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Mumbai’s Property Market Thrives Amid Festive Cheer: October 2024 Records a Significant Surge in Registrations

Mumbai’s Property Market Thrives Amid Festive Cheer: October 2024 Records a Significant Surge in Registrations

Overview of Mumbai’s Property Registration Surge Mumbai city (under BMC jurisdiction) experienced a robust increase in property registrations in October 2024. Approximately 12,929 properties were registered, contributing over INR 1,099 Crores in revenue, marking a 22% increase in registrations and a 32% rise in revenue compared to the same period last year. This boost aligns […]

MahaRERA’s New Mandates: Ensuring Broker Commissions, Buyer Protections, and Clarity in Real Estate Deals

MahaRERA’s New Mandates: Ensuring Broker Commissions, Buyer Protections, and Clarity in Real Estate Deals

Mumbai, Maharashtra: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has recently issued a series of critical directives designed to protect the interests of homebuyers, landlords, and real estate agents. These new orders address a range of issues, from ensuring timely brokerage payments to clarifying regulatory requirements for small plot developments and banking norms for landlords. […]

Looking Ahead: A Balanced Future for Indian Real Estate

Indian Real Estate 2024: A Focus on Sustainability and Growth

Sector Growth Amid Project Delays and Vacancy Reductions India’s real estate sector continues to show a promising outlook despite slower project completions. The recent report by Infomerics Ratings, titled “Indian Real Estate and Sustainability,” provides an in-depth look at the sector’s strengths, areas for improvement, and future trajectory. Notably, while construction has slowed slightly, vacancy […]

Signature Global Awards ₹1203 Crore Contract to Capacit’e for Iconic Titanium SPR Project in Gurugram

Signature Global Awards ₹1203 Crore Contract to Capacit’e for Iconic Titanium SPR Project in Gurugram

New Landmark for Luxury Living in Gurugram’s Sector 71 New Delhi, 27th October 2024: Signature Global, a leading real estate developer in India, has awarded a substantial construction contract worth ₹1203 crore to Capacit’e Infraprojects Limited for its ambitious Titanium SPR project in Gurugram’s Sector 71. Set to redefine premium living standards, this project is […]

Macrotech Developers Set to Launch 8 Million Sq. Ft. of Residential Space Worth ₹10,000 Crore in H2 FY25

Macrotech Developers Set to Launch 8 Million Sq. Ft. of Residential Space Worth ₹10,000 Crore in H2 FY25

Real estate giant Macrotech Developers expands its footprint across key markets amid record sales growth with new launches planned in Mumbai, Pune & Bengaluru. Record Expansion Plans Macrotech Developers Ltd, a prominent player in India’s real estate sector has unveiled ambitious plans to launch nearly 8 million square feet of residential space in the second […]

India’s Industrial and Logistics Real Estate Market Shows Record Growth Amid 3PL and Manufacturing Demand

India’s Industrial and Logistics Real Estate Market Shows Record Growth Amid 3PL and Manufacturing Demand

Resilient Growth Driven by 3PL and Manufacturing Sectors India’s industrial and logistics real estate sector showcased remarkable strength in the July-September quarter of 2024, bolstered by robust demand in third-party logistics (3PL) and manufacturing sectors. As per industry analysis, this uptick in demand has translated into substantial absorption rates, positioning India as a significant player […]

Delhi-NCR Pollution Crisis: Real Estate Sector Faces New Challenges Amid GRAP 1 Implementation

Delhi-NCR Pollution Crisis: Real Estate Sector Faces New Challenges Amid GRAP 1 Implementation

Rising Pollution Levels Prompt Action from Industry Bodies As pollution levels in the Delhi-NCR region reach alarming heights, real estate associations Naredco and Credai have issued critical advisories to their member developers in light of the Stage 1 restrictions imposed under the Graded Response Action Plan (GRAP). With the Air Quality Index (AQI) recently recorded […]

Delhi-NCR Set for Housing Boom: Over ₹1 Lakh Crore in Projects Ahead of Diwali

Delhi-NCR Set for Housing Boom: Over ₹1 Lakh Crore in Projects Ahead of Diwali

Exciting Developments Post-Elections Fuel Market Growth This festive season, Delhi-NCR is poised for a remarkable surge in housing projects, with developers ready to launch over ₹1 lakh crore worth of new initiatives. The recent conclusion of the Haryana elections has cleared the path for major real estate players to unveil their ambitious plans, coinciding perfectly […]

Luxury Living in Demand: ATS Homekraft Sells Out First Phase of 'Sanctuary 105' on Dwarka Expressway

Luxury Living in Demand: ATS Homekraft Sells Out First Phase of ‘Sanctuary 105’ on Dwarka Expressway

Gurugram’s Real Estate Market Sees Resurgence as Buyers Flock to Affordable Luxury Homes In a remarkable testament to the growing demand for luxury housing, ATS Homekraft has successfully sold all 340 units in the first phase of its latest project, ‘Sanctuary 105,’ located along the Dwarka Expressway in Gurugram. This impressive feat, achieved within a […]

New Phase of PMAY Launched: Understanding the Rules and Benefits of Credit Linked Subsidy Scheme

New Phase of PMAY Launched: Understanding the Rules and Benefits of Credit Linked Subsidy Scheme

Government Initiative Aims to Boost Affordable Housing The second phase of the Pradhan Mantri Awas Yojana (PMAY) has recently been launched, designed to provide financial assistance to eligible individuals through the Credit Linked Subsidy Scheme (CLSS). This initiative aims to make home loans more affordable, helping more citizens achieve their dream of homeownership. However, many […]