Lead-to-Buy Conversion Time for Indian Housing Drops to 26 Days in H1 FY25, Reflecting Strong Demand

The latest ANAROCK data reveals a significant drop in the lead-to-buy conversion time for Indian homes, now standing at just 26 days in H1 FY25, down from 33 days in FY21. Ultra-luxury homes, priced above INR 3 Cr, are seeing the quickest decisions, while mid-range homes continue to see slightly longer conversion times due to rising property prices. The trend reflects both strong demand and growing buyer confidence in reputable developers.

GKW Partners with Mahindra Lifespace Developers for Major Mixed-Use Development in Bhandup, Mumbai

GKW has teamed up with Mahindra Lifespace Developers to transform a 37-acre land parcel in Bhandup, Mumbai, into one of the city’s largest urban mixed-use developments. The project, which will feature residential, commercial, and retail components, aims to capitalize on the area’s excellent connectivity and growing real estate potential.

India Leads Asia Pacific Office Market with 70% of Demand in Q3 2024, Driven by Flight to Quality

The Asia Pacific office market saw a 10.7% increase in demand in Q3 2024, driven by strong activity in India, New Zealand, and Singapore. India continues to dominate, accounting for over 70% of regional demand, as occupiers seek premium, ESG-compliant office spaces.

Main Streets Lead Retail Leasing Growth in Q3 2024; Rentals Surge Amid Tightening Vacancies

Cushman & Wakefield’s Q3 2024 Retail MarketBeat report highlights a strong retail leasing performance, with main streets driving the majority of the 1.6 million square feet leased across top cities. Rental rates surged in high-demand areas like Delhi NCR, Bengaluru, and Chennai, while tightening vacancies in Grade-A malls point to increasing demand for premium retail space.

Macrotech Acquires Bain Capital’s Stake in Digital Infrastructure Platforms for ₹307 Crore to Boost Industrial & Logistics Growth

Macrotech Developers Ltd. announces the strategic acquisition of Bain Capital’s interests in three digital infrastructure entities for ₹307 crore. The acquisition aligns with the company’s focus on expanding its industrial and logistics footprint under the Lodha Industrial and Logistics Park brand, aiming to strengthen its growth and annuity income streams in these sectors.