Real Estate News

Mumbai, Dec 18: Driven by strong growth and political stability, real estate institutional investments in India reached historic high levels at $8.9 billion across 78 deals in 2024, surpassing the previous 2007 record by 6 per cent ($8.4 billion), a report showed on Wednesday.

New Delhi, Dec 16: After witnessing a bumper growth in 2024 across residential, office and industrial domains, 2025 is likely to be a year of consolidation and continued innovation for the Indian real estate sector, a report showed on Monday.

Mumbai, Dec 6: More than 3 lakh homes worth Rs 510,000 crore across 485 million square feet are expected to be sold by the end of this year, according to a new report.

New Delhi, Nov 26: The Indian real estate sector is set to cross $4.8 trillion in market size by 2047, contributing over 18 per cent to the projected $26 trillion GDP target for the year, according to a joint report by real estate body CREDAI and Ernst & Young released on Tuesday.

New Delhi, Nov 25: The real estate sector should look at a greater formalisation that will help the industry grow faster along with adopting better construction techniques to combat pollution, Union Commerce and Industry Minister, Piyush Goyal, said on Monday.

Mumbai, November 14: India's construction costs have risen by up to 11 per cent across residential, commercial, and industrial segments in 2024, says a report by Colliers.

Mumbai, Nov 11: The conversion time to buy a property in India came down to 26 days on average in the first half this fiscal (H1 FY25) against the highest peak of 33 days in FY 2021, as housing emerges as most-preferred investment option amid rising disposable incomes and robust economic activity in the country, according to a report on Monday.

New Delhi, Oct 28: A majority of homebuyers in India expects property prices to rise by 6-15 per cent over the next 12 months, citing capital appreciation and rental yields as key motivators, according to a report on Monday.

Mumbai, Oct 18: Real estate remained the most preferred asset class for investment among 59 per cent of Indians in the first half this year, as 57 per cent of investors said they are buying premium properties to earn rental income, driven by surging rental rates in cities, according to a report on Friday.

New Delhi, Oct 15: The Indian housing market saw over 225,000 units being sold during the first nine months of the year, demonstrating strong performance in absolute terms, according to a new report.

New Delhi, October 14: Total equity investments in the real estate sector mark a record USD 8.9 billion during the first nine months of 2024, reflecting a 46 per cent year-on-year (Y-o-Y) growth, surpassing the USD 7.4 billion recorded for the entire year of 2023, according to CBRE South Asia report.

New Delhi, Oct 14: India saw 25 deals worth $1.3 billion in the real estate sector in the July-September period (Q3), maintaining strong deal volumes and marking an all-time high in deal numbers and second-highest values since Q2 2023, a report showed on Monday.

Mumbai, Oct 10: Top eight listed real estate developers in India have reduced their net debt by over 54 per cent in the first quarter of current fiscal (FY25) from the previous peak in FY19, a report showed on Thursday.

Mumbai, Oct 5: The real estate sector in India is the second-largest employer after the agriculture sector and the phenomenal growth with an 18.7 per cent compound annual growth rate (CAGR) makes the sector ripe to become the largest employment generating sector and a hub for young talent, industry leaders said on Saturday.

Mumbai, Sep 26: After a two-year bull run, residential real estate activity across top cities stabilised in the third quarter (July-September) this year, reaching more that 1.07 lakh units, a report showed on Thursday, adding that the lull was due to monsoon and perceived inauspiciousness (the 'shraad' period).

New Delhi, Aug 26: Amid a boom in the residential property market, average housing prices in eight Indian cities witnessed a steady 3 per cent growth (on-quarter) in the April-June period, a report showed on Monday.

Mumbai, Aug 23: The financial capital recorded a significant increase on the international index in the second quarter this year -- ranking second in terms of annual price growth as a reflection of the surge in residential demand in the city, especially for prime properties, a report showed on Friday.

New Delhi, July 31: Amid rising disposable incomes and stupendous economic growth, housing demand in India is now heavily tilted towards the luxury housing segment and Delhi-NCR saw a 45 per cent rise in luxury segment sales in the January-June period, a report showed on Wednesday.

New Delhi, July 23: Real estate stocks fell after Finance Minister Nirmala Sitharaman on Tuesday proposed to eliminate the indexation benefit on calculating long-term capital gains tax (LTCG) on real estate.

Mumbai, July 21: India saw more than 54 new land deals for over 1,045 acres in the real estate sector in the first half of this year, against 46 deals for nearly 950 acres in H1 2023, a report showed on Sunday.

New Delhi, July 19 : Aligned with the continuous momentum in the real estate industry, the sale of houses costing Rs 4 crore and above went up 27 per cent in the first half of this year.

Mumbai, July 17: Private equity (PE) investments in the Indian real estate sector surged 15 per cent (year-on-year) to $3 billion in the first half this year, from $2.6 billion in H1 2023, a report showed on Wednesday.

Mumbai, July 14: The last decade has seen homebuyers' wait for possession in large under-construction projects in the top cities reduce to 4.9 years, from 6.1 years in the 2010-2019 period, a report showed on Sunday.

New Delhi, July 14: Keeping up with the growth momentum in the Indian real estate industry, the domestic investors pumped in around $638 million (more than Rs 5,327 crore) in the real estate sector in the second quarter this year, from $127 million in the same period last year.

New Delhi, June 30: As India remains a resilient economy amid global headwinds, Mumbai and Delhi experienced robust annual growth in prime residential property prices among the top 44 cities worldwide in the first quarter (Q1 2024) this year.

Mumbai, June 27: Residential sales across top seven cities in India tamed down marginally in the second quarter this year, amid increasing property prices and a high base record of the previous quarter.

Mumbai, June 18: A surge in housing supply resulted in a nearly 50 per cent drop in rental price growth in top cities in the second quarter this year (to date) -- registering a 2-4 per cent quarterly rise which is down from 4-9 per cent in the first quarter this year, a report showed on Tuesday.

Mumbai, May 23: The unsold home inventory in Delhi-NCR declined by a massive 57 per cent in the last five years, from nearly 2 lakh units in the first quarter of 2018-end to around 86,420 units by Q1 2024, a report showed on Thursday.

Mumbai, May 20 : Real estate sector in India is in a booming stage. As per The Knight Frank-NAREDCO Real Estate Sentiment Index Q1 2024 (January-March) report, the Current Sentiment Index Score jumped to 72, compared to last quarter's 69, setting a decadal high.

Gurugram, Feb 25: The Real Estate Regulatory Authority (RERA) of Gurugram has asked the defaulter promoters to file Quarterly Progress Report (QPR) and Annual Audit Report (AAR) without further delay to avoid �EUR�drastic�EUR� action.

Gurugram, Feb 17: In a strong message to the promoter of affordable housing projects of Mahira Homes, Real Estate Regulatory Authority (RERA) Gurugram has asked it to deposit deficit amounts or face revocation of its projects.

Gurugram, Feb 17: In a strong message to the promoter of affordable housing projects of Mahira Homes, Real Estate Regulatory Authority (RERA) Gurugram has asked it to deposit deficit amounts or face revocation of its projects.

Gurugram, Feb 14: Gurugram Real Estate Regulatory Authority (RERA) Chairman, Arun Kumar on Wednesday inspected the sites of ten real estate projects which are yet to be completed.

Gurugram, Jan 10: With excellent connectivity to other important cities of NCR, New Gurugram is fast becoming a hot spot for property buyers.