Square Feat India

Realty

Know How Much your Housing Price will Increase?

A Reuters poll forecasts a 7.8% rise in India’s house prices for 2024, primarily driven by luxury real estate demand. The CREDAI Housing Price Tracker reveals substantial price hikes in Bengaluru, Hyderabad, and Delhi NCR, while Mumbai’s prices remain stable.

September 5, 2024

Mumbai home sales September 2024 decline

Realty

NRI Asks: Is ₹1.25 Crore Enough to Settle in India? Reddit Responses Highlight Affordable Cities and Challenges

An NRI planning to return to India with ₹1.25 crore asked Reddit if this amount is enough to settle comfortably, especially in tier-2 cities like Noida, Lucknow, and Patna. Responses from the Reddit community provided valuable insights on affordable cities and adjustment challenges, confirming that tier-2 cities offer a viable and economical alternative to expensive metropolitan areas.

September 5, 2024

North India's rental deal pic credit Advant India website

Realty

For the First Time India Achieved Top 10 Global Rank for Real Estate Transparency

India has made history by entering the top 10 in JLL’s Global Real Estate Transparency Index (GRETI) 2024. This achievement reflects the country’s progress in financial regulation, climate risk disclosure, and streamlined building regulations. Despite notable improvements, India faces challenges in dispute resolution and data access.

September 5, 2024

Realty

Ultra-Luxury Homes Sales Surge to INR 2,443 Cr in Eight Months

The ultra-luxury real estate market in India saw INR 2,443 crore in sales through August 2024. Mumbai leads with 21 transactions valued at INR 2,200 crore. Prices for ultra-luxury homes have risen, with significant jumps in properties over INR 100 crore. Anuj Puri of ANAROCK anticipates more high-value deals as the year progresses.

September 5, 2024

Realty

Arbour Investments Partners with Justo Realfintech in $7 Million Deal

Arbour Investments has invested $7 million in Justo Realfintech, acquiring a significant stake to expand its presence in the mid-market real estate segment. The deal includes $5 million in equity and $2 million in debt, boosting Arbour’s service offerings and providing Justo with financial and strategic support for accelerated growth.