The Nifty Realty Index has dropped 8% over the past month, presenting a lucrative opportunity for investors. Experts highlight the continued strength in luxury housing and the expected rebound in affordable homes. Ghar investigates more.

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.

India's biggest and most costly real estate market, Mumbai, started the 2024 festival season with strong Navratri property registrations. Between October 3 and 11, the city registered 5,199 properties, a 13.2% increase over Navratri 2023.

As Mumbai's real estate market continues to rise, Greater Mumbai property registrations rose 12% in 2024 to over 1.5 lakh in the first nine months. This 12% YoY rise in registrations has brought Rs 8,892 crore to the state exchequer.

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.

Bajaj Housing Finance Limited (BHFL) plans to raise 6,560 crore via an IPO, including new share issuance and a sale. With quick expansion since its founding, a broad loan portfolio, and sound financials, BHFL can capitalise on India's rising housing demand.

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.

Real estate consultant Anarock reports that residential property prices in India's top seven cities have risen 45% in five years. Due to increased demand and fresh supplies, some micro marketplaces have seen price spikes of up to 90%.

The establishment of Manohar International Airport in Mopa has boosted high-end property projects, making Goa real estate appealing to rich investors. Mopa's emergence as a top real estate destination is likely to expand Goa's real estate market. Ghar examines Mopa real estate growth.

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.

Real Estate investment always has a growth potential. Currently, the real estate sector is on an upward trajectory, and this trend is expected to continue in the coming years. In such a promising scenario, investing in real estate can lead to substantial returns.

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.

GHAR examines 5 major elements fueling the Indian real estate rise, including market sentiment improvements and strong economic development.

Puravankara Group's projects in important Indian areas have received Rs 500 crore from Piramal Enterprises. This financial infusion will concentrate on commercial and residential projects via senior secured finance, highlighting their growth potential.