Mumbai accounted for the majority of ultra-luxury home sales last year
Indian real estate
Latest in Indian real estate
India
India’s luxury residential property market sees 23% price surge in H1 2024: Report
The January-June period saw sale of 235,200 units in the high-end segment
India
India’s top 7 cities see 11% drop in housing sales in Q3 2024
The decline comes after a 2-year bull run in India’s residential real estate sector
India
Real estate trends: Rental rates in top 7 Indian cities surge 72% in three years, outpacing capital growth in major areas
Areas in Delhi-NCR, Mumbai and Hyderabad saw the reverse trend – capital values appreciated more than the rental values
Indian real estate
India’s residential real estate prices surge by 90% in 5 years: Report
The past five years have also seen a massive infusion of new supply across the top 7 cities, with an addition of more than 1,63 million units
India
India’s real estate sector sees drop in land deals in Q2 2024 amid election uncertainty, soaring prices: Report
The South Indian city of Bengaluru topped the list with 9 land deals for 114 acres in Q2
Indian real estate
India real estate: House sales drop 8% in top 7 cities during Q2 amid demand slowdown
Data indicated that average residential prices have seen a quarterly jump of 7%
India
Rental price growth in India’s top cities slows by 50% as housing supply surges: Report
Increasing supply of housing units is said to be leading to softening of rental costs
Indian real estate
Sale of luxury homes in India triple in 5 years, affordable house sales plunges almost half to 20%: Report
The report reaffirms the recent market trend of luxury homes in India selling like hot cakes
India
Mumbai, Pune lead India’s residential real estate boom as Q1 sales hit all-time high
Average residential property prices across the top 7 cities have also increased significantly compared to Q1 2023
India
Housing sales boom in India’s commercial capital Mumbai despite rising prices: Study
Housing sales posted a robust 40% spike, while new launches registered a 27% jump last year, compared to 2022
Indian property developers
Indian property buyers eye off-plan projects as branded developers dominate the market: Report
The South Indian cities of Chennai, Bengaluru, and Hyderabad experienced the highest absorption of new launches
Indian property market
India real estate market records investment boom as NRIs cash in on Gulf economic growth
Industry insiders said there is a growing buzz around prospective partnerships between Indian and Dubai/UAE-based real estate companies for launching projects in India
Abu Dhabi
Indian real estate services major Anarock eyes major UAE, GCC expansion
It plans to enter into more business verticals in the real estate and property management services, either organically or through acquisitions in the region, armed with a $25 million cash chest raised in a fresh fundraising round early this week
commercial real estate
Office rent in top 7 Indian cities grew 7%: Report
The South Indian city of Chennai experienced the highest yearly jump in office rental values at 10 percent, followed by Hyderabad at 8 percent
India
Top Indian cities see up to 33% average hike residential prices in 3 years
Among the top 7 Indian cities, key areas in the IT-led cities Hyderabad, Bengaluru and Pune saw the highest surge in average prices
India
House rents skyrocket in India, hits up to 31% jump in 9 months of 2023
The rising rental costs also led to inching up of residential rental yields in the South Asian country, bringing investors back to the housing market