The surge in demand for luxury property saw sales hit Rs 4,316 crore during the first 11 months, higher than the total residential sales in 2023 at nearly Rs 4,036 crore, as per Anarock Research. https://www.financialexpress.com/business/industry-real-estate-firms-ride-the-luxury-home-wave-3702869/
With USD 4.7 billion in foreign inflows in 2024, the country’s booming industrial, warehousing, and office spaces are drawing investors from around the world https://timesproperty.com/news/post/indian-real-estate-market-foreign-investors-favourite-spot-blid8964
Developers expect the momentum in premium and luxury housing to continue in 2025 after a stellar 2024 marked by strong pre-sales and price increases. However, the outlook for affordable housing remains uncertain, with developers continuing to exit the segment and homebuyers holding back due to interest rate and inflationary pressures. https://www.moneycontrol.com/news/business/real-estate/a-bumper-year-for-residential-real-estate-but-affordable-housing-woes-may-persist-in-2025-12896108.html
The number of high net worth individuals (HNIs) is likely to double to 1.65 million by 2027 from the current 850,000, according to a study by real estate consultancy firm Anarock. https://www.business-standard.com/finance/personal-finance/20-of-india-s-super-wealthy-are-under-40-fueled-by-start-ups-tech-ipos-124122000236_1.html
Jaipur saw the highest rise in weighted average price of newly launched projects at 65 percent from Rs 4,240 per sqft to Rs 6,979 per sqft in last one year https://www.moneycontrol.com/news/business/real-estate/housing-prices-surge-up-to-65-in-top-30-tier-ii-cities-raipur-stays-most-affordable-12893782.html
Among different asset classes, the residential sector attracted almost 45% of the institutional investment inflows followed by office buildings at 28% https://www.hindustantimes.com/real-estate/yearender-2024-real-estate-sector-attracts-record-8-8-bn-institutional-investments-101734523827581.html
A strong launch pipeline over the next few quarters in 2025 is expected as only 23% of 253.16 mn sq ft of housing supply announced in 2024 has been launched https://www.hindustantimes.com/real-estate/around-200-mn-sq-ft-of-new-housing-supply-likely-to-hit-the-market-in-2025-101734432888901.html
The survey, covering over 450 respondents from 35 cities, showed that around 54 percent of prospective buyers, based in Tier 1 cities, are looking to purchase a home priced up to Rs 2 crore, and 32 percent have a budget of Rs 2.1 crore to Rs 4 crore. https://www.moneycontrol.com/news/business/real-estate/millennials-prefer-home-ownership-homes-up-to-rs-2-crore-most-favourite-survey-12890939.html
Swift urbanization and enhanced infrastructure are among the key trends driving the real estate sector in Tier 2 and 3 cities. https://www.financialexpress.com/money/emerging-housing-trends-fueling-real-estate-boom-in-tier-2-and-3-cities-3690207/
RBI’s decision will enable banks to have more funds to lend, they say https://www.business-standard.com/finance/news/crr-cut-to-infuse-liquidity-to-real-estate-sector-say-developers-124120600577_1.html
