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The Latest
Urban Money, India’s largest mortgage tech platform, has reported ₹714 crore revenue in FY25 and aims to cross ₹1,000 crore by FY26. Backed by Square Yards, the company has grown 10x in three years through API-based mortgage origination and a 1.5 lakh-strong partner network.

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.
  • September 27, 2024
Square Feat India

Mt. K Kapital Raises Over INR 500 Crore for Maiden Fund, Targets Additional Projects

Mt. K Kapital has successfully raised over INR 500 crore for its maiden fund, targeting key real estate projects in Mumbai. With significant commitments already secured, the fund aims to capitalize on the city’s thriving market, focusing on quick turnaround residential developments in collaboration with Rustomjee Group.
  • September 26, 2024
MHADA

LIG Receives Highest Applications in MHADA Mumbai Board Housing Lottery 2024

The Mumbai Housing and Area Development Board (MHADA) reports an overwhelming response to its 2024 housing lottery, with the Low-Income Group (LIG) receiving the highest number of applications—61,571 for just 627 units. This reflects the persistent demand for affordable housing in Mumbai.
  • September 26, 2024
Office real estate

Office Demand Surges with 47 Million Square Feet Leased in First Nine Months of 2024

In Q3 2024, India’s office space demand soared to 17.3 million sq ft, marking a 31% increase year-on-year, bringing total leasing in the first nine months to 47 million sq ft. Bengaluru and Hyderabad drove this growth, with technology and BFSI sectors leading the charge. New supply also surged, reflecting strong developer confidence in the market.
  • September 26, 2024
housing

Housing Sales Dip 11% Year-on-Year in Top 7 Cities; New Launches Fall Below 1 Lakh Units

In Q3 2024, India’s residential real estate market saw an 11% decline in housing sales across the top seven cities, totaling approximately 107,060 units. While new supply fell below 1 lakh for the first time since Q1 2023, strong demand continues to drive residential prices up by 23% year-on-year, indicating a stabilizing market following a two-year bull run.
  • September 26, 2024