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Premium Home Demand Fuels 5% Surge in Housing Sales Across Major Indian Cities

Premium Home Demand Fuels 5% Surge in Housing Sales Across Major Indian Cities, Knight Frank India Reports Record Q3 Sales Despite Mixed Market Trends

Housing sales in eight major Indian cities experienced a robust 5% year-on-year increase during the July-September 2024 quarter, totaling 87,108 units, driven primarily by a strong demand for premium homes, according to the latest report from Knight Frank India. This report, unveiled during a virtual press conference on Thursday, highlights a significant growth trajectory in […]

Electric Vehicle Sales Surge: A 25% Increase in September

Electric Vehicle Sales Surge: A 25% Increase in September, Record Registrations and Market Growth

In September, electric vehicle (EV) sales in India experienced a remarkable 25% year-on-year increase, with a total of 149,000 registrations. This marks a significant rise from 119,000 EVs registered in September of the previous year, and a slight increase from 147,000 in August 2024. The first half of the current fiscal year (April-September) has shown […]

India's Office Market Soars: 2024 on Track for Record-Breaking Leasing Activity

India’s Office Market Soars: 2024 on Track for Record-Breaking Leasing Activity, Robust Growth in Q3: Leasing Hits 19.89 Million Sq. Ft

MUMBAI, 02 OCTOBER 2024: India’s office market is experiencing unprecedented growth, with gross leasing activity reaching a staggering 53.43 million sq. ft in the first three quarters of 2024, according to a recent report by JLL. The numbers indicate a strong trajectory, setting the stage for an anticipated total of 70 million sq. ft by […]

~Real Estate Boom: Institutional Investments Surge 45% in Q3 2024, Record Growth Driven by Demand for Premium Homes and Offices~

Record Growth Driven by Demand for Premium Homes and Offices

Institutional investments in Indian real estate experienced a remarkable 45% increase, reaching nearly USD 1.15 billion in the third quarter of 2024. This surge, detailed in a recent report by Colliers, reflects the strong demand for premium residential and office spaces, as investors capitalize on emerging market trends. Investment Breakdown: Offices Lead the Charge Colliers’ […]

Indian IT Sector’s Surge in Fresher Hiring Set to Boost Real Estate Market

Indian IT Sector’s Surge in Fresher Hiring Set to Boost Real Estate Market

IT Sector Drives Fresh Talent Recruitment, Fueling Real Estate Growth The Indian IT sector is set to double its fresher recruitment in FY25, marking a significant recovery from a subdued FY24. Industry experts expect over 150,000 freshers to join the workforce, driven by large deal wins and increasing demand in key sectors like banking, financial […]

From Slums to Success: The Inspiring Journey of Rizwan Sajan, Dubai's Richest Indian

From Slums to Success: The Inspiring Journey of Rizwan Sajan, Dubai’s Richest Indian

A Beacon for Aspiring Entrepreneurs Rizwan Sajan, the wealthiest Indian residing in Dubai, stands as a testament to perseverance and entrepreneurial spirit. His remarkable journey from the impoverished slums of Mumbai to a lavish mansion in Emirates Hills, complete with a collection of luxury cars, serves as an inspiration for millions of aspiring business leaders. […]

SEBI Introduces Stricter Rules for Futures and Options to Protect Retail Investors

SEBI Introduces Stricter Rules for Futures and Options to Protect Retail Investors, New Regulations Aimed at Enhancing Market Stability

In a significant move to safeguard retail investors from potential losses, the Securities and Exchange Board of India (SEBI) announced new regulations regarding Futures and Options (F&O) on October 1. The circular highlights several key changes, including an increase in contract sizes for index derivatives and limitations on weekly expiries, set to take effect in […]

Retailers Demand Ban on Chinese Smartphone Brands Amid Anti-Competitive Allegations

Retailers Demand Ban on Chinese Smartphone Brands Amid Anti-Competitive Allegations

Calls for Action to Protect Local Businesses and Ensure Fair Trading Practices Mobile retailers across India are intensifying their demands for the central government to prohibit Chinese-owned smartphone brands—specifically iQoo, Poco, and OnePlus—from operating within the country. The All India Mobile Retailers Association (AMIRA), which represents over 1.5 million mobile retailers, has cited concerns over […]

U.P. RERA Breaks Records with 37 New Project Registrations in September

U.P. RERA Breaks Records with 37 New Project Registrations in September, Unprecedented Growth in Real Estate Development Across Uttar Pradesh

In a landmark achievement, the Uttar Pradesh Real Estate Regulatory Authority (U.P. RERA) has issued registration certificates for 37 new projects in September 2024, marking the highest number of registrations in a single month. Among these, 27 projects are residential, 7 are commercial, and 3 are mixed-use developments. Distribution of Projects by District The majority […]

Mumbai Property Market Hits New Heights: Over 100,000 Registrations in September 2024

Record Growth Signals Strong Buyer Confidence and Economic Recovery Mumbai, October 1, 2024 – In a remarkable turnaround for the real estate sector, Mumbai has recorded over 105,608 property registrations in the first nine months of 2024, marking a 12% increase year-on-year (YoY). This surge has contributed more than INR 8,877 crores to the state […]