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real estate trends

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BFSI Sector Shatters Leasing Records with 13.4 Million Sq. Ft. Take-Up in 2024: JLL Report

BFSI sector breaks previous records to lease 13.4 million sq. ft in 2024, amid the best year for office demand in the country

India’s Banking, Financial Services, and Insurance (BFSI) sector reached a historic milestone in 2024, leasing 13.4 million square feet of office space—the highest in a single year. A new report from JLL highlights the sector’s rapid growth, driven by both domestic and global firms, particularly in key financial hubs like Mumbai, Bengaluru, and Delhi NCR. As fintech innovation and digital financial inclusion rise, BFSI is set to play an even bigger role in India’s commercial real estate landscape.
Bigdome Infra Private Limited Acquires Prime Land Parcel in Kamba for Rs. 130 Crore

Land Parcel Sold in Kamba (Kalyan) for Rs. 130 Crore

Bigdome Infra Private Limited has made a major real estate investment in Kamba, Kalyan-Dombivli, acquiring 68.91 hectares of land for ₹130 crore. This move aligns with the company’s expansion strategy, capitalizing on the region’s infrastructure development and rising investor interest.

Flat Sold for ₹187 Crore in Mumbai’s Worli

A high-value real estate transaction has taken place in Mumbai’s Worli, with SR Menon Properties LLP purchasing a luxury apartment for ₹187 crore.

Viyaara Realty Plans ₹50 Crore Residential Project in Dadar

Viyaara Realty is set to redefine luxury housing with Altiora, a ₹50 crore residential project in Dadar and Shivaji Park. The development will feature 1 and 2 BHK residences with 10.5 ft floor-to-floor height, a feature typically found in larger apartments. With breathtaking waterfront views, world-class amenities, and excellent connectivity, Altiora caters to young professionals, nuclear families, and investors looking for a high-end lifestyle in South Mumbai’s prime real estate market.
India's booming housing sector

India’s Housing Loan Market Expands to ₹33.53 Lakh Crore, Registers 14% YoY Growth

India’s housing sector continues its upward trajectory, with the National Housing Bank (NHB) reporting that outstanding individual housing loans surged to ₹33.53 lakh crore as of September 30, 2024—a 14% YoY increase. The report highlights the evolving homebuyer preferences, regional credit disparities, and the impact of government schemes like PMAY and UIDF. With urbanization and digitization reshaping the real estate landscape, the sector remains poised for sustained growth in the coming years.