These proptech companies use technologies like AI, big data analytics, machine learning, virtual reality, and blockchain to revolutionise how properties are bought, sold, rented, financed, and managed https://www.business-standard.com/industry/news/proptech-startups-increase-investments-as-more-people-buy-homes-online-124040100669_1.html
Similarly, the stamp duty collections from property registrations in Mumbai real estate market, fell down by 8 percent to 1,126 crore in March 2024 to Rs 1,226 crore in March 2023, according to Maharashtra government data. https://www.moneycontrol.com/news/business/real-estate/mumbai-property-registrations-rise-8-in-march-ready-reckoner-rates-unchanged-for-fy25-12555401.html
MMR and Pune account for over 51% of the total sales in the top 7 cities; 1.10 lakh housing units were launched in Q1 2024 https://www.hindustantimes.com/real-estate/housing-sales-in-top-seven-cities-record-14-increase-in-q1-2024-prices-rise-by-1032-101711523176255.html
The city of Mumbai emerged as the leader in this segment, witnessing a total of at least 29 luxury homes sold, with a combined value of Rs 3,031 crore. https://www.financialexpress.com/money/luxury-homes-priced-above-rs-50-cr-see-remarkable-increase-in-sales-3436858/
Among corporate occupiers, over 85 per cent already lease green office spaces, motivated by energy savings and sustainability targets https://www.business-standard.com/industry/news/residential-buyers-willing-to-pay-5-10-more-for-green-buildings-report-124032200766_1.html
A report by ANAROCK India said that housing sales grew significantly in both the election years of 2014 and 2019. https://www.moneycontrol.com/news/business/real-estate/lok-sabha-elections-2024-likely-to-spur-housing-demand-in-india-says-report-12501311.html
Bengaluru drops from 20th place to 27th despite home prices rising 2.2 percent year on year https://www.moneycontrol.com/news/business/real-estate/mumbai-ranks-third-in-prime-global-cities-index-residential-prices-up-at-10-yoy-in-oct-dec-2023-12493071.html
The Indian real estate sector has witnessed a promising start in 2024, marked by a surge in demand for residential properties despite challenges posed by escalating prices. https://www.financialexpress.com/money/housing-sales-in-indias-top-six-cities-surge-by-20-in-q1-2024-3429790/
Real estate is set to see a big push in 2024. Anuj Puri, Chairman Anarock group said that in 2023 https://bangaloremirror.indiatimes.com/bangalore/others/bm-property-big-push-for-real-estate-in-2024/articleshow/108533282.cms
Credai forecasts 7 crore units of additional housing demand by 2030. Over 87.4% of housing demand by 2030 is expected to be of homes priced more than ₹45 lakh https://www.hindustantimes.com/real-estate/real-estate-sector-expected-to-touch-a-market-size-of-1-3-trillion-by-fy2034-credai-101710598791231.html?utm_source=whatsapp&utm_medium=social&utm_campaign=ht_site
