Real estate services startup, Justo Realfintech, has signed developer mandates of over Rs 1,400 crore in the first two months of Financial Year 2024-25.
Justo RealfintechReal EstatePuneThaneDeveloper MandatesReal Estate PuneJun 13, 2024
Over Rs 1,400 crore
Pune and Thane
650 units
Rs 8,000 crore
Hyderabad, Bengaluru, rest of Maharashtra, and Dubai
Tier 2 cities are emerging as major contributors to India's real estate growth
The West Bengal government has withdrawn temporary relief measures for the real estate sector, including a 2% stamp duty reduction and 10% circle rate cut, effective July 1, 2023.
The Maharashtra Real Estate Regulatory Authority has directed Aurangabad Holiday Resorts to pay interest to a homebuyer for delaying possession of a flat in their Jubilee Park project.
With urban growth in India showing no signs of slowing down, real estate and related sectors are witnessing a golden era of opportunities. Tier 2 and tier 3 cities are emerging as new hubs, complementing the established markets of Mumbai, Delhi, and Benga
Private equity investment in the Indian real estate sector surged to USD 2.2 billion (INR 186 billion) in Q3 2024, marking a 93% growth year-over-year and doubling the investment volume from the same period last year.
India's luxury housing market, defined as properties priced at INR 4 crore and above, has witnessed a remarkable 37.8% year-on-year growth from January to September 2024.