PropEquity's recent report provides insights into the latest real estate market trends, including home prices and sales patterns in key Indian cities such as Pune, Mumbai, and Bengaluru.
Real EstateProperty PricesPropequityPuneBengaluruReal Estate PuneApr 14, 2025
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The weighted average price of new launches in Pune has breached the Rs 10,000 per square foot mark, according to PropEquity's report.
Mumbai's real estate market has seen a steady rise in property prices, particularly in suburban areas, with a high demand for affordable housing.
Bengaluru's real estate market has experienced a significant boost, with a rise in property prices and a higher turnover in the sale of new properties, driven by urbanization and the influx of IT companies.
The demand for housing in India is driven by factors such as urbanization, economic growth, and government initiatives, with a particular focus on sustainable and affordable housing.
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India's office market witnessed a record 19 per cent increase in gross leasing to 885.2 lakh square feet across eight major cities in 2024, according to real estate consultant Cushman & Wakefield (C&W).
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The Mumbai Metro Line 8 is set to revolutionize connectivity between the Chhatrapati Shivaji Maharaj International Airport (CSMIA) and the Navi Mumbai International Airport (NMIA), significantly reducing traffic congestion and boosting real estate development in the region.
The Maharashtra government has appointed 12 new officers to expedite the recovery of outstanding fines and dues imposed by the Maharashtra Real Estate Regulatory Authority (MahaRERA). These efforts are primarily focused on addressing the significant backlog in the Pune district and Mumbai, ensuring that real estate developers comply with the regulations and pay their dues.