Mumbai Property Market Sees Growth in December 2024, With Higher Registrations and Revenue

Mumbai’s real estate market experienced steady growth in December 2024, with 12,335 property registrations and ₹1,127 crore in revenue, reflecting a 0.4% increase in registrations and a 20.8% rise in revenue from 2023. The number of registrations also rose by 31.8% compared to December 2022, indicating strong recovery and growth post-pandemic. Despite a drop from the high numbers seen in December 2020, the market continues to show resilience with increasing property demand and rising prices.

Gurugram Metro Extension Set to Boost Real Estate Growth

Haryana Chief Minister Nayab Singh Saini has announced that work on the Gurugram Metro extension will begin by May 1, 2025. The 29-kilometre line will connect key areas like Millennium City Centre, Cyber City, and the Railway Station, enhancing city-wide connectivity. Experts predict a surge in real estate demand in surrounding areas, as the metro extension is expected to significantly reduce travel times and improve access to business hubs, making Gurugram an even more attractive destination for investors and homebuyers.

Housing Supply Set to Surge in 2025 as Inventory Levels Hit Lowest in 14 Months

The Indian housing market is set for a surge in 2025, with top developers planning to launch 253.16 million sq. ft. of new supply. With inventory overhang at its lowest in 14 months and strong demand for branded housing, new launches are expected to accelerate across major cities.

Omaxe Celebrates Annual Day 2024 with Leadership Summit and Gala Night

Omaxe Ltd celebrated its Annual Day 2024 with a Leadership Summit and Gala Night, bringing together senior leaders to discuss regional strategies and align on future goals. The event included motivational sessions by Gaur Gopal Das and an awards ceremony recognizing outstanding employees with Bollywood-themed honors. The evening reflected Omaxe’s commitment to growth, innovation, and collaboration within the real estate sector, as the company continues to expand its presence across India.

Indian Real Estate: Riding Higher in 2025

The Indian real estate market is on track for a robust 2024, driven by key regulatory reforms, increased transparency, and a favorable economic environment. From a strong demand for Grade A office spaces across major cities to continued growth in residential and industrial sectors, all asset classes are poised for impressive performance. Institutional investments are expected to remain healthy, with a particular focus on Tier-II/III cities, offering opportunities for higher returns due to urbanization and infrastructure development.