Builders Reintroduce ‘Pay 5% Now, Rest on Completion’ Schemes to Attract Homebuyers

Developers are reviving the “Pay 5% Now, Rest on Completion” scheme to make homeownership more accessible. This move, seen in projects like Chandak Highscape City in Mumbai, aims to attract buyers by reducing the initial financial burden while ensuring investment security.

India Leads APAC Real Estate Investments with 88% Growth in H2 2024

India’s real estate sector recorded an 88% year-on-year increase in investments during H2 2024, reaching $3.0 billion. The office sector led with a 47% share, while industrial and logistics accounted for 27%. Mumbai saw the highest inflows, driven by office asset acquisitions. Institutional investments, especially from foreign investors, made up 57% of the total. With economic stability and easing monetary policies, experts anticipate continued growth in 2025, with renewed interest in retail, hospitality, and alternative asset classes.

Flat Sold for ₹187 Crore in Mumbai’s Worli

A high-value real estate transaction has taken place in Mumbai’s Worli, with SR Menon Properties LLP purchasing a luxury apartment for ₹187 crore.

Viyaara Realty Plans ₹50 Crore Residential Project in Dadar

Viyaara Realty is set to redefine luxury housing with Altiora, a ₹50 crore residential project in Dadar and Shivaji Park. The development will feature 1 and 2 BHK residences with 10.5 ft floor-to-floor height, a feature typically found in larger apartments. With breathtaking waterfront views, world-class amenities, and excellent connectivity, Altiora caters to young professionals, nuclear families, and investors looking for a high-end lifestyle in South Mumbai’s prime real estate market.

India’s Housing Loan Market Expands to ₹33.53 Lakh Crore, Registers 14% YoY Growth

India’s housing sector continues its upward trajectory, with the National Housing Bank (NHB) reporting that outstanding individual housing loans surged to ₹33.53 lakh crore as of September 30, 2024—a 14% YoY increase. The report highlights the evolving homebuyer preferences, regional credit disparities, and the impact of government schemes like PMAY and UIDF. With urbanization and digitization reshaping the real estate landscape, the sector remains poised for sustained growth in the coming years.