RBI’s Neutral Stance on Repo Rate: What It Means for India’s Real Estate Sector

The RBI’s decision to keep the repo rate unchanged at 6.5% for the eleventh consecutive meeting has led to a mix of optimism and concern in India’s real estate sector. While stability in borrowing costs provides confidence to developers and homebuyers, many were hoping for a rate cut to boost affordability and housing demand, particularly in the affordable housing segment. Experts emphasize the importance of government support and liquidity measures to sustain growth in the sector.

Century Real Estate Reports Strong Growth Amid Rising Demand for Luxury Properties in Bengaluru

Century Real Estate has achieved a remarkable 2X growth in sales, surpassing ₹1,040 crores in the first half of 2024. With a focus on luxury and aspirational properties, the company is poised to hit ₹2,000 crores in annual sales, driven by a strong demand for high-end homes in Bengaluru’s prime locations.

Luxury Home Sales Surge in India’s Top Cities: Average Ticket Size Rises by 23% in H1 FY25

India’s top seven cities have experienced a 23% rise in the average ticket size of luxury homes sold in the first half of FY2025. NCR, Bengaluru, and Hyderabad led the growth, with total sales value rising by 18%, despite a slight dip in the number of units sold.

29% of Homes Sold in Greater Mumbai Priced Above ₹2 Crore

A recent report revealed that 29% of homes sold in Greater Mumbai are priced above ₹2 crore, highlighting the city’s escalating affordability issues. The research, unveiled at the Excelerate 3.0 event, sheds light on the rising challenges in Mumbai’s real estate market, with key insights on pricing trends, transaction volumes, and inventory levels, while emphasizing the need for regulatory reforms and collaboration to address housing affordability.

NBR Group Unveils New Brand Identity to Redefine Luxury Living in Bengaluru

NBR Group has unveiled its new brand identity, featuring a refreshed logo and the tagline “Elevate to Extraordinary,” as part of its shift to the luxury high-rise gated community segment. With a focus on sustainability, innovation, and premium amenities, the company aims to redefine luxury living in Bengaluru. This rebranding reflects NBR Group’s commitment to providing aspirational lifestyles with world-class infrastructure and cutting-edge designs.