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Mumbai’s Real Estate Market Shows Signs of Stagnation as Property Registrations Plateau

Mumbai’s real estate sector appears stagnant as property registration data for January 2025 reveals minimal growth compared to the same period last year. With just six more registrations than in January 2024 and stable stamp duty collections, the market shows no signs of significant movement or price appreciation.

MHADA Pune Board to Hold Computerized Lottery for 3,662 Flats on January 29

The MHADA Pune Board will hold a computerized lottery draw on January 29, 2025, for 3,662 flats across Pune, Pimpri-Chinchwad, PMRDA, and Solapur districts. With over 71,642 applications received, the event promises transparency via the IHLMS 2.0 system. Winners can view results live on MHADA’s platforms.

Developers Look to Union Budget 2025-26 for Growth-Oriented Real Estate Policies

As the Union Budget 2025-26 approaches, the real estate sector is optimistic about reforms to boost growth, address urban housing challenges, and improve homebuyer confidence. Developers advocate for raising the price cap on affordable housing, increasing PMAY allocations, providing tax benefits, and promoting sustainability initiatives to transform India’s urban landscape.

Affordable Housing Crisis: Will Budget 2025-26 Turn the Tide?

India’s affordable housing segment, once a cornerstone of the real estate market, has witnessed a sharp decline, with its supply share dropping from 40% in 2018 to just 16% in 2024. Anuj Puri, Chairman of ANAROCK Group, highlights how changing buyer preferences, rising input costs, and diminishing government incentives have impacted this critical sector. With the Union Budget 2025-26 around the corner, there is hope that decisive policies and renewed focus could revive affordable housing and restore balance to the housing market.

Affluent Buyers Show Continued Interest in Luxury Real Estate

India Sotheby’s International Realty’s Luxury Residential Outlook Survey 2025 highlights that 62% of HNIs and UHNIs plan to invest in luxury properties within the next 12-24 months, driven by capital appreciation and rising affluence. While optimism about economic growth has slightly tempered, the survey underscores the resilience of luxury real estate as a preferred asset for lifestyle upgrades and wealth creation.