Mumbai MMR Housing Boom: Sales Value Soars 11%, Transactions Surge 5% in Q4 2024

Mumbai’s housing market continued its upward momentum in Q4 2024, with a significant 11% rise in registered home sales value and a 5% increase in transactions. Led by major developers like Lodha Group and Godrej Properties, the market benefited from growing infrastructure projects and a surge in high-value property investments.

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.

Infrastructure Boom: How Connectivity is Driving Property Prices in Chembur

Chembur’s real estate market is on an upward trajectory, fueled by infrastructure development and improved connectivity. With property prices soaring from ₹20,000 to ₹35,000 per sq. ft. in recent years, the suburb is now a prime investment destination. Upcoming metro lines, expressways, and luxury housing projects are further enhancing its appeal, making Chembur a hotspot for homebuyers and investors.

Sattva Group and Blackstone File Draft Offer Document for India’s Largest REIT IPO

Sattva Group and Blackstone have taken a significant step towards launching India’s largest REIT IPO with Knowledge Realty Trust (KRT). With a high-quality portfolio spanning 48 million sq. ft. across six cities, KRT is set to be India’s most geographically diverse office REIT. The IPO will mark Blackstone’s fifth public listing in India’s real estate sector, highlighting continued confidence in the country’s commercial property market.

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.