Browsing Tag
property investment
29 posts
Residential Real Estate Supply Rises 12.7% YoY, Premium Segment Grows 14.4%
India’s residential real estate market witnessed a 12.7% YoY supply growth in Q4 2024, driven by Bengaluru (56.1%) and Gurugram (44.1%). The premium segment surged 14.4%, accounting for 52% of new supply, while residential prices grew 22.7% YoY, led by Noida, Greater Noida, and Gurugram. Rising investor activity and sustained demand underscore the sector’s continued growth.
Varun Dhawan Splurges ₹87 Crore on Two Lavish Apartments in Mumbai
Bollywood actor Varun Dhawan, along with his wife Natasha Dalal and mother Karuna Dhawan, has invested ₹87 crore in two luxury apartments in Andheri, Mumbai. The properties include eight car parking spaces, premium amenities, and a combined stamp duty payment of ₹5.21 crore.
Residential Property Transactions Soar Past 5.5 Lakh in 2024, Grossing Over Rs. 4 Lakh Crore; Property Prices Surge 60% in Five Years
In 2024, India’s residential property market continued to thrive with nearly 5.77 lakh registered transactions, surpassing Rs. 4 lakh crore in value. This growth, marked by a 60% increase in property prices over the last five years, highlights a strong demand for homes across top cities. Gurugram, in particular, saw remarkable price hikes, with a 132% increase since 2019. The outlook for 2025 remains positive, with expectations of further growth in both demand and supply.
Rajiv Bajaj’s Rishabh Family Trust Acquires Land in Pune for Rs. 72 Crore
Rajiv Bajaj’s Rishabh Family Trust has acquired a 1.15-acre land parcel in Pune’s upscale Koregaon Park for Rs. 72 crore. The deal includes a bungalow and outhouse, and was registered in December 2024, showcasing the growing demand for high-end real estate in the region.
