Square Feat India

Realty

Lodha Golfview in Palava Sees Two Transactions Valued at ₹8.5 Cr Each

In 2024, Lodha Golfview in Palava recorded two standout property transactions, each valued at ₹8.5 crore, signaling a shift in the Kalyan-Dombivli market toward luxury real estate. These high-value sales highlight the growing demand for premium homes in emerging locations outside Mumbai’s traditional luxury neighborhoods. With properties priced at ₹15,200 per square foot, Palava is reshaping perceptions of luxury living in the Mumbai Metropolitan Region.

December 26, 2024

Realty

Housing Sales Fall 4% in 2024, But Value Jumps 16% in Top 7 Cities

India’s housing market experienced a mixed performance in 2024, with overall sales volume declining by 4%, but the sales value rising by 16%. MMR and Bengaluru led in sales, while luxury housing demand soared. Despite a drop in new launches, the market saw significant price increases, particularly in Delhi-NCR, where prices rose by 30%. The outlook for 2025 remains optimistic with steady growth expected, driven by continued demand and new supply from developers.

December 26, 2024

Realty

MHADA Resolved Over 50 Grievances Since 2024

MHADA will conduct its Eighth Lokshahi Din on January 13, 2025, at its Bandra East headquarters, continuing its citizen-centric initiative that has resolved over 50 housing, redevelopment, and tenancy grievances since January 2024. The platform, led by Sanjeev Jaiswal, enables citizens to directly address their issues with senior officials, ensuring transparency and accountability.

December 26, 2024

"Palais Royale, India’s tallest tower, sold four luxury flats for a total of Rs 324 crore between December 20-24, 2024, highlighting the ongoing demand for premium real estate in Mumbai."

Realty

Between Dec 20-24, India’s Tallest Tower Sold 4 Homes Worth Rs 324 Crore

Between December 20 and December 24, 2024, Palais Royale, India’s tallest tower, sold four luxury flats for a total of Rs 324 crore. The transactions included properties located on the 61st floor, each costing Rs 81 crore, with special stamp duty discounts for female buyers.

December 25, 2024

Realty

Key Trends Shaping India’s Residential Market in 2024: Insights by Ritesh Mehta, JLL India

Ritesh Mehta, Senior Director at JLL India, outlines the major residential market trends of 2024, from the growing focus on sustainability and smart home technologies to the rise of affordable housing and mixed-use developments. With promising growth ahead, India’s housing market is poised for a transformation by 2025.