The Latest
Lifestyle Amenities Redefine Luxury in Delhi-NCR’s Real Estate Market
The concept of luxury in real estate has shifted in Delhi-NCR, with developers focusing on creating homes that offer a complete lifestyle experience. With an emphasis on wellness, sustainability, and community engagement, luxury housing now includes amenities like fitness centers, eco-friendly building materials, and smart-home technologies to cater to the evolving needs of modern homebuyers.
NAREDCO Maharashtra NextGen Partners with Brigade REAP to Boost PROPEL, Empowering Emerging Real Estate Entrepreneurs
NAREDCO Maharashtra NextGen has joined forces with Brigade REAP to enhance PROPEL, a program supporting emerging entrepreneurs in India’s real estate sector. The partnership will provide startups with funding, mentorship, and strategic guidance, showcasing the potential of PropTech innovation at the upcoming Excelerate 3.0 event.
Blox Acquires Strategic Stake in Guardians,
Blox, India’s leading digital real estate platform, has acquired an 11% stake in Guardians for $12 million, with plans to increase its stake to 50% in the next three years. This acquisition strengthens Blox’s position as India’s largest real estate seller, targeting $10 billion in Gross Transaction Value (GTV) over the next 3-5 years. Combining AI-driven tech with a unique D2C and broker-led B2B2C model, Blox is reshaping how developers, brokers, and buyers interact in India’s booming real estate market.
Bengaluru Registers Rs. 15,739 Crore in Residential Transactions in Q3 2024, North Bengaluru Leads Market Activity
Bengaluru’s residential real estate market recorded Rs. 15,739 crore in transactions during Q3 2024, reflecting a slight dip from the previous year. North Bengaluru leads in activity, while developers like Embassy and Prestige Group topped sales value. Despite a decline in total transactions, demand remains strong, driven by infrastructure development and a shift in housing preferences.