The real estate market in South Mumbai, the city's affluence, is changing. Now popular with luxury condos, the region was formerly dominated by lovely old-world houses. This shows that rich purchasers want homes with exclusivity, tradition, modern conveniences, and a thriving community culture.

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.

The Dream of Homeownership Grows 2024 is a terrific year for Indian homebuyers due to numerous major advancements. Significant savings from a steady repo rate and an optimistic government budget encourage more individuals to purchase properties.

With a landmark verdict, a Mumbai consumer commission ordered a development company to pay purchaser Neela Pawar with INR 8.5 lakh and return INR 7.5 lakh for failing to get licences for a Kandivli redevelopment project. This ruling shows the consequences of unlicensed redevelopment.

Maharashtra Real Estate Regulatory Authority (MahaRERA) has ordered the termination of sale agreements between a developer and purchasers who missed payment deadlines in an unprecedented action.

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.

CapitaLand India Trust (CLINT), a major real estate investor, bought BlueRidge 3 Phase 1 in Pune's IT corridor. This purchase, worth INR 773 crore, in Hinjewadi, the IT centre, shows CLINT's dedication to creating innovative and growing commercial spaces.

Nexus Select Trust, the Blackstone Group's retail arm, is poised to expand in India. The agreement to buy 1 million square feet of malls in Hyderabad from L&T Metro is valued at ₹1,100 crore. This massive purchase comprises the E-Galleria Mall in Moosarambagh, the L&T Metro Mall in Punjagutta.

Since the Indian housing market is middle-class, house loan interest rates greatly impact home buying emotion. Individuals and families intending to purchase a house (one of the major choices of their life) must also consider interest rates and EMI expenses.

Commercial purchases in Bengaluru fell 14.3% to 12.5 million square feet in 2023. Knight Frank India ascribed this decline to US inflation and a slowing technology industry, which drives Bengaluru's office space demand.

Bollywood star John Abraham bought a luxury Khar mansion in Mumbai's real estate market. It cost Rs 70.83 crore to buy the 5,416-square-foot home with 7,722 square feet of land.

Aamor Inox Pvt. Ltd., a Delhi-based metals producer and exporter, has entered the real estate market. The business paid INR 87.5 crore for Delhi land and a home. The September transaction coincided with the Delhi government's intention to raise the circular rate for agricultural property.

Arete Group announced that Silox India purchased 35 acres of prime industrial land at PIP (Payal Industrial Park) in Dahej, Gujarat. Land was bought by Arete Group. Inorganic chemical company Silox India is based in Belgium.

Bangalore-based Puravankara, one of India's largest real estate developers, won the redevelopment rights for two Lokhandwala, Andheri west housing complexes. Puravankara's initial venture into western suburb redevelopment with this purchase is notable.

Sparkle Two Mall Developers, a fully owned subsidiary of The Phoenix Mills, paid Rs 429 crore for an 11-acre plot in Majiwada, Thane.