Housing Supply Set to Surge in 2025 as Inventory Levels Hit Lowest in 14 Months

The Indian housing market is set for a surge in 2025, with top developers planning to launch 253.16 million sq. ft. of new supply. With inventory overhang at its lowest in 14 months and strong demand for branded housing, new launches are expected to accelerate across major cities.

Omaxe Celebrates Annual Day 2024 with Leadership Summit and Gala Night

Omaxe Ltd celebrated its Annual Day 2024 with a Leadership Summit and Gala Night, bringing together senior leaders to discuss regional strategies and align on future goals. The event included motivational sessions by Gaur Gopal Das and an awards ceremony recognizing outstanding employees with Bollywood-themed honors. The evening reflected Omaxe’s commitment to growth, innovation, and collaboration within the real estate sector, as the company continues to expand its presence across India.

Indian Real Estate: Riding Higher in 2025

The Indian real estate market is on track for a robust 2024, driven by key regulatory reforms, increased transparency, and a favorable economic environment. From a strong demand for Grade A office spaces across major cities to continued growth in residential and industrial sectors, all asset classes are poised for impressive performance. Institutional investments are expected to remain healthy, with a particular focus on Tier-II/III cities, offering opportunities for higher returns due to urbanization and infrastructure development.

MahaRERA Cracks Down on 11,000 Lapsed Housing Projects

MahaRERA has issued show cause notices to nearly 11,000 lapsed housing projects across Maharashtra, urging developers to submit Occupancy Certificates or seek deadline extensions within 30 days. Non-compliance could result in project suspension, restricted flat sales, and frozen bank accounts.

Barnsley FC Chairman Neerav Parekh and Mother Kalpana Parekh Buy Luxury Flats in Mumbai for ₹170 Crore

Barnsley FC chairman Neerav Parekh and his mother Kalpana Parekh have acquired two luxury flats in Mumbai’s Naman Xana for ₹170 crore. The properties, purchased from Karpe Estate Private Limited and Shri Naman Residency Private Limited, boast impressive areas, premium amenities, and significant stamp duty payments.