The real estate sector in Tier-II Indian cities experienced remarkable growth between January and September 2024.

Equity investments in Indian real estate are set to cross $10 billion (₹1,000 crore) for the first time. Inflows reached $8.9 billion from January to September 2024, up 46% year-on-year, driven by strong domestic investor participation and a jump in deal volumes to 200 from 151 in 2023.

Amazon, Cognizant, IBM, Accenture, and McKinsey are renewing leases in India's office space market, which is booming. Bangalore led the list of cities where major firms renewed office space, with 1.6 million square feet renewed between January and July 2024.

Office space sharing company Awfis, which went public last month, reported a net profit of ₹1.3 crore for the January-March quarter, a significant turnaround from a ₹13.8 crore loss in the same period last year.

Flexible space operators became the second-largest office leasing industry in the January to March quarter of 2024, a major change. To suit worldwide corporate needs, the sector's growth has increased.

With the launch of its major e-auction for magnificent homes, including sumptuous penthouses, in Dwarka Sector 19B, the Delhi Development Authority (DDA) is ushering in a new age of luxury living. The February 5 e-auction, with registrations ending January 29, 2024.

Brigade Enterprises Ltd. signed two MoUs with the Tamil Nadu government on January 8. This bold plan involves an investment of over Rs 3,400 crore in the state over the next three to four years.

In the third quarter of fiscal year 24, Bengaluru-based real estate developer The Prestige Group earned Rs 5,326.1 crore. Over the last year, growth has been 111%. A January 9 regulatory filing indicated a 5.46 million-square-foot construction.

Singapore-based CapitaLand Investment Ltd. signed three significant MoUs with Tamil Nadu on January 9. The state would get around Rs 4,500 crore from this ambitious endeavour over five years.

An deal was reached to buy a 100% share in Goel Ganga Ventures India Private Limited (GGVIPL) by Lodha Group, a major Indian real estate developer. After this deal, Lodha Group will hold 100% of GGVIPL.

Prime Minister Narendra Modi inaugurated and started over Rs 20,000 crore in development projects in Tiruchirappalli to boost Tamil Nadu's economy. On January 2, 2024, these projects included rail, road, oil and gas, and shipping, signifying a major infrastructure investment in the state.

The Mumbai Trans Harbour Link (MTHL) will change Mumbai's transport dynamics. On January 12, 2024, India's longest sea bridge will cut travel time from two hours to 20 minutes. This 21.8 mile engineering wonder would connect Sewri in Mumbai to Chirle in Navi Mumbai, serving 70,000 trucks daily.

From January 5 to 7, 2024, CREDAI Ahmedabad will host the 18th GIHED Property Show. The Gujarat Chief Minister Bhupendra Patel and the Minister of State for Home Harsh Sanghvi will launch this important event.

From January 2022 to October 2023, Indian real estate developers bought 3,294 acres of property, 44.4% of which was in Tier 2 and 3 cities.

According to a report by CBRE South Asia, between January and June of this year, 6,900 Indian luxury residences with a price tag of Rs 4 crore or more were successfully transacted. This represents an increase from the 3000 units sold in 2022.