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Checking The Mumbai Luxury Real Estate Surge in 2024

The luxury housing market in Mumbai and six other major Indian cities witnessed significant growth between April and September 2024, with total sales reaching ₹2,78,309 crore. This marked an 18% increase compared to the same period last year, with average prices for luxury homes surpassing ₹1.23 Cr.

By Admin

  • 3rd Dec 2024
  • 1127 Views
Affordable Housing Redefined? Proposed GST Could Boost Budget Homes

The GST Council's GoM proposes increasing the affordable home price barrier from ₹45 lakh to ₹55 lakh. If authorised, this might help budget homebuyers by matching GST incentives with growing property prices and increasing housing accessibility throughout India.

By Admin

  • 3rd Nov 2024
  • 1168 Views
7 Reasons Why Affordable Homes in India Are Becoming 'Unaffordable' For The Common Man

Many middle-class Indians are losing their goal of home ownership as property prices rise, making affordable homes scarce. With the average property costing ₹1.2 crore to ₹1.4 crore, homeownership is becoming increasingly difficult to achieve.

By Admin

  • 13th Aug 2024
  • 1223 Views
7 Ways the Mopa Airport Opening is Creating a Boom in Mopa Real Estate

The opening of Manohar International Airport in Mopa has made North Goa a top location for luxury property investments. High-end developments have increased due to this planned development, boosting the region's popularity. Ghar highlights 7 ways the new airport is boosting Mopa real estate.

By Admin

  • 31st Jul 2024
  • 1219 Views
5 Reasons for the Surge in Prices of Under-Construction Properties by Almost 50%

Savills India reports that luxury residential under-construction properties in Delhi, Noida, Gurugram, Bengaluru, and Mumbai rose up to 53% in the first half of 2024. Gurugram grew the most. These are the top five causes of this increase.

By Admin

  • 3rd Jul 2024
  • 1265 Views
Discover 8 Luxury Real Estate Pin Codes of Mumbai and Delhi

Buying luxury real estate in Mumbai and Delhi means owning India's most renowned locales. Famous for their rich neighbourhoods and high property prices, these top pin codes provide unsurpassed premium living and good real estate investment options.

By Admin

  • 23rd Jun 2024
  • 1370 Views
Resilient Home Sales in India Defy High Interest Rates and Rising Prices

The Indian residential property market reached record highs in the March quarter due to steady economic circumstances and buyer confidence. JLL India reported record residential sales despite increased borrowing rates and property costs.

By Admin

  • 21st Apr 2024
  • 1354 Views
Mumbai Leads the Surge in Luxury Home Prices in India

According to the Prime Global Cities Index, Mumbai, Delhi, and Bangalore have higher housing prices. Buyers are increasingly choosing property investments to better their lives.

By Admin

  • 24th Mar 2024
  • 1273 Views
The Ultimate Dubai Real Estate Investment Guide

Dubai stands as a beacon of architectural innovation and luxury living. With its property market among the world's highest performers, the emirate continues to attract substantial international investment, backed by a 15.9% growth in residential prices through May 2023.

By Admin

  • 24th Mar 2024
  • 1314 Views
Surge in Indian Housing Prices Reflects Growing Market Confidence as 2024 Unfolds

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.

By Admin

  • 10th Mar 2024
  • 1323 Views
John Abraham Acquires a Lavish Bungalow in Khar West, Mumbai for Around INR 71 Crore

Bollywood star John Abraham bought a luxury Khar mansion in Mumbai's real estate market. It cost Rs 70.83 crore to buy the 5,416-square-foot home with 7,722 square feet of land.

By Admin

  • 31st Dec 2023
  • 1369 Views
2023 - A Year of Transformation and Challenges in Indian Real Estate

The Indian real estate industry had a great 2023! Indian property markets saw some of the largest transactions ever. Lots of action—acquisitions, IPOs, new project launches. 2023 has set up the Indian real estate sector for future growth.

By Admin

  • 26th Dec 2023
  • 1298 Views
Yamuna Expressway Real Estate Booms With Almost 50 Per Cent Growth in One Year

Yamuna Motorway real estate is lightning fast. Its property prices rose 50% in a year, making it a real estate hotspot. This growing corridor of residential, commercial, and industrial zones is attracting investors with its futuristic vision.

By Admin

  • 5th Dec 2023
  • 1323 Views
February Stamp Duty Collections in Mumbai Real Estate Market Highest on Record, as Property Transactions Expected to Rise in 2023

Despite a rise in interest rates and property prices, stamp duty collection in February for the country's biggest and most costly real estate market, Mumbai, reached a record high. The record collection was driven by premium and middle-income housing categories.

By Admin

  • 7th Mar 2023
  • 1418 Views
Luxury Beachside Home in Alibaug Sells For a Whopping INR 80 Cr, Real Estate Prices in Alibaug Have Increased Post Pandemic

Property rates across Mumbai harbour have soared after the Covid-19 pandemic and the resultant lockdown, especially in the sleepy coastal town of Alibaug.

By Admin

  • 25th Oct 2021
  • 2074 Views
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