Record-Breaking Real Estate IPOs in 2024: INR 135 Billion Raised

IPO trends in India’s real estate sector have surged in 2024, with a record INR 135 billion raised amid widespread oversubscription. The positive sentiment is driven by strong housing demand and robust market activity, positioning the sector for continued growth.

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.