Browsing Tag
property market
40 posts
RBI Rate Cut Brings Good News for Homebuyers: Lower EMIs
In a major relief for homebuyers, the RBI has reduced the repo rate by 25 basis points to 6%, marking its second consecutive cut. Industry leaders say this move will improve housing affordability, boost buyer sentiment, and encourage new project launches—especially in affordable and mid-income segments.
49 Homes Above ₹ 100 Crore Sold for ₹ 7,500 Crore in Three Years
India’s ultra-luxury home market is booming, with 49 properties priced above ₹100 crore sold for a staggering ₹7,500 crore in just three years. Mumbai takes the lead with 69% of the deals, while apartments now dominate over bungalows in this elite segment.
Subhash Ghai Sells Two Apartments in Mumbai’s Jogeshwari for ₹11.61 Crore
Veteran Bollywood filmmaker Subhash Ghai has sold two premium residential apartments in Jogeshwari, Mumbai, for a total of ₹11.61 crore. The properties, located in Splender Complex Co-op Housing Society Ltd. and registered under Mukta Tele Arts Private Limited, were officially recorded in March 2025. The sale highlights the rising demand for high-end real estate in Mumbai’s western suburbs, known for their excellent connectivity and accessibility to key commercial hubs.
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.
