29% of Homes Sold in Greater Mumbai Priced Above ₹2 Crore

A recent report revealed that 29% of homes sold in Greater Mumbai are priced above ₹2 crore, highlighting the city’s escalating affordability issues. The research, unveiled at the Excelerate 3.0 event, sheds light on the rising challenges in Mumbai’s real estate market, with key insights on pricing trends, transaction volumes, and inventory levels, while emphasizing the need for regulatory reforms and collaboration to address housing affordability.

Lifestyle Amenities Redefine Luxury in Delhi-NCR’s Real Estate Market

The concept of luxury in real estate has shifted in Delhi-NCR, with developers focusing on creating homes that offer a complete lifestyle experience. With an emphasis on wellness, sustainability, and community engagement, luxury housing now includes amenities like fitness centers, eco-friendly building materials, and smart-home technologies to cater to the evolving needs of modern homebuyers.

Lead-to-Buy Conversion Time for Indian Housing Drops to 26 Days in H1 FY25, Reflecting Strong Demand

The latest ANAROCK data reveals a significant drop in the lead-to-buy conversion time for Indian homes, now standing at just 26 days in H1 FY25, down from 33 days in FY21. Ultra-luxury homes, priced above INR 3 Cr, are seeing the quickest decisions, while mid-range homes continue to see slightly longer conversion times due to rising property prices. The trend reflects both strong demand and growing buyer confidence in reputable developers.

Hyderabad’s Residential Market Sees Strong Growth: 7% Increase in Transactions and 20% Surge in Sales Value for July-September 2024

Hyderabad’s residential real estate market showed robust growth in the July-September 2024 quarter, with a 7% increase in transactions and a 20% rise in sales value. The city’s housing market remains strong, driven by rising demand for well-connected properties, especially near key IT hubs and the Outer Ring Road. Developers like Aparna Constructions and Prestige Group lead the charge in this expanding market.

Why the Festive Season is the Ideal Time to Invest in Your Dream Home

The festive season in Mumbai has sparked a remarkable surge in property registrations, making it an ideal time for homebuyers to invest. With attractive discounts, favorable home loan schemes, and a plethora of new project launches, this period offers unique opportunities to secure a dream home. Ms. Manju Yagnik discusses the various benefits of investing during this vibrant season, emphasizing the potential for long-term appreciation and the advantages of government policies aimed at promoting homeownership.