MahaRERA Invites Objections to De-Registration of Macrotech and Raheja Projects Along with 17 Others

MahaRERA has issued a notice inviting objections to the de-registration of 19 real estate projects, including prominent developments by Macrotech Developers and K Raheja Corp. Stakeholders are encouraged to submit objections by 12th December 2024, ensuring transparency in the real estate sector.

Rising Construction Costs to Push Home Prices Highe

Construction costs in India have surged by up to 11% in 2024, primarily due to rising labour expenses. Homebuyers can expect higher property prices, particularly in the residential sector, as developers adjust to increased building costs.

Lead-to-Buy Conversion Time for Indian Housing Drops to 26 Days in H1 FY25, Reflecting Strong Demand

The latest ANAROCK data reveals a significant drop in the lead-to-buy conversion time for Indian homes, now standing at just 26 days in H1 FY25, down from 33 days in FY21. Ultra-luxury homes, priced above INR 3 Cr, are seeing the quickest decisions, while mid-range homes continue to see slightly longer conversion times due to rising property prices. The trend reflects both strong demand and growing buyer confidence in reputable developers.

Mumbai’s Property Market Shows Resilience with Rising Registration Figures and Revenue

Mumbai’s property market is witnessing a remarkable upswing, with October 2024 recording 12,714 registrations and generating ₹1,187 crore in revenue. This significant growth compared to the previous year highlights a recovering market fueled by favorable economic conditions and increasing buyer confidence. Explore the implications of this trend for both homebuyers and investors in the city.

Indian Real Estate during Dussehra: A Period of Growth and Opportunity

The Dussehra festival marks a significant time for the Indian real estate market, with a surge in property registrations and increased home sales. Manju Yagnik discusses how this auspicious period fosters investment opportunities and positive sentiment among buyers.