Investor Confidence Soars as Real Estate Leads AIF Investments in H1 FY25

India’s real estate sector led AIF investments in the first half of FY25, attracting ₹75,468 crore, signaling robust investor confidence. This growth is driven by strong demand, decreasing unsold inventory, and the increasing reliance on Category II AIFs to fund key real estate projects.

Mumbai Property Registrations Rise 5% in November 2024; Surge in Demand for Premium Properties

Mumbai’s property market saw a 5% year-on-year increase in registrations in November 2024, with a notable surge in demand for properties priced above ₹2 crore. The rise in registrations, coupled with a 30% increase in stamp duty collections, reflects a growing preference for premium housing.

MHADA To Hold Street Plays, Stall at Railway Station To Get buyers for Homes

The Konkan Housing and Area Development Board of MHADA has launched a campaign to promote the sale of flats under its First-Come, First-Serve scheme for EWS, LIG, and MIG categories. The campaign includes 29 stalls set up across key locations to assist with registration and provide project details from December 2 to 11, 2024.

MahaRERA Recovers ₹200.23 Crore as Compensation for Homebuyers

MahaRERA has recovered Rs 200.23 crore in compensation for homebuyers, enhancing recovery efforts with the appointment of retired Tahsildars in Mumbai suburban and Pune. The authority is working to ensure developers meet compensation orders for delayed or incomplete real estate projects.

Central Suburbs: Mumbai’s Key Hotspot for Real Estate Investments

Central Suburbs of Mumbai are witnessing a boom in real estate activity, with a 13% rise in property registrations in 2024. Driven by affordable pricing, excellent connectivity, and major infrastructure projects, the area has become a prime investment destination for both residential and commercial buyers.