Residential Market Sees Growth in Sales and Value, Led by Luxury Segment in Q3 2024

The Indian residential real estate market saw a 2% increase in sales in Q3 2024, with a 7% rise in sales value. Luxury properties led the growth, while new supply declined, particularly in affordable and mid-range segments. The market’s resilience is reflected in the strong performance of both metro cities and Tier 2 regions.

Lifestyle Amenities Redefine Luxury in Delhi-NCR’s Real Estate Market

The concept of luxury in real estate has shifted in Delhi-NCR, with developers focusing on creating homes that offer a complete lifestyle experience. With an emphasis on wellness, sustainability, and community engagement, luxury housing now includes amenities like fitness centers, eco-friendly building materials, and smart-home technologies to cater to the evolving needs of modern homebuyers.

RR Kabel Promoter Shreegopal Kabra and Family Buy Luxury Apartments for ₹198 Crore in Worli

Shreegopal Kabra, the promoter of RR Kabel Ltd, and his family have bought two luxury apartments for ₹198 crore in Mumbai’s exclusive Oberoi Three Sixty West project. Spanning 13,809 sq ft, the high-end units are located on the 62nd floor and include 10 car parking spaces. The deal underscores the growing demand for premium real estate in Mumbai’s upscale neighborhoods.

Metro Group Unveils ‘The Presidential’ in Thane with India’s First Live Construction Tracker

Metro Group has launched The Presidential in Thane, a luxury residential project that introduces India’s first Live Construction Tracker. This groundbreaking feature allows homebuyers to track the real-time progress of their homes, offering unprecedented transparency in India’s luxury real estate market. Additionally, Metro Group is working on a Construction Quality Certification to ensure the highest standards throughout the building process, setting a new benchmark for trust and innovation in homebuying.

Hyderabad’s Residential Market Sees Strong Growth: 7% Increase in Transactions and 20% Surge in Sales Value for July-September 2024

Hyderabad’s residential real estate market showed robust growth in the July-September 2024 quarter, with a 7% increase in transactions and a 20% rise in sales value. The city’s housing market remains strong, driven by rising demand for well-connected properties, especially near key IT hubs and the Outer Ring Road. Developers like Aparna Constructions and Prestige Group lead the charge in this expanding market.