QIP Fundraising Reaches Record High in 2024, Real Estate Leads with INR 22,320 Cr

India’s QIP fundraising surged to an all-time high in 2024, raising INR 1,41,482 crore across sectors. The real estate sector emerged as the leader, attracting INR 22,320 crore in funding despite market volatility. Experts cite strong institutional confidence as a key driver behind the sector’s robust performance.

Maharashtra Government to Fast-Track MSRTC Bus Depot Development, Invites Developers for 3,360 Acres of Land

The Maharashtra government plans to fast-track the development of MSRTC bus depots across district, taluka, and rural areas, inviting developers to utilize 3,360 acres of land. The government will soon float 150 to 160 tenders for the project. At the NAREDCO NextGen Conclave 2025, discussions covered real estate trends, AI adoption, and urban planning, with experts highlighting the impact of government reforms and tax policies on the sector.

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.

Godrej Group’s Anamudi Real Estates LLP Acquires ₹80.83 Crore Land Parcel in Juhu

Anamudi Real Estates LLP, a privately held firm of the Godrej Group, has acquired a prime land parcel in Mumbai’s upscale Juhu area for ₹80.83 crore. The transaction, registered in February 2025, includes a built-up structure and highlights Juhu’s enduring appeal among high-net-worth individuals and Bollywood celebrities.

RBI Cuts Repo Rate by 25bps: A Boon for Homebuyers and the Real Estate Sector

The RBI’s decision to cut the repo rate by 25 bps to 6.25% is a significant boost for the real estate sector. Experts believe this move, coupled with recent tax benefits, will make home loans more affordable, encourage homebuyers, and drive market growth. Industry leaders highlight the positive impact on liquidity, affordability, and overall demand in both residential and commercial real estate.