The Indian housing market hit a new milestone in FY24, with sales reaching an all-time high over the past decade. A remarkable 5 lakh units were sold, marking a significant leap in the demand for homes.

Bengaluru, Delhi NCR, and Kolkata have witnessed house costs rise 20% in the previous two years. These locations saw a 30% price spike from 2021 to 2023 due to strong demand for mid- and luxury homes, according to Colliers.

In one week after opening, Tata Housing sold out Raagam Phase 1, earning over Rs 650 crores. This amazing sale of 576 plots encompassing 9 lakh square feet shows Bengaluru's significant demand for luxury residential areas.

Prestige Group, a renowned Bengaluru-based real estate developer, wants to build 9 million square feet of mall space in important Indian cities within three years. Muhammad Ali, Retail CEO, is planning to expand into Mumbai and Delhi-NCR, signalling a major development phase for the organisation.

Godrej Properties Ltd. bought a 4-acre Bengaluru plot. The business aims to build a luxury housing estate on this property, selling apartments for Rs 1,000 crore.

Provident Housing launched Provident Deansgate on IVC Road in Bengaluru recently. This project excels by combining contemporary design with Manchester's townhouse-style architecture.

The Indian real estate giant Ashiana Housing Ltd. is planning a major expansion. The business wants to spend Rs 700 crore in two luxury home projects in Jaipur and two senior living projects in Chennai.