Indian cities like Delhi NCR, Mumbai, Pune, Bengaluru, Chennai, Hyderabad, and Kolkata have seen tremendous residential real estate growth. According to a recent survey, selling active unsold home inventory took 22 months in Q1 2024, down 31% from 32 months in 2019.

According to JLL, the time to sell active unsold housing inventory in India's top seven cities—Delhi NCR, Mumbai, Pune, Bengaluru, Chennai, Hyderabad, and Kolkata—has dropped 31%. Due to rising home demand, inventory liquidation took 22 months in Q1 2024, down from 32 months in 2019.

Bengaluru, Delhi NCR, and Kolkata have witnessed house costs rise 20% in the previous two years. These locations saw a 30% price spike from 2021 to 2023 due to strong demand for mid- and luxury homes, according to Colliers.

Magicbricks has introduced MagicHomes, a fresh way to help you find the latest housing projects across India's big cities. Whether you're looking in Delhi, Mumbai, Bengaluru, Hyderabad, Kolkata, Pune, Ahmedabad, or Chennai, MagicHomes is here to make your search easier.

West Bengal Housing 'Infrastructure Development Corporation and Godrej Properties have agreed to buy a 7.44-acre land lot in Kolkata's New Alipore.

In the current fiscal year 2023-24, The Phoenix Mills plans to invest over Rs 2,000 crore to support the ongoing portfolio expansion in key locations such as Pune, Bengaluru, Kolkata, and Surat.

After 13 rounds of bidding, Ahmedabad's Sankalp Recreation, Kolkata's Shri Ram Multicom, and Mumbai's Rare Asset Reconstruction Co are the sole bidders for Rajesh Life Spaces' bankrupt hotel property.

Shapoorji Pallonji Real Estate Will Deliver 2000 Homes in Shukhobrishti in Kolkata in the Fiscal Year 2022 and 2023

Kolkata Based Real Estate Developer Merlin Group to invest INR 2000 Cr in Pune Across Different Projects

Merlin Group, a realtor headquartered in Kolkata, has launched a Rs 200 crore tower in Salt Lake's Sector V, the city's IT powerhouse.

Shriram Properties and Logos, an Asia-Pacific logistics company, have signed a Memorandum of Understanding (MoU) for the possible sale of up to 90 acres of property in Shriram Grand City in Uttarpara, Kolkata, which Logos intends to convert into a warehouse and logistics park.

Larsen & Toubro Group Firm Mindtree's new development centre, which spans 56,000 square feet, is situated in Bidhannagar, a neighbourhood in the Greater Kolkata area.

Managed office space provider Smartworks has leased around 200,000 sq ft to five companies in its new flexible workspace centre in suburban Pune’s Baner area.

Emami Realty Ltd will develop a 40-acre township in Kolkata at an estimated project cost of Rs 300 crore. The company is launching 525 plots for sale in this township project, located at Bhasa, near Joka in Kolkata.