New Delhi and Mumbai ranked sixth and seventh in Knight Frank's Prime Global Cities Index Q4 2024, while Bengaluru moved up to 13th, reflecting strong luxury housing demand.
India’s real estate market is set to double by 2047, reaching $5.8 trillion, up from its current contribution of 7.3% to GDP. Discover key growth drivers, investment trends, and future opportunities in the sector.
IBBI's amendments allow homebuyers to take possession of properties during insolvency, enhancing their role in resolution processes and ensuring smoother project completions.
The Karnataka government is set to propose two potential sites for Bengaluru’s second airport by February 17, aiming to meet the city's growing aviation needs.
Uttar Pradesh plans ₹50,000 crore investment in seven new expressways, adding 866 km to its road network to boost connectivity, trade, and regional development.
The Indian government’s FY26 Budget introduces tax incentives to attract offshore funds, ETFs, and NRIs to GIFT City, reinforcing its role as a global financial hub.
Hyderabad’s residential market saw steady growth in 2024, with a 13% rise in sales value despite a Q4 slowdown due to HYDRAA’s impact on buyer sentiment.
JSW Group is investing ₹1 trillion to build a 25-MT steel plant in Gadchiroli, Maharashtra, boosting employment, infrastructure, and India's steel production capacity.
Anamudi Real Estates LLP, a Godrej family firm, has acquired a 560 sq. m. land parcel in Mumbai’s Juhu for ₹80.83 crore, reinforcing investor confidence in the area.
Kochi's commercial real estate market is booming, with office space absorption reaching 17 million sq. ft. by 2024, driven by IT, research, and consulting firms. The city's residential sector is also expanding, fueled by employment growth and infrastructure development.