28 Aug 2025

India's REIT market is entering a strong growth phase, with five listed REITs now managing nearly 140 million sq ft of office and retail real estate, according to Colliers India. While the four office-focused REITs cover 133 million sq ft, another 371 million sq ft of Grade A office space remains REIT-worthy, alongside 5 million sq ft of retail assets. Demand from Global Capability Centres, technology firms, and BFSI occupiers is driving momentum. Industry leaders from Mindspace REIT and Knowledge Realty Trust said REITs have matured into mainstream investment products, balancing stability and growth. With half of Grade A stock untapped, the sector offers vast expansion opportunities.Read more

26 Aug 2025

BuildAhome, a turnkey home construction company founded by Abhijith R Priyan, has appointed Rahul Dravid as its brand ambassador to reinforce its commitment to quality and transparency. The firm provides end-to-end services including architecture, structural design, plumbing, electrical work, interior design, and finishing, all managed in-house. Dravid emphasized that building a home requires patience, expertise, and trust, praising the company for its transparent process. This partnership aims to strengthen buildAhome's credibility, enhance brand visibility, and appeal to homeowners seeking reliable, fully managed, and professionally guided home construction solutions.Read more

25 Aug 2025

India's 28 listed real estate companies collectively achieved record sales bookings of nearly INR 53,000 crore during the April-June quarter of the current fiscal year, signaling a strong revival in the housing market. The stellar performance was led by Prestige Estates and DLF Ltd, which, with sales of INR 12,126 crore and INR 11,425 crore respectively, accounted for nearly half of the total. A notable trend from the data is a clear "flight to quality," as the top five branded developers cornered 71% of the total sales, reflecting a post-COVID preference among homebuyers for trusted, large-scale builders.Read more

21 Aug 2025

Prime Minister Shri Narendra Modi is scheduled to inaugurate the Aunta Simaria highway project on NH-31 in Bihar tomorrow. The 8.15 km project includes a 1.86 km six-lane extradosed bridge over the Ganga, built at a cost of INR 1,870 crore. The new link directly connects Mokama in Patna district with Begusarai, significantly reducing detours for heavy vehicles that previously had to travel over 100 km due to restrictions on the older Rajendra Setu. Officials expect the project to strengthen regional trade, improve freight movement, support agriculture, and enhance access to religious and cultural landmarks.Read more

20 Aug 2025

The National Real Estate Development Council (NAREDCO) Maharashtra has postponed its annual real estate event, "The Real Estate Forum 2025," due to a severe spell of heavy rainfall and subsequent waterlogging in Mumbai. The event was originally scheduled for August 20. The decision was made in response to an advisory from the India Meteorological Department (IMD) and was taken to ensure the safety and convenience of attendees. The heavy rains, which dropped over 300 millimeters in Mumbai in a single day, caused widespread disruptions, including flight delays and traffic gridlock. A new date for the event has not yet been announced.Read more

20 Aug 2025

India's office market demonstrated a strong 24% rise in net leasing across eight major cities in the first half of 2025, reaching 27.8 million sq ft. This growth was driven by key markets like Mumbai, Pune, Delhi-NCR, and Chennai. While Bengaluru saw a 3% decline, the overall market remains robust, with a 14% increase in new supply. This trend highlights a strong economic outlook, as India's office sector continues to outperform global trends.Read more

19 Aug 2025

Indian cities have emerged as global leaders in luxury housing, with Bengaluru, Mumbai, and Delhi securing top positions in Knight Frank's Prime Global Cities Index (Q2 2025). Bengaluru ranked 4th worldwide with a 10.2% annual rise in prime property prices, followed by Mumbai at 6th with 8.7%, and Delhi at 15th with 3.9%. All three outperformed the global average of 2.3%, bucking a broader slowdown in prime housing markets. Knight Frank credits strong demand, limited supply of luxury homes, and sustained wealth creation for the momentum. The rankings highlight resilient urban real estate, boosting investor confidence in India's property market.Read more

19 Aug 2025

Luxury housing in India's urban markets is shifting from a focus on opulence towards experience-led living, as branded residences and hospitality-driven developments set new standards. With hotel groups and developers collaborating, these properties combine ownership with five-star services such as concierge, wellness, dining, and co-working spaces. Market reports indicate branded homes are outperforming traditional luxury real estate in absorption, occupancy, and rental yields, highlighting a structural transformation in buyer preferences. NRIs and institutional investors are also driving demand, viewing these projects as both lifestyle assets and lucrative investments.Read more

19 Aug 2025

The Mumbai Metropolitan Region Development Authority inaugurated four major infrastructure projects this past week under the leadership of Chief Minister Shri Devendra Fadnavis, in the presence of Deputy Chief Ministers Shri Eknath Shinde and Shri Ajit Pawar, along with other senior dignitaries. The projects included the Santacruz-Chembur Link Road extension featuring South Asia's first 100-metre radius cable-stayed bridge, the Mumbai Metro Training Institute at Mandale Depot, new residential quarters for metro staff at Malvani, and the Kalanagar Sub-Flyover Arm D. Together, these projects are expected to drastically improve connectivity, reduce congestion, and enhance workforce capacity across the city.Read more

18 Aug 2025

The Confederation of Real Estate Developers' Associations of India - Maharashtra Chamber of Housing Industry (CREDAI-MCHI) has appointed Nahar Group Chairman, Sukhraj Nahar, as its President for the 2025-2027 term. Announced earlier this week, the development also brought forward the appointment of a new management committee. The association, representing more than 2,200 real estate developers across the Mumbai Metropolitan Region (MMR), plays a crucial role in voicing the concerns of the industry and engaging with government authorities.Read more