ICRA projects a steady growth trajectory for retail mall and commercial office leasing sectors in India, with increasing occupancy and rental income, despite challenges from digital retail and e-commerce.
India's growing expressway network has spurred real estate growth in emerging cities. With major developments like the Samruddhi Mahamarg, areas such as Nagpur are prime investment destinations.
Foreign institutional investments surged in 2024, with a notable rise in co-investments, signaling a shift toward collaboration in navigating economic challenges.
A recent report reveals gender disparity in India's real estate sector, with women representing only 7 million out of 71 million workers, highlighting challenges of unequal pay and underrepresentation.
In 2024, Bengaluru led India's office leasing market, reaching 21.8 million sq ft. The city's growth was driven by sectors like tech, GCCs, and BFSI, with demand for flexible workspaces increasing.
Stamp duty and registration revenue in Maharashtra reached ₹39,767 crore by December 2024, falling short of the annual target of ₹55,000 crore amid fiscal challenges.
The Indian property market grew steadily in 2024, recording 5.77 lakh residential transactions worth ₹4.03 lakh crore, driven by robust demand and new supply.
As the Indian stock market recovers from 2024's volatility, analysts highlight real estate stocks with strong growth potential driven by strategic projects and government support.
Hyderabad ranks as the second most expensive housing market in India, with residents spending 30% of their monthly income on home loan EMIs. Affordability challenges persist despite economic growth.
India's housing market is shifting, with Millennials and Gen Z set to dominate homeownership by 2030, driven by urbanization, tech, and sustainability.
India's real estate market is experiencing a surge in demand for premium properties, with property launches declining, leading to price increases.
Bengaluru’s rental market is witnessing a shift as new housing supply drives rent corrections in key areas. Tenants now benefit from competitive pricing, while landlords adapt to avoid prolonged vacancies.
In 2024, India's office leasing market achieved significant growth, with leasing activity reaching 66.4 million sq ft, a 14% YoY increase. Bengaluru led demand with 21.7 million sq ft, followed by Hyderabad and Mumbai.
Navi Mumbai's Airoli is experiencing rapid real estate growth, with its housing stock expected to reach 1.85 lakh units by 2030, driven by significant infrastructure developments. Key projects enhancing connectivity and affordability are propelling the demand for both residential and commercial properties in the region.
Magicbricks' 2024 report reveals key trends in India's real estate market, highlighting shifts towards tier-2 cities, lifestyle destinations, and rising demand for vastu-compliant homes.
Housing prices in India's top 30 Tier-II cities surged by up to 65%, driven by improved infrastructure, increased job opportunities, and rising demand for both premium and affordable housing.
Amaravati, Guntur, and Vijayawada are emerging as prominent residential destinations in South India in 2024, driven by affordability, infrastructure growth, and government initiatives. However, limited supply is pushing property prices higher in these cities.
Hyderabad's residential real estate market faces a 19-month inventory overhang due to slow absorption, primarily in the branded housing segment. However, with election-related delays behind, the market outlook for 2025 is positive, with developers focusing on affordable housing to meet demand.
The Indian real estate market is poised for significant growth in 2025, driven by strong demand and key developers like Prestige Estates and Signature Global. With a robust supply pipeline and impressive stock price performance, the sector is set to meet the growing demand for residential and commercial projects.
The Indian real estate sector is poised for significant growth in 2025, driven by regulatory reforms, investor confidence, and expanding asset classes, with a strong focus on Tier-II and Tier-III cities, industrial growth, and alternative segments. Technology integration and infrastructure advancements will further shape the sector's trajectory.
India's data centre sector is expanding rapidly, with significant investments driving growth in capacity and technological advancements. Key cities like Mumbai, Chennai, Delhi-NCR, and Bengaluru lead the growth, while Tier-II cities are emerging as new hubs for data centre projects.
India’s urbanization is accelerating due to increased rural-to-urban migration, driving growth in existing urban hubs and extending into peripheral areas. By 2030, 40% of India’s population, or 60 crore people, is expected to reside in urban centers.
A recent survey by Fracspace, a prop-tech startup, reveals that 48% of investors are attracted to fractional real estate ownership for the opportunity to earn passive rental income.
Vestian's report reveals that 60% of India's Grade-A office stock, valued at INR 4.5 lakh crore, is suitable for REITs, highlighting significant growth potential in the sector.
The Indian housing market continues to witness a rise in prices, led by strong demand, especially in Delhi NCR and Bengaluru. Despite the stability, unsold inventory levels are decreasing, and developers are adjusting strategies to cater to market demands.
India's residential real estate market in 2024 saw robust growth, with ₹4.26 lakh crore worth of homes sold in the first nine months, driven by demand for premium and affordable housing across key cities despite fluctuations in sales volume.
India's real estate sector is poised to surpass $4.8 trillion by 2047, driven by PropTech advancements and the growing demand for affordable housing. Strategic policy reforms and technological integration will play a crucial role in addressing challenges and driving sustainable growth.
India's real estate sector saw ₹34,985 crore in Q2 FY 2024-25 sales, with Godrej Properties leading. Branded developers continue to dominate as consumer demand shifts toward reliability and quality.
Mumbai and Delhi have emerged as top performers in Asia-Pacific's luxury real estate market, with significant price growth and strong investor demand
Colliers’ Asia Pacific Report: 2025 Global Investor Outlook reveals growing optimism among investors, with 68% of APAC respondents expecting regional economic growth to positively impact investments.
Khan Market in Delhi retains its position as the 22nd most expensive high street globally, with ₹19,000 per square foot annual rent, showcasing the growing demand for premium retail spaces in India.
In Q3 2024, BFSI and Flex Spaces drove 39% of office space absorption, with Bengaluru leading growth in leasing and completions, while Southern cities dominated the market share.
Magicbricks' Q3 2024 Rental Update highlights a 7.4% QoQ surge in rents across 13 Indian cities due to demand-supply imbalances, with average rents at INR 35.8 psf and gross yields at 3.62%.
Hyderabad leads in real estate growth with a 10% CAGR in residential launches and an 11% price rise in 2023. Its infrastructure investments and tech hub status fuel growth.
The National Capital Region (NCR) witnessed a 137% rise in housing prices from 2019 to 2024, driven by infrastructure growth, strong demand, and rising costs.
Construction costs in India rose by up to 11% in 2024, primarily due to rising labour costs and moderate price hikes in materials.
With a projected 300% growth by 2030 and the need for over 2.3 million senior living units, it presents a prime opportunity in India.
In Bengaluru's July-September 2024 quarter, 25,259 residential units were registered, with a sales value of Rs. 15,739 crore—a 15% decrease from last year.
A Knight Frank India survey reveals that 80% of potential homebuyers prefer home loans for property purchases, with key factors like location, size, and affordability influencing decisions.
Hyderabad's residential real estate market saw a 7% annual growth in transactions and a 20% rise in sales value during the July-September 2024 period.
Mumbai's real estate market witnessed significant growth during Diwali 2024, with property registrations reaching 11,861, a 21% increase from the previous year, and revenue soaring to ₹1,081 crore.
With 123 fresh issues (As of 20th October 2024) across multiple sectors, 2024 has already surpassed the total number of IPOs witnessed in 2023.
Hyderabad's real estate market is thriving in 2024, with over 59,000 homes sold for ₹36,461 crore in the first nine months, reflecting a 34% year-on-year increase in sales.
The Indian office market has demonstrated a remarkable recovery post-pandemic, with average rents surpassing pre-pandemic levels for the first time in 2024.
Institutional investments in India's real estate sector grew 41% year-on-year in Q3 2024, reaching USD 0.96 billion, with increased foreign investor participation driving commercial deals.
Mumbai's real estate market saw a 13% increase in property registrations and a 15% rise in stamp duty revenues during Navratri 2024, driven by stable interest rates, strong buyer sentiment, and demand for premium properties.
Housing prices in India’s top 10 cities surged by 88% between 2019 and 2024, with Gurugram seeing the highest increase of 160%.
In the September quarter, Mumbai's Metropolitan Region recorded 52,745 residential transactions, a 7% year-on-year increase, with a 10% rise in sales value to Rs. 48,409 crore, driven by strong demand across all price brackets.
India's commercial real estate market is experiencing significant growth in 2024, with office leasing projected to reach 70 million square feet, driven by global corporate expansions and rising demand for flexible workspaces.
The Indian real estate sector experienced a robust 45% year-on-year growth in institutional investments, reaching USD 1.1 billion in Q3 2024, driven by strong domestic and foreign capital.
India’s residential real estate market is seeing a positive shift in 2024, with inventory overhang dropping to 22 months in Q2, down from 34 months in 2023.
Hyderabad's skyline has rapidly transformed due to an unrestricted floor space index (FSI) policy, leading to a surge in high-rise projects, but rising costs and declining resale values are now slowing demand.
Housing sales in India's top seven cities dropped by 11% year-on-year in Q3 2024, with Mumbai, Bengaluru, and Pune leading in sales despite a decline in new launches. Property prices rose by 23% due to increased input costs and demand in premium segments.
The 10% surge in online home searches during India's festive season signals a strong recovery in the real estate sector, driven by attractive offers and a growing preference for ready-to-move-in homes.
India's real estate market is poised for massive growth, expected to reach USD 10 trillion by 2047, driven by urbanization, infrastructure, and demographic shifts.
In August 2024, Pune saw a 3% rise in property sales and a 40% increase in stamp duty collections, driven by growing demand for larger and premium homes.
Housing sales in India’s top nine cities are projected to decline by 18% in Q3 2024, with significant drops noted in cities like Hyderabad and Bengaluru, while the Delhi NCR and Navi Mumbai recorded increases.
Domestic firms are set to lease 60-65 million sq. ft. of office space in 2024-25, reshaping India's commercial real estate market and challenging the dominance of global corporations.
Strong investor confidence and ongoing infrastructure growth highlight India’s prominence and attractiveness in the global real estate market.
India’s indoor amusement sector currently operates around 6.6 million square feet across over 500 centers, with South India leading the market, notably Bengaluru, Hyderabad, and Chennai.
According to the Colliers-RICS report, Global Capability Centers (GCCs) are expected to contribute nearly 40% of the demand for Grade A office space in India over the next few years.
Office space transactions in India surged by 54% in the first half of 2024, driven by increased demand for large office spaces.
Bengaluru's real estate market saw significant growth in Q2 2024, with home sales totaling ₹19,631 crore, led by North Bengaluru's dynamic demand.
The adoption of flexible workspaces is accelerating, with over 80% of office occupiers planning expansion within the next three to five years, driven by hybrid work models, cost efficiency, and technological advancements.
In the first eight months of 2024, Mumbai led India's ultra-luxury real estate market, accounting for 84% of sales in properties priced above ₹40 crore.
The real estate sector in Uttar Pradesh is facing challenges with 378 stalled housing projects, affecting nearly 146,000 units across major cities like Noida and Greater Noida.
In the first half of 2024, India's hospitality sector attracted $93 million in investments, driven by growth in Tier II and III cities, with significant contributions from upscale hotels and greenfield projects.
Chennai, Ahmedabad and Kolkata emerge as the most affordable metros for residential investments in 2024, according to Magicbricks' report.
The SM-Reit framework, introduced by Sebi, is set to transform India's commercial real estate market by 2026, with $60 billion worth of office space becoming eligible for listing.
The rising demand for luxury properties in India is driving up home prices and making affordable housing increasingly scarce, as developers focus on high-end projects.
The Indian office leasing market has seen a surge in flex space adoption, now accounting for 12.7% of the market in 2024, driven by post-pandemic shifts, cost efficiency, and the rise of hybrid work models.
In the first quarter of FY25, India’s 21 major listed real estate firms achieved nearly ₹35,000 crore in sales, driven by strong demand in the luxury segment.
In Mumbai, property registrations by seniors aged 61 and above have surged by 204% from 2020 to 2024, driven by post-pandemic desires for larger, more comfortable homes.
Gujarat has experienced a significant 15% drop in housing loan borrowers in Q1 FY25, driven by rising interest rates, increased property prices, and shifting consumer sentiment.
India's Tier 1 real estate markets have achieved a significant transparency milestone, moving into the "transparent" tier of the Global Real Estate Transparency Index (GRETI) 2024.
Mumbai and New Delhi rank second and third in Knight Frank's Global Property Price Index, highlighting their significant real estate price increases.
Affordable housing demand in Mumbai is rising, especially in the MMR's peripheral areas, driven by government support and improved infrastructure.
India's cement industry is set for a major transformation with a planned ₹1.25 lakh crore investment over FY25-27, marking a 180% increase in capital expenditure.
At CREDAI Telangana Statecon 2024, Minister Uttam Kumar Reddy spotlighted Hyderabad's rapid rise as a top real estate investment hub.
The 2024 GROHE-Hurun India Real Estate 100 report reveals a booming real estate sector in India, with the top 100 companies collectively valued at ₹14.2 lakh crore.
Delhi-NCR attracted $633.3 million in real estate investments during the first half of 2024, with significant inflows into office spaces and luxury residential segments.
Lucknow has emerged as the leading Tier 2 city in India for shopping centre space, with a significant gross leasable area of 5.7 million square feet.
The stalling of housing projects across India is a significant issue that is affecting both Tier 1 and Tier 2 cities.
Occupier demand for green-certified office spaces in India is rapidly growing, with 82% of Q2 2024 leases in top cities being in such buildings.
The Indian real estate market has seen a substantial rise in apartment sizes over the past five years, with the National Capital Region (NCR) leading with a 96% increase.
Ahmedabad's status as India's most affordable housing market highlights its effective urban planning and commitment to accessible housing.
The Comptroller and Auditor General (CAG) criticized the Indian Railways for a ₹835 crore loss due to a flawed land development decision in Bandra East, Mumbai.
India Secures 5th Spot in in Cross-Border Real Estate Investments, Captures 9% in H1 2024: Knight Frank
Key Value Creation Opportunities in APAC & India: Flex Spaces and Sustainability Leading the Way
Delhi-NCR Real Estate Market: Affordable Housing Sales Share Dips to 24% in H1 2024, Luxury Sales Touch 45%
India's Real Estate Market Sees $2.77 Billion Investment Surge in Q2 2024: Cushman & Wakefield Report
Colliers Q2 2024 APAC Cap Rates Report: Office Sector Leads Cap Rate Movements; Retail Sector Shows Improvement
Bengaluru Leads with 25% of India's Office Absorption in Q2 2024: Vestian Report
Millennials Redefine the Housing Market: Key Trends and Insights from NoBroker’s Report
Hyderabad's Property Market Flourishes in Q2 2024, Reaches ₹12,000 Crore in Registrations: Square Yards Report
