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Mulund: A Rising Star in Mumbai’s Central Suburbs Real Estate Landscape
Mulund, the ‘Prince of Suburbs,’ is transforming into Mumbai’s premier residential hub. Boasting modern infrastructure, abundant green spaces, and excellent connectivity, the suburb offers a unique mix of luxury and lifestyle. With projects like the Mumbai Metro Line 4 and high-profile investments, Mulund is poised for exponential growth, making it a hotspot for homebuyers and investors alike.
Average Flat Sizes Rise 7% in Top 7 Cities in 2024; NCR Leads with a 29% Annual Increase
The quest for larger homes continues in India’s real estate market. Average flat sizes in the top 7 cities rose by 7% in 2024, with NCR leading the way at a 29% annual growth. Over six years, the average size across these cities increased by 34%, driven by strong demand for luxury housing. NCR’s average flat size soared to 2,435 sq. ft. in 2024, while MMR remains the most space-constrained at 849 sq. ft. Despite higher property prices, spacious homes are a top priority for Indian homebuyers.
Oberoi Realty Reports ₹1,460 Crore Revenue and ₹618 Crore PAT in Q3FY25
Oberoi Realty recorded a strong performance in Q3FY25 with ₹1,460 crore revenue and ₹618 crore PAT, reflecting significant growth in India’s luxury real estate market. The nine-month revenue stood at ₹4,260 crore, up from ₹3,260 crore in the previous year. With a robust pipeline and strategic land acquisitions, the company is well-positioned for sustained growth. Recognized for excellence in sustainability and workplace safety, Oberoi Realty continues to set benchmarks in design and quality.
Industrial & Warehousing Sector Records Robust Growth in 2024, Driven by Large Deals and Strong Demand in Key Cities
India’s industrial and warehousing sector recorded significant growth in 2024, with 25.6 million sq ft of leasing activity across the top five cities. Delhi NCR and Chennai led the demand, accounting for nearly half of the market share. The sector saw a 22% YoY rise in new supply, reflecting developer confidence. Large-sized deals dominated, with 40% of the total demand driven by 3PL, Engineering, and Electronics segments.
