The increased demand for luxury properties in India can be attributed to the growing presence of NRI and astute investors in the real estate market.
Luxury HousingIndian Real EstateDelhi NcrMumbaiHyderabadReal Estate PuneJul 18, 2024
27% increase in sales compared to the same period last year
Delhi-NCR with sales of around 3,300 units, a 13.8% Y-o-Y increase
The growing presence of NRI and astute investors in the real estate market, as well as affluent buyers seeking enhanced amenities and more spacious living areas
Mumbai, Pune, and Hyderabad, capturing a significant cumulative share of 64% in January to June 2024
The mid and high-end housing categories are expected to remain the primary drivers of India's residential market, with a trend towards urban peripheries for these housing segments
A 25-year-old property dispute between a private individual and the management of a 93-year-old school in Bengaluru took a dramatic turn when a group of people demolished the compound wall of the school and allegedly encroached on the campus.
The residential real estate market remains a profitable investment opportunity due to strong demand and high rental rates. Among the top 13 cities, the average rental yield stands at 3.6%, with Ahmedabad, Pune, and Kolkata showing the highest rental yield
The Indian real estate sector is expected to play a crucial role in the country's economic growth over the next few decades, with a projected transformation worth USD10 trillion by 2047.
Bollywood stars Sunil Shetty and his son Ahan Shetty have made a significant investment in Mumbai's property market by acquiring a 1,200-square-foot property in Khar West (Bandra) through a bank auction. This purchase is part of a broader trend of celebri
I&B Minister Ashwini Vaishnaw highlighted four key challenges faced by the media and press today: 1. Fake news and disinformation, 2. Fair compensation by platforms, 3. Algorithmic bias, and 4. Impact of AI on Intellectual Property.
Suraj Estate Developers, a notable player in the construction and real estate sector, has been given a 'Hold' rating by MarketsMojo. The company’s strong financial performance, including a 20.50% ROCE and significant profit margins, underscores its manage