buyers seeking spacious homes and prime locations, particularly in areas like Hebbal, Domlur, and Sudhamnagar.

MHADA Chief Calls for Public-Private Partnership to Accelerate Mumbai’s Redevelopment at EODR 2.0

Over 3,000 housing societies and 40 developers gathered at CREDAI-MCHI’s EODR 2.0, where MHADA CEO Sanjeev Jaiswal emphasized the urgency of public-private partnerships and policy reforms to revamp Mumbai’s aging buildings and drive transparent, efficient redevelopment.

Capacit’e Infraprojects Bags ₹295 Crore Residential Project in Mumbai from Indus Co-operative Housing Society

Capacit’e Infraprojects has bagged a ₹295 crore contract from Indus Co-operative Housing Society for constructing two major residential buildings with commercial components in Wadala, Mumbai, marking another milestone in the company’s growing urban portfolio.

MahaRERA Appellate Tribunal Rejects Developer’s Appeal Over Delay in Filing

The Maharashtra Real Estate Appellate Tribunal has dismissed an appeal by developer Nitin Navgire, citing an unjustified 23-month delay and failure to comply with RERA’s legal requirements.