Luxury housing sales record 28% Y-o-Y growth across top seven cities in Q1 2025
India’s luxury housing market continued its upward momentum in the first quarter of 2025, with sales of high-end homes—priced at Rs 4 crore and above—rising nearly 28% year-on-year across the top seven cities. A total of around 1,930 units were sold during the quarter, up from 1,510 units a year ago. Delhi-NCR dominated with a…
READ MOREOffice leasing in India’s top 7 cities up 15% in Q1 2025
India’s office market started strong in 2025 with gross leasing in the top seven cities up 15% year-on-year to 15.9 million sq ft in Q1, riding strong demand for Grade A spaces, according to a research by a real estate consultancy firm.Bengaluru and Delhi-NCR led leasing activity, accounting for roughly half of all transactions and…
READ MOREFramework for Global Capability Centres to boost real estate demand in emerging cities
Indian government’s announcement to formulate a national framework as guidance to states for promoting Global Capability Centres will help in demand for grade A office space and also for housing with talent pool moving near to GCC. GCC) has leased 24.9 million sq ft in 2024, almost triple from 9.1 million sq ft in 2022,…
READ MOREAlta Capital buys IndoSpace’s 2.5 million sq ft warehousing assets for Rs 840 cr
Investment and asset management firm Alta Capital has acquired over 2.5 million sq ft logistics built and fully-leased assets from IndoSpace in a deal valued at over $100 million or Rs 840 crore, said persons with direct knowledge of the development.This is one of the largest deals involving warehousing and logistics assets in India this…
READ MOREMerlin Group executing projects worth Rs 20,000 cr, revenue to double in 7-8 years
Merlin Group, Kolkata’s largest real estate developer, is currently executing projects worth Rs 20,000 crore, which are expected to double its annual revenue over the next 7-8 years, a senior official said on Monday. The announcement coincided with the unveiling of the company’s new brand identity. “We have been growing steadily year on year for…
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Ganpati decoration ideas 2024
Devotees, across India, wait for months for Ganesh Chaturthi to celebrate the arrival of Lord Ganpati. This year, Ganesh Chaturthi starts September 7, 2024 and the 10-day festival ends September 17, 2024. One of the key highlights of welcoming Lord Ganpati at home is the Ganpati decoration of the house and place of worship. In…
READ MOREUnsold housing stock up 24 per cent in top 7 cities, builders need 22 months to sell: Report
Unsold housing stocks across seven major cities have risen by 24 per cent since 2019 due to higher supply, but realty firms will take 31 per cent less time to sell these units because of high sales velocity, according to JLL India. In a report released on Thursday, real estate consultant JLL India said the…
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