Real Estate Project in Mumbra Sold 1050 Flats Worth ₹430 Crore in Just 18 Days
Grand Kausa City in Mumbra has set a new benchmark in real estate by selling 1,050 apartments worth ₹430 crore in just 18 days. Fueled by post-budget confidence, strong marketing efforts, and strategic location benefits, this project highlights the growing demand for well-planned housing developments in emerging micro-markets.
India’s E-Commerce Industry Poised to Reach USD 550 Billion by 2035
India’s e-commerce industry is projected to hit USD 550 billion by 2035, according to a joint report by ANAROCK and ETRetail. The sector, valued at USD 125 billion in 2024, is expected to reach USD 345 billion by 2030. The report highlights a surge in online shoppers from smaller towns, with Tier 2 and 3 cities accounting for 56% of shoppers in FY2024. Additionally, mall vacancy rates have dropped to 8.1% in 2024, indicating a strong post-pandemic recovery in physical retail spaces.
Hiranandani Group Partners with Krisala Developers for Rs 7000 Crore Integrated Township in Pune
Hiranandani Group makes a grand entry into Pune’s real estate market through a joint development with Krisala Developers. The 105-acre integrated township in North Hinjewadi will feature residential, commercial, and retail spaces, with Phase I spanning 30 acres and a projected turnover of Rs 2100 crore.
India’s Flexible Workspace Sector Hits Record 12.4 Million Sq. Ft. Leasing in 2024
India’s flexible workspace sector achieved a record gross leasing volume of 12.4 million sq. ft. in 2024, marking a 57.5% year-on-year growth. Bengaluru led with the highest leasing volume, while Mumbai saw a threefold increase. The demand surge is driven by evolving business needs, hybrid work models, and rising enterprise adoption of managed office solutions.
