Browsing Tag

property market

26 posts
India's real estate sector witnessed record land acquisitions worth ₹39,742 crore in 2024

India’s Real Estate Sector Sees Record ₹ 39,742 Crore Land Acquisitions in 2024

India’s real estate market reached a new high in 2024, with developers acquiring ₹39,742 crore worth of land across 23 cities. The surge in residential projects, particularly in Tier 1 and emerging Tier 2 cities, highlights a shift in development strategies. JLL’s report emphasizes the growing demand for housing, investment trends, and the evolving financing landscape in India’s property market.
woman in real estate

Women Homebuyers on the Rise: 1.29 Lakh Residential Transactions Recorded in 2024, Growing 14% Annually

India’s real estate sector is witnessing a shift as women take a stronger role in homeownership. A new report by Square Yards reveals a 14% rise in residential transactions by women, reaching 1.29 lakh in 2024, outpacing male buyers. This surge is driven by financial independence, government incentives, and digital advancements, marking a transformative moment in the housing market.
Sumadhura Group enters the plotted development sector with Panorama, a South India-themed luxury villa land community in Devanahalli, targeting ₹1,500 crore in

Sumadhura Group Enters Plotted Development Sector with ₹1,500 Crore Project in Bengaluru

Sumadhura Group has launched Panorama, a South India-themed luxury villa land community in Devanahalli, North Bengaluru. The project spans 100 acres and aims for a topline of ₹1,500 crore, catering to homebuyers seeking custom-built homes.
woman in real estate

31% Women Now Buy Homes for Investment, 52% Prefer Premium Properties

Indian women are increasingly investing in real estate, with 31% now purchasing homes for investment, up from 21% in 2022, as per the ANAROCK H2 2024 survey. Over 52% of women prefer properties priced above ₹90 lakh, while real estate has solidified its position as the most preferred investment option for 70% of women. The survey also reveals a growing preference for under-construction homes, highlighting a shift towards long-term capital appreciation.
Akshay Kumar

Akshay Kumar and Twinkle Khanna Sell Luxury Worli Apartment for ₹80 Crore

Bollywood superstar Akshay Kumar and his wife Twinkle Khanna have sold their luxury apartment in Worli’s Three Sixty West for ₹80 crore. The 6,830 sq. ft. flat, located on the 39th floor, includes four car parking spaces. The deal was registered on January 31, 2025, with a stamp duty payment of ₹4.8 crore. Akshay originally purchased the property in 2015 for ₹27.94 crore, later selling a portion to Twinkle for ₹32 crore.