Browsing Tag

real estate trends

81 posts
Luxury housing Delhi-NCR

Housing Prices Surge in 2024, Delhi NCR Leads with 31% Growth

India’s housing market experienced a significant price surge in 2024, with average prices rising 10% YoY. Delhi NCR led the growth with a 31% increase, followed by Bengaluru at 23%. The luxury and ultra-luxury segments played a key role in driving demand, while unsold inventory levels declined for the fourth consecutive quarter. Experts anticipate continued price appreciation in 2025, supported by strong buyer confidence and evolving housing preferences.
Smartworks has signed a major ~1.66 lakh sq ft lease with Wolters Kluwer in Pune’s Kalyani Nagar, reinforcing its leadership in managed office campuses and accelerating enterprise-driven growth across India.

India’s Flexible Workspace Sector Hits Record 12.4 Million Sq. Ft. Leasing in 2024

India’s flexible workspace sector achieved a record gross leasing volume of 12.4 million sq. ft. in 2024, marking a 57.5% year-on-year growth. Bengaluru led with the highest leasing volume, while Mumbai saw a threefold increase. The demand surge is driven by evolving business needs, hybrid work models, and rising enterprise adoption of managed office solutions.
Zaheer Can with wife Sagarika Ghatghe

Zaheer Khan, Sagarika Ghatge, and Shivjeet Ghatge Purchase Luxury Apartment in Mumbai for Rs 11 Crore

“Former Indian cricketer Zaheer Khan, along with his wife, actress Sagarika Ghatge, and her brother, Shivjeet Ghatge, has invested in a luxury apartment in Mumbai’s prime locality, Lower Parel, for Rs. 11 crore. The high-end property, located in Indiabulls Sky, spans over 2,158 sq. ft. and includes three car parking spaces. With this purchase, the trio joins a list of celebrities who have invested in Mumbai’s thriving real estate market.”
Foreign universities in India could save US$113 billion in forex, serve over 560,000 students and create 19 million sq ft of education real estate demand, says a Deloitte–Knight Frank report.

Mumbai Sees Surge in Property Registrations and Stamp Duty Revenue in January 2025

Mumbai recorded 12,048 property registrations in January 2025, generating ₹974 crore in stamp duty revenue. This marks a 9.86% increase in registrations and a 28.15% rise in revenue compared to January 2024. However, compared to December 2024, registrations dipped by 2.98%, while revenue declined by 14.12%.
Mumbai

Mumbai’s Real Estate Market Shows Signs of Stagnation as Property Registrations Plateau

Mumbai’s real estate sector appears stagnant as property registration data for January 2025 reveals minimal growth compared to the same period last year. With just six more registrations than in January 2024 and stable stamp duty collections, the market shows no signs of significant movement or price appreciation.