The Nifty Realty Index has dropped 8% over the past month, presenting a lucrative opportunity for investors. Experts highlight the continued strength in luxury housing and the expected rebound in affordable homes. Ghar investigates more.

A recent study highlights a gradual reduction in slum-covered land in Mumbai’s peninsular region, dropping by 8.6% over 17 years. From 47.7 sq km in 2005, the slum area declined to 43.6 sq km in 2022, revealing a dynamic transformation in one of India’s most densely populated cities.

Indian real estate IPOs have gained pace due to high demand in residential, commercial, and retail industries. Real estate IPOs generated ₹13,553 crore in 2024, a significant rise from the previous year, as firms use capital markets for growth.

October 2024 saw record property registrations in Mumbai owing to a good purchasing season. Mumbai's property registration revenue is estimated at ₹1,081 crore as of October 29, 2024, as reported by Maharashtra's IGR. An increase of 52% from the ₹712 crore recorded on Diwali in November 2023.

Anant Raj, a renowned Delhi-NCR real estate developer, aims to raise up to INR 2,000 crore via a QIP. The funds will fund project expansion and new initiatives in high-demand areas.

Runwal Realty, a prominent real estate developer, acquired a 4-acre land parcel in Mumbai's Worli neighbourhood for ₹800 crore, including taxes and government levies. The developer plans to build a 1 million square foot luxury residential development, generating ₹8,000 crore in revenue.

As Mumbai's real estate market continues to rise, Greater Mumbai property registrations rose 12% in 2024 to over 1.5 lakh in the first nine months. This 12% YoY rise in registrations has brought Rs 8,892 crore to the state exchequer.

Recent TDR regulation amendments in Mumbai could jeopardise the city's growing real estate industry. With developers being forced to get a percentage of their TDR from the Dharavi redevelopment project at higher rates, home prices may rise.

An innovative Mumbai-Ahmedabad bullet train station in Boisar, Palghar district, is planned to improve connectivity and infrastructure. This station is ideally located in the Boisar-Tarapur MIDC (Maharashtra Industrial growth Corporation), a major tourist destination, and much more.

Hyderabad's residential market is changing. Hyderabad Luxury property sales and launches dominate the market. Mid-end units made up more than half of yearly sales until 2021, but this trend has changed.

Real estate consultant Anarock reports that residential property prices in India's top seven cities have risen 45% in five years. Due to increased demand and fresh supplies, some micro marketplaces have seen price spikes of up to 90%.

The establishment of Manohar International Airport in Mopa has boosted high-end property projects, making Goa real estate appealing to rich investors. Mopa's emergence as a top real estate destination is likely to expand Goa's real estate market. Ghar examines Mopa real estate growth.

DLF reported a 23% year-on-year growth in net profit to ₹646 crore in Q1FY25. Outstanding growth was fuelled by ₹6,404 crore in sales bookings, a 214% rise from the previous year. The company's consolidated revenue increased 14% year-over-year to ₹1,730 crore.

Lodha, or Macrotech Developers, reported a 21% rise in net profit to Rs 670 crore for the March quarter. The company's operating revenue rose 23% to Rs 4,020 crore. Developer pre-sales and yearly performance are at an all-time high this quarter.

Puravankara Group's projects in important Indian areas have received Rs 500 crore from Piramal Enterprises. This financial infusion will concentrate on commercial and residential projects via senior secured finance, highlighting their growth potential.