With a robust demand outlook and a significant increase in property registrations, leading real estate developers in Mumbai, including Macrotech Developers (Lodha), Oberoi Realty, and Godrej Properties, are poised to gain market share and enhance their pr
Real EstateMumbaiMarket ShareProperty RegistrationsDevelopersReal Estate NewsJan 01, 2025
The demand outlook for real estate in Mumbai remains strong, with a significant increase in property registrations and a robust launch pipeline.
Major real estate developers expected to gain market share in Mumbai include Macrotech Developers (Lodha), Oberoi Realty, and Godrej Properties.
In December 2024, Mumbai registered 12,418 units, marking a 1 per cent increase year-on-year.
The growth in the Mumbai real estate market is driven by factors such as economic growth, urbanization, favorable government policies, and the launch of new projects with affordable financing options.
The total value of property registrations in Mumbai from April to December 2024 was estimated at Rs 1.56 trillion.
The reserve price for the property is set at ₹805 crore, reflecting its high potential for premium projects in this sought-after location.
Mumbai, known for its premium real estate, is home to some of the largest landowners in the country. A survey by the Slum Rehabilitation Authority (SRA) reveals that these top landlords own around 20% of the total land in the city. Here's a closer look at
The latest report from Knight Frank highlights a 5% increase in property registrations in Mumbai during November. This positive trend indicates a steady demand in the real estate market, despite ongoing economic uncertainties.
The recent budget and RBI's measures have exempted the middle-income group (annual income under Rs 12 lakh) from income taxes and reduced borrowing rates. This is expected to significantly boost the real estate market, particularly for middle-income home
The journey towards making business easier in India, especially at the grassroots level, is far from over, as highlighted by Niranjan Hiranandani, a prominent figure in the real estate sector.
Reena Dutta, the ex-wife of Bollywood superstar Aamir Khan, has been reported missing from a high-profile reunion event for the iconic film Lagaan. The event, organized by real estate magnate Rasesh Kanakia, was held in Mumbai and was expected to bring to