Real Estate News

The Indian real estate market is undergoing a significant transformation, fueled by a notable increase in investments from Non-Resident Indians (NRIs). As we step into 2024, NRIs are playing a crucial role in reshaping the landscape of Indian real estate. In recent years, NRI investments in Indian real estate, particularly residential properties, have seen remarkable […]

In the dynamic canvas of India’s economy, the real estate sector emerges as a challenging force balanced for remarkable growth. A recent report from CREDAI unveils a promising narrative, projecting unprecedented expansion and transformative impact. At present, Indian real estate commands a market size of Rs 24 lakh crore (about USD 300 billion), but this

In the dynamic landscape of Madhya Pradesh’s real estate sector, Indore has claimed its authority as the preferred destination for settling down.  Recent data from the Real Estate Regulatory Authority (RERA) sheds light on the real estate projects in the state, with Indore taking the lead over Bhopal, the state capital, by almost double the

In a significant move aimed at streamlining the residential construction process in Bengaluru, Deputy Chief Minister DK Shivakumar has revealed a pioneering initiative called ‘Nambike Nakshe.’  This decentralized automated online approval system for building plans promises to alleviate the longstanding resentments of citizens and promote trust between authorities and residents. Under this groundbreaking scheme, residential

The Securities and Exchange Board of India (SEBI) has taken a significant step towards improving the landscape of real estate investment in India with its recent amendment to the regulations governing Small and Medium Real Estate Investment Trusts (SM REITs).  These amendments, outlined in the Securities and Exchange Board of India (Real Estate Investment Trusts)

Real Estate Investment Trusts (REITs) are changing the game for investors, offering a way into the real estate market without the bulky price tag of direct ownership. Keki Mistry, former CEO of HDFC, shares why REITs are gaining traction and what this means for investors. REITs are like a shortcut to real estate investment, allowing

The Bombay High Court’s ruling regarding the interpretation of the term ‘promoter’ within the framework of the Real Estate (Regulatory and Development) Act (RERA) signifies a significant legal decision in real estate regulation.  The ruling establishes that a co-promoter can be considered a ‘promoter’ under RERA, irrespective of whether they have received funds from flat

In a significant development within India’s real estate landscape, Edelweiss Alternatives, the alternative asset arm of the renowned Edelweiss Group, has recently settled a monumental deal.  The acquisition involves the purchase of MFAR Developers’ sprawling 1.21-million sqft IT park located in Bengaluru, at a staggering sum exceeding Rs 1,475 crore. This transaction marks a pivotal

In the year 2024, Mumbai emerged as a powerhouse in the global luxury real estate market, making its mark among the top 10 cities worldwide.  According to the Knight Frank Wealth Report 2024, Mumbai has secured the 8th position in terms of price growth in luxury housing, showcasing a remarkable jump from its previous rankings. 

In a strategic move set to redefine the landscape of Indian investment in the UK real estate market, Barratt London, a key player in the UK’s housing industry, has forged a partnership with Benham & Reeves India. Seizing Opportunities in London Living This partnership comes when London continues to be a preferred destination for Indian