Mindspace Business Parks REIT leased over 2 million square feet in the quarter ended March 2024, a record. This is the greatest lease volume since its August 2020 IPO, totaling 3.6 million square feet for 2023-24.

Over the last two years, India's real estate business has seen record sales, increasing demand for construction and sales skills. Since competent workers are scarce, consultancy companies and developers are hiring new graduates from business schools.

The Indian residential property market reached record highs in the March quarter due to steady economic circumstances and buyer confidence. JLL India reported record residential sales despite increased borrowing rates and property costs.

Wellknown Polyesters Chairman Anil Gupta bought two luxury properties in South Mumbai's Malabar Hill region, influencing the luxury real estate market. The home sale, worth over INR 270 crore, established a new Indian residential property sales record at INR 1.41 lakh per square foot.

Land record digitalization will be prioritised by the Indian government to streamline land procedures. The incoming government is likely to support this critical effort with roughly ₹1,035 crore. To speed up land acquisition and construction, the initiative seeks to digitise all land records by 2026

Purevankara outperformed itself in 2024, selling Rs 5,914 crores, up 90% from Rs 3,107 crores in FY23. Customer collections increased by 60% to Rs 3,609 crores from Rs 2,258 crores last year.

MahaRERA reached a milestone in 2023-24, registering 4,332 projects from 5,471 applicants. Officials stressed that the remaining applications are being carefully reviewed to ensure project integrity and compliance.

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.

Maharashtra buys the famous Air India building at Nariman Point, Mumbai, for INR 1,601 crore. New state development and strategic planning begin with this historic purchase.

February 2024 saw record property registrations in Mumbai's real estate market. Under the Brihanmumbai Municipal Corporation's (BMC) authority, 12,040 units were registered by 8 p.m. on Thursday, with predictions of a little rise.

Fire safety in Indian houses is frequently overlooked in favour of utilities and beauty. This detailed handbook covers fire safety precautions to protect your family and property.

The Indian real estate industry returned from the 2022 shock and maintained its record-breaking velocity into 2023, propelled by strong demand and supply. This article on Ghar tries to make sense of it all.

Indian

In nine months, DLF, India's top real estate developer, met its FY24 bookings estimate. On the heels of a successful 7,200 crore flat sale in their newest project, DLF Privana South in Gurugram's Sectors 76 and 77.

MahaRERA recovered over Rs 140 crore this year from developers who delayed flat deliveries, distressing homeowners. This is one of India's greatest real estate regulator recoveries. MahaRERA has filed 1,123 warrants this year to collect about Rs 764 crore from developers, threatening to freeze bank