India’s material handling equipment market is projected to grow from $5.4B in 2023 to $8.7B by 2030. Discover how automation, IoT, and infrastructure growth are transforming warehouses and industrial operations across the country.

Residents of Trident Galaxy in Bhubaneswar accuse the developer of illegally occupying common areas, prompting legal action and a silent protest under the Odisha Apartment Act, 2023.

In a move to accelerate rehabilitation, MHADA has lowered charges for extra space allotment to 100% of RRR for eligible cessed building residents, applicable from December 2023 onwards.

Female investors are reshaping India's luxury property landscape, with investment budgets doubling since 2023 and Bengaluru emerging as their preferred destination. This isn't just a market trend—it's an economic revolution driven by financial independence and strategic vision.

Equity investments in Indian real estate are set to cross $10 billion (₹1,000 crore) for the first time. Inflows reached $8.9 billion from January to September 2024, up 46% year-on-year, driven by strong domestic investor participation and a jump in deal volumes to 200 from 151 in 2023.

HDFC Bank, in a strategic move to streamline its portfolio, plans to sell key commercial and residential properties acquired from its 2023 merger with HDFC. Expected to generate around ₹3,000 crore, this divestment signals a shift towards core banking operations and digital growth.

October 2024 saw record property registrations in Mumbai owing to a good purchasing season. Mumbai's property registration revenue is estimated at ₹1,081 crore as of October 29, 2024, as reported by Maharashtra's IGR. An increase of 52% from the ₹712 crore recorded on Diwali in November 2023.

India's biggest and most costly real estate market, Mumbai, started the 2024 festival season with strong Navratri property registrations. Between October 3 and 11, the city registered 5,199 properties, a 13.2% increase over Navratri 2023.

The Maharashtra houses and Area Development Authority has long promised affordable houses. However, a recent decision has caused major changes in low-income property pricing between 2023 and 2024.

Maharastra has highlighted concerns over 212 housing projects constructed between January and April 2023. Without necessary construction updates, these projects violate rules and have forced MahaRERA to take significant action.

Company demand for flexible workspaces will peak in 2024. In the first half of 2023, 106,554 seats have been rented, compared to 155,000 for the year. Leasing is growing rapidly due to economic development, changing work dynamics, and the necessity for cost management.

In H1 2024, total absorption in India's warehousing and logistics sector rose 8% from 2023. Vestian Research reported 16.6 million square feet of sector absorption in the first half of 2024. Compared to H2 2023, absorption fell 26%, mostly due to a 74% drop in the National Capital Region.

India's real estate investment trust (REIT) market grew 31% in 2023, the most in Asia-Pacific, despite a 7% fall overall the $252 billion Asian REIT industry. This increase bodes well for investors in India's young but growing REIT industry.

In 2024, over 5.3 lakh residences will be completed, a decade-high. The Covid-19 outbreak delayed projects and the government-backed SWAMIH fund revived them, causing this increase. NAREDCO states that almost 4.35 lakh units were constructed in the top seven cities in 2023.

Berger Paints India surpassed ₹10,000 crore in sales and ₹1,000 crore in profit to mark a landmark milestone in 2023-24.