Despite economic fluctuations, luxury housing in Mumbai continues to witness strong demand. Key drivers include the development of modern infrastructure, townships, and green spaces, which are redefining the concept of luxury living.
Luxury Real EstateModern InfrastructureIntegrated TownshipsGreen SpacesSustainable LivingReal Estate NewsFeb 22, 2025

The key drivers include the development of modern infrastructure, the rise of integrated townships, and the inclusion of green spaces in urban planning.
High-speed roads, improved public transport, and advanced utilities are making it easier for residents to navigate the city, reducing travel times and enhancing connectivity.
Integrated townships are large, self-contained communities with a wide range of amenities and services within a single area, reducing the need to travel outside for daily activities.
Green spaces enhance the aesthetics of the community, contribute to better mental and physical health, and are a response to growing environmental concerns.
Developers are implementing green technologies such as solar panels and rainwater harvesting systems to reduce the environmental impact of their projects and attract eco-conscious buyers.

The real estate sector is hoping for a boost from the new government, with fine-tuning of RERA, industry status, and a relook at GST on under-construction homes topping the agenda.

The Ministry of Statistics & Programme Implementation (MoSPI) recently organized a brainstorming session to improve response to surveys from high-income groups and gated societies.

Senior lawyer and former Rajya Sabha MP Mahesh Jethmalani has strongly criticized the indictment against the Adani Group in the United States, stating that there is no allegation of bribery in India and the case is speculative and lacks evidence.

Analysts are optimistic about the future performance of HUDCO, Anant Raj, and other key stocks in the real estate and manufacturing sectors. The target price for HUDCO is set at Rs 900 to Rs 950 per share, expected to be achieved within the next 12-18 mon

Vishal Garg, the founder and CEO of Better.com, has announced the shutdown of the company's real estate unit, leading to significant layoffs. This decision comes amidst a challenging period for the mortgage industry.

The Mumbai real estate market is entering a phase of stability, a positive sign for developers, investors, and homebuyers alike. According to Prashant Sharma, President of NAREDCO Maharashtra, the market is showing promising signs of recovery and growth.