Lodha Golfview in Palava Sees Two Transactions Valued at ₹8.5 Cr Each

In 2024, Lodha Golfview in Palava recorded two standout property transactions, each valued at ₹8.5 crore, signaling a shift in the Kalyan-Dombivli market toward luxury real estate. These high-value sales highlight the growing demand for premium homes in emerging locations outside Mumbai’s traditional luxury neighborhoods. With properties priced at ₹15,200 per square foot, Palava is reshaping perceptions of luxury living in the Mumbai Metropolitan Region.

Housing Sales Fall 4% in 2024, But Value Jumps 16% in Top 7 Cities

India’s housing market experienced a mixed performance in 2024, with overall sales volume declining by 4%, but the sales value rising by 16%. MMR and Bengaluru led in sales, while luxury housing demand soared. Despite a drop in new launches, the market saw significant price increases, particularly in Delhi-NCR, where prices rose by 30%. The outlook for 2025 remains optimistic with steady growth expected, driven by continued demand and new supply from developers.

GCC Policy Impact on Residential Real Estate in Bengaluru

Bengaluru’s residential real estate is experiencing significant growth due to the expansion of Global Capability Centres (GCCs) driven by favorable state policies. As GCCs fuel commercial growth and create high-paying jobs, demand for upscale housing, smart homes, and co-living spaces is on the rise. With infrastructure projects like KWIN city, Bengaluru’s appeal as a prime real estate market continues to grow, making it a key hub for both global businesses and homeowners.

Agarwal Holdings Acquires ₹455 Crore Land Parcel in Mumbai’s Juhu Area

Agarwal Holdings has acquired a ₹455 crore land parcel in Mumbai’s upscale Juhu locality from Shapoorji Pallonji Gwalior Pvt. Ltd. This acquisition highlights the sustained demand for real estate in key areas of Mumbai, further bolstering the company’s growing portfolio in one of the city’s most desirable residential destinations.

Housing Prices Continue to Rise Across India’s Top Cities, Up 11% YoY in Q3 2024: CREDAI-Colliers-Liases Foras Report

Housing prices across India’s top eight cities saw an 11% year-on-year rise in Q3 2024, marking the 15th consecutive quarter of growth. Delhi NCR recorded the highest price increase at 32%, followed by Bengaluru with a 24% rise. Unsold inventory continued to decline, signaling a steady demand despite market stabilization.