Greater Noida Leads NCR with 98% Property Price Jump in 5 Years

Greater Noida has recorded the highest property price growth in NCR, with rates nearly doubling in five years. ANAROCK’s latest report highlights a 98% price surge in Greater Noida and a 51% drop in unsold inventory across NCR, marking a major turnaround in the region’s real estate market. Luxury and ultra-luxury housing now lead new supply trends, replacing affordable housing as the preferred segment.

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.

MMRDA’s BKC Plot Auction Fetches Record-Breaking Prices: Sumitomo and Brookfield Secure Prime Land

The Mumbai Metropolitan Region Development Authority (MMRDA) has set a new record with its latest land auction in Bandra-Kurla Complex (BKC), fetching prices well above the reserve rate. Sumitomo Corporation acquired two prime plots at ₹4,82,000 per square meter, while Brookfield secured another at ₹3,87,000 per square meter. This historic auction highlights BKC’s growing demand among global investors and reinforces Mumbai’s status as a premier commercial hub.

Maharashtra Government Hikes Ready Reckoner Rates for 2025-26; Property Prices Set to Rise

The Maharashtra government has announced a revision in Ready Reckoner Rates (RRR) for 2025-26, leading to an average hike of 3.89% across the state. Mumbai sees a 3.4% increase, while Thane, Solapur, and other key cities experience sharper hikes. This revision is set to impact property valuations, stamp duty, and registration charges, potentially raising real estate costs for buyers and investors. Industry experts urge a gradual approach to balance market stability and affordability.

Gauri Khan Sells Dadar Apartment for ₹11.61 Crore, For 37% Profit

Gauri Khan, interior designer and wife of Bollywood superstar Shah Rukh Khan, has sold her luxury Dadar West apartment for ₹11.61 crore. The prime property, located in the upscale Kohinoor Altissimo project, has appreciated by 37% since its purchase in 2022. This sale highlights Mumbai’s booming luxury real estate market.