India Property Market News - Latest Updates & Headlines
India's luxury real estate market booms with demand surge from high-net-worth individuals, NRIs: Report
New Delhi, March 24: India's luxury real estate market is witnessing rapid growth, driven by strong demand from high-net-worth individuals (HNWIs), non-resident Indian (NRI) investors, and domestic buyers looking to invest in premium properties.
India's real estate developers opened investment opportunity worth Rs 62,000 cr: Report
Mumbai, March 12: Real estate developers across India embarked on an ambitious expansion drive, acquiring 2,335 acres of land valued at a staggering Rs 39,742 crore in 23 key cities during 2024, according to a JLL report released on Wednesday.
Flex space captures 20% of India's gross leasing in 2024, hits record 15.3 mmt: JLL
Mumbai, February 17: The flex space segment has emerged as the second-biggest contributor to India's office leasing market in 2024, capturing 19.8 per cent of the annual gross leasing activity and setting a new record of 15.3 million sq. ft, according to JLL.
Average deal size in India's commercial market up by over 10 pc in 2024
New Delhi, Jan 11: Average deal size for commercial market across leading eight markets in India increased by 10.24 per cent — from 37,976 square feet in 2023 to 41,867 square feet in 2024, according to a report on Saturday.
59 ultra-luxury homes sold in India for Rs 4,754 cr in 2024, 17 deals worth over Rs 100 cr
Mumbai, Jan 9: India saw the sale of 59 ultra-luxury homes priced above Rs 40 crore at a total value of Rs 4,754 crore last year, a 17 per cent increase from 2023, according to a report on Thursday.