Demand for super luxury homes, each prices above Rs 40 crore, hit an all time high in 2024 with sales of 59 units for Rs 4,754 crore across top seven primary and secondary housing markets, according to Anarock. Real estate consultant Anarock data showed that ultra-luxury homes (priced above Rs 40 crore each) continued to…
Bengaluru: India’s rapid urbanization and infrastructure development are driving up land prices in key micro-markets, particularly with the growth of satellite townships across the country.This trend is especially noticeable in and around the Mumbai Metropolitan Region (MMR), Bengaluru, and the Delhi NCR. Efforts to reduce congestion in these cities and their surrounding areas have resulted…
Surendra Hiranandani led House of Hiranandani is looking to invest over Rs 12,500 crore to strengthen its development portfolio by around 10 million sq ft through a blend of acquisitions and greenfield projects to deepen its presence in Mumbai Metropolitan Region (MMR) in the next two years, said top officials of the company.With a luxury…
New Delhi: Housing prices in Delhi-NCR and Bengaluru appreciated 29 per cent year-on-year in the July-September quarter on strong demand, high input cost and an increase in the supply of luxury homes, according to Anarock. Real estate consultant Anarock’s data showed that the average prices of residential properties in Delhi-NCR increased 29 per cent to…
MUMBAI: Chennai, Ahmedabad, and Kolkata have emerged as the most affordable cities among the country’s top 10 property markets for residential investments in 2024, based on the ratio of property prices to annual household incomes (P/I ratio), a Magicbricks report showed.Mumbai Metropolitan Region (MMR) and Delhi are the least affordable. The Indian real estate market…
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