Oberoi Realty’s latest launch JARDIN at Oberoi Garden City Thane, has taken the real estate market by storm, recording Rs 1,348 crore in bookings within 3 days. This 75-acre, integrated luxury development on Pokhran Road No. 2 is set to redefine upscale living in Thane with world-class amenities.

India’s real estate market is booming, with opportunities spanning residential, commercial, and luxury properties. Real estate professionals must employ an expansive range of lead generation methods to attract and nurture potential buyers in a competitive market.

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.

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.

Luxury real estate in India is changing as high-net-worth people (HNIs) seek lifestyle experiences rather than simply properties. Indian billionaires are upgrading to ultra-luxurious living quarters that showcase grandeur, modern technology, and personal taste as their expectations rise.

Indian real estate demand is rising throughout the holiday season. Since the RBI just maintained the repo rate, homeowners may take advantage of low lending rates and invest now. We examine the main drivers of real estate market development over this time.

A sharp rise in demand for high-end homes priced at ₹4 crore and above is driving the Indian luxury real estate market to a huge boom in 2024. Rich buyers are prioritising better living situations, which is causing big towns to grow a lot. Ghar checks numbers and trends defining India luxury realty.

Mumbai, India's biggest and most expensive real estate market, is breaking records in 2024. In the first nine months, property registrations increased by 12%, surpassing 105,000 deals, while stamp duty revenues increased by 6%, reaching over ₹8,892 crore.

NRI (Non-Resident Indian) investments in Indian real estate are witnessing unprecedented growth, driven by economic, emotional, and regulatory factors. Ghar shares a mini-guide as to why NRIs are increasingly investing in Indian properties and how you can leverage this massive market opportunity.

In 2024, Mumbai sold 21 of 25 ultra-luxury properties in India's top 25 cities. HNIs and ultra-HNIs drove demand for mansions exceeding Rs 40 crore, worth Rs 2,443 crore. Mumbai, Hyderabad, Gurugram, and Bengaluru became luxury property hotspots as transactions increased.

In the June quarter, India's top 21 listed real estate developers sold approximately ₹35,000 crore in homes, with Godrej homes having the largest sales bookings. This strong result shows rising customer demand for premium properties.

Godrej Properties Ltd. (GPL) won an e-auction held by the Haryana Shehri Vikas Pradhikaran (HSVP) and successfully acquired two prime luxury group housing plots in Gurugram with a winning offer of ₹515 crore.

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.

The Chapter, a luxury vacation house developer supported by industry leaders including Nadir Godrej, Anand Piramal, and the Burman family of Dabur India, plans to spend around ₹850 crore. This project aims to build luxury villas in India's top leisure spots.

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.