The participation of Non-resident Indians (NRIs) in India’s residential real estate market has seen a significant rise, now accounting for nearly a quarter of the total sales among large developers, up from just 7-10% prior to the pandemic.

According to a report by the Confederation of Indian Industry (CII) and Knight Frank, Global Capability Centres (GCCs), flexible and co-working spaces, and the IT sector will drive office space demand in India to 1.7 billion square feet by 2030.

The Ascott Limited, Singapore's hospitality giant, launches Citadines Paras Square Gurugram in North India via a strategic partnership with Paras Buildtech. Ascott's first hotel in the dynamic area expands its Indian portfolio to 18 hotels in Bangalore, Hyderabad, Pune, Goa, and Chennai.

The Goregaon-Mulund Link Road will reduce Mumbai's traffic. This unique project, which includes two subterranean tunnels 4.70 km from Goregaon East, will speed up transit.

Residents of Breach Candy in South Mumbai are frustrated by traffic congestion caused by the adjacent junction on the Mumbai Coastal Road. The Coastal Road's advantages aside, neighbours say a design mistake, specifically the absence of direct interchange access, has exacerbated their journeys.

In a Rs 18,000 crore ($2.4 billion) initiative with the Abu Dhabi Investment Authority (ADIA) and Kotak Alternate Investment Fund, Prestige Group is developing residential projects in India. Partners will spend Rs 2,001 crore ($270 million) to accelerate early-stage housing developments.

The Marathi New Year, Gudi Padwa (Ugadi in certain southern regions), is celebrated with considerable fervour throughout India. These days represent fresh beginnings and promise, making them suitable for big purchases like homes.

Ministry of Environment, Forest, and Climate reform (MoEFCC) made a major reform to balance development with animal protection. Large projects in protected areas now need forest permissions before wildlife clearances.

MahaRERA has proposed a breakthrough rule to increase openness and accountability in real estate developments. For compliance and efficient money utilisation, this proposal requires projects to maintain three bank accounts in the same bank.

Bengaluru office leasing is changing. Multinational firms' tech and shared service divisions, Global Capability Centres (GCCs), are gaining ground in India's commercial real estate market. In 2023, GCCs leased the most space since the start of the decade, according to Colliers.

According to the Prime Global Cities Index, Mumbai, Delhi, and Bangalore have higher housing prices. Buyers are increasingly choosing property investments to better their lives.

After years of stalemate, the Mumbai-Goa coastal highway project is moving forward. A unified procurement for six bridges by the Maharashtra State Road Development Corporation (MSRDC) is expected to stimulate Konkan tourism and industry.

A new MahaRERA initiative protects homebuyers in an unprecedented step. It requires housing project developers to have three accounts in one scheduled bank to promote discipline, efficiency, transparency, accountability, and equality in financial activities.

At Sarovar Hotels, our vision is to become the preferred choice for guests, ensuring they return time and again. We achieve this by curating a diverse spectrum of services that uphold superior standards in accommodation, culinary offerings, staff professionalism, and facilities.

Vasai-Virar City Municipal Corporation has introduced an online system for property tax payments and accessing 51 different types of documents. This move greatly benefits residents by eliminating the need to visit the municipal office repeatedly, saving time and effort.