Affluent Buyers Show Continued Interest in Luxury Real Estate

India Sotheby’s International Realty’s Luxury Residential Outlook Survey 2025 highlights that 62% of HNIs and UHNIs plan to invest in luxury properties within the next 12-24 months, driven by capital appreciation and rising affluence. While optimism about economic growth has slightly tempered, the survey underscores the resilience of luxury real estate as a preferred asset for lifestyle upgrades and wealth creation.

Between Dec 20-24, India’s Tallest Tower Sold 4 Homes Worth Rs 324 Crore

Between December 20 and December 24, 2024, Palais Royale, India’s tallest tower, sold four luxury flats for a total of Rs 324 crore. The transactions included properties located on the 61st floor, each costing Rs 81 crore, with special stamp duty discounts for female buyers.

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.