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 Proptech Portal GHAR reports that Birla Estates, the Aditya Birla Group's real estate subsidiary, has made a major move in Mumbai. For ₹537.42 crore, the business bought a 24.5-acre block of land in the Mumbai Metropolitan Region (MMR) in Kalwa on the Thane-Belapur Road.

Bank of Baroda, a major Supertech Group lender, approved the Dehradun project resolution plan. This approval is crucial, allowing 600 homeowners to finally get their houses. The proposal, presented to the NCLAT, is Supertech's first lender-approved project.

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.

REA Group, an Australian digital real estate advertising company, will launch its first India Global Capability Centre (GCC) in Gurugram in October. Steve Maidment, the company's chief technology officer, intends to raise India's employment to 10% of its worldwide team within two years.

IBM renewed its lease for 830,000 square feet of Embassy Golf Links Business Park office space in Bengaluru. The ₹143 crore yearly leasing contract is one of the biggest in the commercial office space category this year. According to insiders, this initiative would strengthen the US technology giant

Blockchain technology is transforming sectors, including real estate. Blockchain, however new in India, will improve property transactions' transparency, security, and efficiency. This Ghar guide examines how blockchain is changing the Indian real estate business.

Volkswagen Group Technology Solutions India has leased a three-story commercial tower in Hinjewadi, Pune, for over five years. In the Embassy Tech Zone of the Rajiv Gandhi InfoTech Park in the second phase of Hinjewadi development, this new office occupies over 123,000 sq ft in the Hudson Block.

Apco Infratech bought a lavish sea-view triplex apartment at The Legend by Ashar on Pali Hill, Bandra, Mumbai, for ₹155 crore. The 9,527 sq ft house, bought at ₹162,000 per sq ft, is among India's most expensive residential purchases.

This extensive list on Ghar including an analysis of India's major real estate businesses and industry trends highlight Mumbai's supremacy in the sector.

Modern Indian millennial homebuyers prioritise wellness features in their search for the right property. Yoga studios, fitness centres, and green spaces are becoming essential in the Indian real estate market due to this transition. Ghar explores 5 ways this trend is impacting Indian real estate.

Brigade REAP announced Cohort 16 applications, with mentoring starting July 10, 2024. This 16-week hybrid programme advances construction, hotel, green tech, and proptech firms.

An integrated Aadhaar eSignature is improving property transactions in India by increasing efficiency, security, and compliance. This Aadhaar eSignature Guide on Ghar discusses real estate eSignature advantages and implementation methodologies.

Microsoft Corporation purchased a 48-acre land tract in Ranga Reddy, Hyderabad, for Rs 267 crore to expand its data centre footprint. The Sai Balaji Developers-facilitated, Propstack-documented purchase is a major regional investment.

The bankruptcy court allowed Macrotech Developers to buy V Hotels Ltd., which owns the Tulip Star Hotel, formerly the Centaur Hotel. The property in Mumbai's upmarket Juhu neighbourhood will be bought by Lodha Group business Macrotech Developers for Rs 890 crore.