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Housing sales in top 9 Indian cities are expected to decline by 2% in the April-June quarter, with Mumbai being one of the most affected cities.
Homes priced above Rs 1 crore now dominate India's residential real estate market, accounting for 37% of the overall market share.
The company plans to explore the potential monetisation of non-core real estate assets located in prime areas, including Mumbai, Pune, and Vadodara.
Kalyani Developers has identified significant growth opportunities in the residential market and is now expanding its portfolio with new projects in Bengaluru and Hyderabad, focusing on delivering high-quality, value-driven homes.
Tribeca Developers, a prominent real estate firm, has partnered with co-living operator Housr to launch Trilive, a rental housing platform tailored for millennials and single individuals. This new platform aims to address the growing demand for affordable and flexible rental homes in bustling urban areas.
Blocksquare has entered into a groundbreaking agreement with Vera Capital to tokenize $1 billion worth of real estate assets across the United States, marking a significant step forward in the world of real estate investment and blockchain technology.