Key Trends Shaping India’s Residential Market in 2024: Insights by Ritesh Mehta, JLL India

Ritesh Mehta, Senior Director at JLL India, outlines the major residential market trends of 2024, from the growing focus on sustainability and smart home technologies to the rise of affordable housing and mixed-use developments. With promising growth ahead, India’s housing market is poised for a transformation by 2025.

Shahrukh’s Mannat Annexe To Get 2 More Floors, With a Walk-In & Washroom Bigger Than Your 1BHK

Shahrukh Khan’s Mannat Annexe is set for a major expansion with two additional floors, including a spacious walk-in washroom larger than a typical 1BHK. The proposal, submitted by Gauri Khan, has received BMC approval and is awaiting Coastal Regulation Zone clearance.

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.

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.

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.