SquareFeatIndia

2398 posts
Varun Singh, is a Senior Journalist who has extensively covered the Real Estate Sector for over one and half decade. His articles, insights, and opinion on the sector are widely read.
Mumbai property market growth Navratri 2024

Property Prices Surge Across India’s Prime Residential Markets in 2024 Amid Rising Costs

Property prices in India’s prime residential markets saw a significant rise in 2024, with Delhi NCR experiencing a 49% YoY surge. The increase is driven by demand for luxury homes, escalating costs of building materials, and labor. Other cities like Mumbai, Bengaluru, and Pune also reported double-digit price growth. Despite a slowdown in Hyderabad, the overall trend highlights a growing demand for high-end properties, especially in key markets like Delhi NCR. However, the surge raises concerns about affordability, prompting calls for policy adjustments to ensure broader access to housing.

Panasonic Life Solutions India Acquires ₹160 Crore Land Parcel in Andheri East, Mumbai

Panasonic Life Solutions India Pvt. Ltd. has acquired a ₹160 crore land parcel in Andheri East, Mumbai. The deal, registered in January 2025, reflects the city’s booming commercial real estate market. This acquisition strengthens Panasonic’s presence in India’s electrical construction industry, while Mumbai’s ongoing infrastructure developments continue to attract major investments.
MHADA

MHADA to Build One Lakh Homes in Two Years Under Maharashtra’s Affordable Housing Initiative

Maharashtra government, through MHADA, is set to develop one lakh affordable homes statewide within two years. The initiative includes rental housing, hostels, and eco-friendly redevelopment. A recent Pune Board lottery for 3,662 homes received overwhelming participation, reaffirming public trust in MHADA’s transparent allocation system.
Mumbai

Mumbai’s Real Estate Market Shows Signs of Stagnation as Property Registrations Plateau

Mumbai’s real estate sector appears stagnant as property registration data for January 2025 reveals minimal growth compared to the same period last year. With just six more registrations than in January 2024 and stable stamp duty collections, the market shows no signs of significant movement or price appreciation.
MHADA

MHADA Pune Board to Hold Computerized Lottery for 3,662 Flats on January 29

The MHADA Pune Board will hold a computerized lottery draw on January 29, 2025, for 3,662 flats across Pune, Pimpri-Chinchwad, PMRDA, and Solapur districts. With over 71,642 applications received, the event promises transparency via the IHLMS 2.0 system. Winners can view results live on MHADA’s platforms.