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India’s Hospitality Sector Booms in 2024 with Over 42,000 New Hotel Keys and Strong Investment Momentum

India’s hospitality industry saw a record year in 2024, with over 42,000 new branded hotel keys signed and strong investor interest from HNIs and listed companies. Tier II and III cities led the growth wave, marking a significant shift in hotel development and investment trends.

KL Rahul and Suniel Shetty Acquire Prime Land in Thane for ₹9.85 Crore

Indian cricketer KL Rahul and Bollywood actor Suniel Shetty have purchased 7 acres of undivided land in Thane West’s Owale locality for ₹9.85 crore. Located near Ghodbunder Road, this strategic acquisition marks another high-profile entry into Mumbai’s booming real estate sector.

Lodha Brothers Resolve Disputes, Clarify Brand Ownership

In a major development for the Indian real estate industry, Abhishek and Abhinandan Lodha have amicably resolved all disputes under the guidance of their family and legal mediators. The Lodha Group and House of Abhinandan Lodha will now operate independently with clearly defined brand ownerships.

Affordable Homes Selling Faster, Luxury Homes Slowing Down

ANAROCK’s latest report shows that affordable housing stock fell 19% in India’s top 7 cities in Q1 2025, while luxury housing saw a 24% rise in unsold units, reflecting a shift in buyer demand and supply trends.

Bollywood Singer Shaan Buys ₹10 Crore Bungalow in Pune

Bollywood singer Shaan and his wife Radhika Mukherjee have bought a ₹10 crore plot-plus-bungalow in Prabhachiwadi, Pune, as per IGR documents reviewed by Square Yards. The semi-rural area is seeing rising interest due to its connectivity and open land availability.