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Realty

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Stay updated with the latest news and trends in the realty sector. This tag encompasses various aspects of real estate including property developments, market insights, investment opportunities, and industry news, providing comprehensive coverage for real estate professionals and enthusiasts.

Get the latest news, trends, and insights in the real estate industry. This tag covers a wide range of topics including market analysis, property developments, investment opportunities, and residential and commercial real estate updates. Stay informed about the dynamics shaping the real estate sector.

Industrial and Warehousing real estate industry

Industrial & Warehousing Dominate Realty Investments with USD 2.5 Billion in 2024

Indian real estate witnessed a record USD 6.5 billion in institutional investments in 2024, marking the highest inflows in five years. The industrial & warehousing segment led the way with USD 2.5 billion, followed by robust growth in office and residential assets. Mumbai emerged as the top investment destination, attracting 24% of total inflows.
Paytm Payment bank

Paytm Leases Office Spaces at World Trade Centre, Cuffe Parade in Mumbai

PayTM Payments Bank has secured two office spaces in the prestigious World Trade Centre, Cuffe Parade, Mumbai, for a 60-month lease term, totaling ₹4.18 Crore in rent. This strategic move demonstrates PayTM’s continued growth and investment in a prime commercial location in Mumbai.
CIDCO

CIDCO Reclaims Over 2 Lakh Sq. M. of Land from Encroachments in 2024

CIDCO successfully demolished 2,102 unauthorized structures in Navi Mumbai and NAINA in 2024, reclaiming 2,06,431 square meters of land. This move is part of CIDCO’s ongoing efforts to maintain organized urban development, supporting infrastructure projects like the Navi Mumbai International Airport and Metro. The demolition drives followed due process, with notices issued to property owners under the MRTP Act.
Office real estate

India’s Office Market Reaches Record Heights in 2024, Surpassing 49 Million Sq. Ft. in Net Absorption

India’s office market reached new heights in 2024, with net absorption surpassing 49 million sq. ft. and gross leasing volumes hitting a record 77.22 million sq. ft. Bengaluru led the growth, posting its best-ever performance, while global companies and flexible workspaces significantly contributed to the surge.
Mumbai

Mumbai Real Estate Market Surges in 2024: Highest Property Registrations in 13 Years

Mumbai’s real estate market hit a historic high in 2024 with over 1.41 lakh property registrations, marking the highest figure in 13 years. This surge, coupled with a 12% increase in revenue from stamp duty collections, highlights strong demand, especially in the premium housing sector. Despite global economic challenges, Mumbai’s property market remains resilient, with key suburbs driving the growth. Industry leaders attribute this to favorable economic conditions and evolving buyer preferences.