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Mumbai Property Registrations Skyrocket by 52% in Revenue in Massive Festive Boost

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.

By Admin

  • 31st Oct 2024
  • 1151 Views
Decoding Pune Luxury Real Estate Surge & The Rise of Premium Living in Pune

Pune is one of India's top locations for high-net-worth individuals due to its booming luxury real estate sector. Pune's combination of history and modern living attracts affluent purchasers. Ghar's data-rich research of Pune's luxury real estate boom will benefit industry experts and fans.

By Admin

  • 31st Jul 2024
  • 1212 Views
Q2 2024 Indian Residential Property Sales Hit by Election, Heatwave, and Rising Prices

Election season, a heatwave, and rising property prices slowed Indian home sales in Q2 2024. This reduced unit sales by 8% from the previous quarter, according to a real estate consultancy group.

By Admin

  • 28th Jun 2024
  • 1236 Views
Record-Breaking 5.3 Lakh Homes to be Delivered in India in 2024, Highest in a Decade

In 2024, over 5.3 lakh residences will be completed, a decade-high. The Covid-19 outbreak delayed projects and the government-backed SWAMIH fund revived them, causing this increase. NAREDCO states that almost 4.35 lakh units were constructed in the top seven cities in 2023.

By Admin

  • 29th May 2024
  • 1331 Views
Tiger Shroff Buys Luxury Home in Pune

Star Tiger Shroff bought a 7.50-crore Pune house. Real estate database site says Shroff bought this in March 2024. Actor paid 52.50 lakh rupees in stamp duty for this property.

By Admin

  • 24th Mar 2024
  • 1303 Views
High Returns and Quality Living Draw Indian Capital to UAE and Europe's Real Estate

Wealthy Indians are increasingly channeling their investments into real estate markets in the UAE and Europe, driven by the allure of high rental yields and enhanced lifestyle options.

By Admin

  • 7th Mar 2024
  • 1266 Views
2023 Witnessed Increased Capital Raising Through REITs and InvITs in India, 2024 Could go Higher

India's REIT and InvIT funding has increased significantly in recent years. The money generated via these channels increased tenfold in 2023, reaching ₹11,474 crore. SEBI's favourable policies and these instruments' enticing returns have driven this expansion.

By Admin

  • 15th Jan 2024
  • 1293 Views
Aamor Inox Makes a Grand Entrance into Delhi Real Estate With Approx INR 88 Cr Land & Farmhouse Purchase

Aamor Inox Pvt. Ltd., a Delhi-based metals producer and exporter, has entered the real estate market. The business paid INR 87.5 crore for Delhi land and a home. The September transaction coincided with the Delhi government's intention to raise the circular rate for agricultural property.

By Admin

  • 27th Dec 2023
  • 1300 Views
DLF Plans to Build an IT Complex and Data Centre in Noida at a Cost of INR 3400 Crore

DLF Techpark in Sector 143, Noida, would get Rs 3,400 crore from India's largest real estate company.It can accommodate four million square feet (msf) on 25 acres.

By Admin

  • 4th Oct 2023
  • 1393 Views
LinkedIn Secures Prime Office Space in Maker Maxity, BKC, Mumbai for a Monthly Rent of INR 1 Crore

LinkedIn Technology Information Private Limited (LTIPL) has strategically rented 17,794 sqft of premier office space at Maker Maxity, in Bandra Kurla Complex in Mumbai.

By Admin

  • 29th Sep 2023
  • 1349 Views
Amazon Subsidiary Secures Prime Powai Real Estate for Data Centre Expansion

Amazon Data Services India buys a four-acre plot in Mumbai's lucrative Powai district. Larsen & Toubro's 18-year lease is the basis of this transaction.

By Admin

  • 29th Sep 2023
  • 1287 Views
CBRE Introduces Data and Tech Driven Development Solutions Platform

CBRE South Asia Pvt. Ltd., a real estate consulting firm, has announced the introduction of a new integrated, data- and technology-driven solution platform, Development Solutions, as part of its Project Management (PJM) business division.

By Admin

  • 7th Jul 2023
  • 1505 Views
The Flex-Seats Phenomenon is Expanding in India and is Poised to Grow Further

In FY23, the demand for coworking spaces surpassed all previous records, with India's IT hubs leading the pack. Latest real estate data shows that leasing of "flex-seats" has increased by 20%, with the biggest activity occurring in Bengaluru, Hyderabad, and Pune.

By Admin

  • 16th May 2023
  • 1368 Views
Data Centre Growth to Propel Investment in Indian Real Estate Market

Between 2023 and 2025, 678 MW will be added to the digital transformation industry in India due to the increasing use of digital technology, the migration of IT infrastructure to third-party providers, and the increased use of data from new and existing channels.

By Admin

  • 15th Apr 2023
  • 1382 Views
K Raheja Corp Purchases Free Sale Component of Slum Rehabilitation Project in Wadala, South Central Mumbai for INR 275 Crore

MMA Developer and Saroj Landmark Realty LLP sold floor space index (FSI) rights for 153,000 square feet in Wadala, central Mumbai, to K Raheja Corp for over 275 crore Indian Rupees.

By Admin

  • 15th Feb 2023
  • 1701 Views
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