MHADA to Hold Mumbai Lottery for 5,000 Homes

MHADA’s Mumbai Board will conduct a lottery for 5,000 affordable homes around Diwali 2025. The homes, catering to EWS, LIG, MIG, and HIG categories, offer a crucial opportunity for homebuyers struggling with high property prices in Mumbai.

Zaheer Khan, Sagarika Ghatge, and Shivjeet Ghatge Purchase Luxury Apartment in Mumbai for Rs 11 Crore

“Former Indian cricketer Zaheer Khan, along with his wife, actress Sagarika Ghatge, and her brother, Shivjeet Ghatge, has invested in a luxury apartment in Mumbai’s prime locality, Lower Parel, for Rs. 11 crore. The high-end property, located in Indiabulls Sky, spans over 2,158 sq. ft. and includes three car parking spaces. With this purchase, the trio joins a list of celebrities who have invested in Mumbai’s thriving real estate market.”

Uday Kotak, Family Buys 12 Properties in Worli Building for a Record ₹2.72 Lakh PSF

Uday Kotak and his family have purchased 12 apartments in Worli’s Shiv Sagar Co-op Housing Society for ₹201.88 crore, setting a record price of ₹2.72 lakh per sq ft.

Tech Transformations in Indian Real Estate: PropTech Set for 9.6% Growth by 2025

As the Indian real estate sector embraces technological disruption, the rise of PropTech is set to enhance market efficiency and consumer experiences. With projections indicating a 9.6% growth by 2025, innovations in AI, IoT, and blockchain are transforming traditional practices, particularly in urban and semi-urban areas.

Hospitality Sector Sees 4.8% YoY RevPAR Growth in Q2 2024, Hyderabad Leads with 11.9% Surge

The hospitality industry continued its positive momentum in the second quarter of…