Tier-II & Tier-III cities set to generate ₹10 lakh crore real estate growth by 2030. Raipur, Salem, Aurangabad lead transformation. Infrastructure, affordability drive investor interest in emerging markets.

Maharashtra has shattered national records by becoming India's first state to achieve 100% PMAY target completion - sanctioning 30 lakh homes and investing ₹80,000 crore in transforming lives across the state.

TCS takes 10.18 lakh sq ft in Hyderabad’s IT hub for ₹4.3 crore per month, signaling bullish confidence in the city's commercial market.

HDFC Bank has secured 2.72 lakh sq. ft. in Andheri East for an annual rent of ₹77 crore, reinforcing Mumbai’s commercial real estate growth. The 10-year lease in R Square by Runwal Realty includes a 15% rent hike every 3 years and ₹116 crore security deposit.

The Union Cabinet, headed by Prime Minister Narendra Modi, has authorised 12 new industrial smart cities in 10 states to boost India's industry. This initiative, investing ₹28,602 crore, aims to generate 40 lakh jobs and boost industrial capacities in the nation.

To promote affordable housing in India, the government has quadrupled the financial allocation to ₹10 lakh crore under the PMAY Urban 2.0 scheme. This extra funding is intended to boost affordable housing, especially for individuals relocating to cities for better jobs.

Bandhan Bank will sell its ₹775-crore affordable house loan portfolio to Avenue Capital-backed Arcil for ₹280 crore. A planned cash transaction by the bank addresses financial challenges for low-income households struggling to repay housing loans of ₹10-12 lakh.

Roha Realty and Sabari Group are partnering to revolutionise luxury living in Chembur with sustainable homes and modern facilities. This joint venture contains a 6 lakh sq-ft real estate project with a Rs 1000 crore revenue target. The project will begin in Q1 FY 24-25.

Springer Nature Group, a global research publisher based in Germany, has leased 1.1 lakh square feet of office space in Pune for 10 years at a total rental cost of roughly Rs 140 crore.

Nucleus Office Parks, the operational platform for Blackstone Group's fully-owned office parks, has leased approximately 7.50 lakh sq ft in commercial projects so far in 2022 across its pan-India portfolio, which is estimated to produce rental income of over INR 1,100 crore yearly.

The remarkable Il&FS building in BKC, Bandra East with a total leasable space of around 4.5 lakh square feet has been sold to Brookfield.

A 10,000-square-yard plot was recently sold for a stunning Rs 250 crore, or Rs 2.5 lakh per square yard, according to Ahmedabad real estate industry insiders.