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.

MHADA Announces New Lottery Date for Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) is set to hold a lottery for 2,030 homes in Mumbai, with significant updates including price reductions for 370 homes and extended application deadlines. The application process starts on August 9, 2024, and the lottery draw will take place on October 8, 2024.