General

The Delhi Development Authority's two-day live e-auction for their 2023 housing programme debuted well. Buyers bought 274 units on the first day. According to a senior official, there are 129 MIG apartments, 138 super HIG flats, and seven luxury penthouses.

Ayodhya's real estate market is booming as the Ram Mandir's grand opening draws the elite of Indian politics and commerce. The city's property and land values have quadrupled, rivalling Uttar Pradesh's major cities. Local and national investors are drawn to this upturn.

From January 5 to 7, 2024, CREDAI Ahmedabad will host the 18th GIHED Property Show. The Gujarat Chief Minister Bhupendra Patel and the Minister of State for Home Harsh Sanghvi will launch this important event.

In 2025, Lemon Tree Hotels will launch its Mussoorie hotel. The Queen of the Hills, Mussoorie, Uttarakhand, will get a new gem from this Lemon Tree Hotels franchise. This hotel offers stunning vistas and a Himalayan experience at 2,000 metres above sea level.

Pune, Maharashtra's cultural capital, is leading India's urbanisation narrative with significant demographic, economic, and real estate expansion. Pune has experienced a rise in flat demand because to its dynamic IT industry, robust industrial base, and thriving startup culture. This demand has boos

Top developers are flocking to Borivali, particularly near the Western Express Highway. High-end lifestyle developments are supported by rising social infrastructure including schools, hospitals, malls, and leisure centres. Borivali is becoming a top option for luxury and connectivity.

Bandhan Bank will sell its ₹775-crore affordable house loan portfolio to Avenue Capital-backed Arcil for ₹280 crore. A planned cash transaction by the bank addresses financial challenges for low-income households struggling to repay housing loans of ₹10-12 lakh.

MahaRERA recovered over Rs 140 crore this year from developers who delayed flat deliveries, distressing homeowners. This is one of India's greatest real estate regulator recoveries. MahaRERA has filed 1,123 warrants this year to collect about Rs 764 crore from developers, threatening to freeze bank

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.

This is great news for Malad West real estate, inhabitants, and Mumbai suburbs. The Mumbai Metropolitan Region Development Authority (MMRDA) is the special planning authority for 1,387 hectares (3,427 acres) along Malad's western shore, reports said.

Experion Developers, the Indian affiliate of Singapore's Experion Holdings, plans to launch many new projects worth over INR 10,000 crore this year. After buying five INR 2,100 crore land tracts, this venture was launched.

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.

A cash flow surplus helped Mumbai-based Sunteck Realty reduce its net debt. This excess, mostly from Satguru Infocorp Services and Starlight Systems' 60 lakh share sales, would be used to accelerate the company's commercial activities.

The Prestige Group wants to develop 1 million square foot residential apartments in Pune in 2024. This enterprise might earn Rs 750–Rs 1,000 crore. Ahmed said the Bengaluru-based developer would launch 3 million square feet of property in Mumbai seeking Rs 15,000 crore in revenue next year.

The overall value of housing inventory sold in 2023 would reach Rs 4.5 lakh crore, up 38% from 2022's Rs 3.27 lakh crore. Anarock Group research shows strong housing market expansion.