Luxury Apartments Dominate 2024 Sales Record: JLL Report
According to JLL’s most recent report, India’s residential real estate market hit a historic milestone in 2024 with 302,867 unit sales, an 11% year-over-year growth. This surge represents a 63% increase in annual sales for the post-pandemic period (2022-2024) compared to the average of the previous decade (2010-2019), reflecting a strong post-COVID shift towards homeownership […]
Booms in luxury real estate: 41% of all homes sold in India are now valued at more than Rs 1 crore
Driven by a strong economy and rising desire for opulent living, India’s residential real estate sector is booming. According to a recent Knight Frank research titled “India Real Estate: Residential and Office (January – June 2024),” sales of residential units increased significantly in the first half of 2024 (H1 2024) in all eight of India’s […]
In FY25, realtors increase investments and diversify their portfolios due to strong demand
Due to the increase in demand, major real estate companies including Prestige Estates Projects, Sattva, Sobha, Brigade Enterprises, Suraj Estate Developers, and Hiranandani Group are increasing their investments and portfolios. To meet demand and stay competitive, these companies have declared large portfolio expansions and investments in land banks. With a goal of achieving a gross […]