New supply of housing properties in India's top-9 cities declined 34 per cent to 80,774 units during January-March period, according to PropEquity. There were 1,22,365 housing units launched in the year-ago period.
Real estate data analytics firm PropEquity data showed that new supply rose only in Bengaluru and fell in other cities.
India’s real estate market has witnessed a transformative surge over the past decade, driven by a growing economy, rapid urbanisation, and evolving consumer preferences. Amidst global economic uncertainties, India has become a beacon of stability and growth for real estate investments. Non-resident Indian (NRI) real estate investment in India is a powerful opportunity combining profitable returns with an emotional connection to their roots.
For the first time in nine years, the Uttar Pradesh Stamp and Registration Department is considering a 20% to 70% increase in circle rates, set to take effect on April 1. The proposed hike for high-rise apartments in Noida is expected to be 20%, while Greater Noida may see an increase of up to 30%. Circle rates for agricultural land are also set to rise, with Jewar experiencing a 70% increase, Greater Noida rising by nearly 50%, and Noida by 40%.
In the vibrant landscape of Delhi-NCR, the luxury real estate market is experiencing a remarkable renaissance, capturing the attention of affluent buyers and investors alike. With over 34% of homes currently listed for sale priced at Rs 10 crore or more, the region has firmly established itself as a premier destination for those seeking opulent living spaces that cater to their refined tastes and aspirations.
Branded homes in India have become an increasingly appealing investment option, driven by growing demand from high-net-worth individuals (HNIs) and aspirational buyers. Over the last decade, the number of branded residential projects has expanded by 160 per cent and the market is on track to reach $5 billion by 2025.
India’s office sector is expected to maintain its strong growth momentum in 2025, which is likely to be driven by resilient economic fundamentals, a firm employment outlook, readily available talent pool, and favourable government policies, including relaxation of SEZ denotification norms, boosting occupiers’ confidence in expanding their real estate portfolios, according to a CBRE report.
In a significant move, the urban planning department of the Chandigarh administration has approved the layout and zoning plan for the MC's land to develop a housing society in Manimajra. The MC aims to earn Rs 250 to 300 crore by auctioning this prime land. The civic body authority will now proceed to finalise the terms and conditions, and related aspects to maximise revenue from the land disposal.
The Bruhat Bengaluru Mahanagara Palike (BBMP) will now use artificial intelligence to deliver property documents to the doorstep and to identify illegal constructions, Karnataka Deputy Chief Minister DK Shivakumar announced on Monday.
According to Vestian’s latest report, the warehousing & logistics (W&L) sector received investments worth USD 1.96 Bn, accounting for 29% of the total institutional investment garnered in the real estate sector in 2024. Investment inflows surged to 203% year-on-year, driven by the growing demand for warehouses amid the rapid expansion of the quick commerce sector.
On an early March morning, Jamshed Ahmed, a builder and co-owner of Gurgaon-based J3 Design Expansion, gears up to visit his latest project. The housing development project in Gurugram has 10 flats valued at around Rs 1 crore each, but Ahmed, who has been in the construction and real estate industry since 2010, is worried about selling them.
