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Q1 2025 Sentiment Index: Housing Slows, Office Market Holds Strong

The Q1 2025 Knight Frank-NAREDCO Sentiment Index shows a dip in both current and future real estate sentiment scores, driven by a slowdown in residential sales and global economic uncertainties. While affordable housing demand weakens, India’s office sector remains a bright spot with strong leasing and stable rents.

Maharashtra Leads India with 50K+ Real Estate Agents; Mumbai & Suburbs Contribute 11,822

Maharashtra tops the country with over 50,000 real estate agents registered under MahaRERA, of which 11,822 belong to Mumbai and its suburbs. With agents from more than 150 cities outside the state also enrolled, Maharashtra continues to lead India’s regulated property market.

MREAT Rules Part OC No Shield: Lodha Group to Pay Interest for Delay in Possession

In a major boost for homebuyers, the Maharashtra Real Estate Appellate Tribunal (MREAT) has ordered Lodha Crown Buildmart Pvt. Ltd. to pay interest for delayed possession of flats in the New Cuffe Parade project. The Tribunal clarified that partial Occupancy Certificates do not exempt builders from liability and reinforced that delay must be calculated from the date promised in the sale agreement.

Taapsee Pannu Buys Apartment in Goregaon West for ₹4.33 Crore

Taapsee Pannu, known for her powerful roles in Pink and Thappad, has bought a luxury apartment worth ₹4.33 crore in Imperial Heights, Goregaon West. The 1,669 sq. ft. unit comes with two car parks and is part of a high-value residential complex with excellent connectivity and amenities.

India’s Office Fit-Outs 5X Cheaper in Labour, But M&E Costs 38% Higher Than APAC Average

India may offer cost-effective labor for office interiors, but a new JLL report reveals a hidden cost: companies in India spend up to 38% more on essential infrastructure like HVAC and electricals compared to the APAC average. Here’s how Indian cities are reshaping modern workspaces—balancing budget, tech, and sustainability.