The past two years have seen the share of affordable homes sliding from 27 per cent in Q1, 2022 to 15 per cent in Q1, 2024 — the lowest market share for affordable homes in years, according to JLL.  https://www.zeebiz.com/real-estate/news-real-estate-trends-report-shows-share-of-affordable-homes-under-rs-50-lakh-falls-from-48-to-15-in-delhi-ncr-experts-see-notable-shift-in-pattern-286354

The north zone holds 25% of the senior living market share followed by the central zone, which accounts for 13% of the market https://www.hindustantimes.com/real-estate/south-indian-states-including-bengaluru-lead-with-62-share-of-the-senior-living-housing-segment-101713518821477.html?utm_source=whatsapp&utm_medium=social&utm_campaign=ht_site

The global shift towards remote work has profoundly impacted real estate trends, and 2024 will continue to see this influence. https://www.news18.com/business/beyond-site-visit-unveiling-game-changing-trends-in-real-estate-8860381.html

In FY-24, over 83 land deals for over 1,135 acres closed in top seven cities alone, remaining 18 deals in tier 2 and 3 cities, including Ahmedabad and Ayodhya https://www.hindustantimes.com/real-estate/more-than-101-land-deals-for-approximately-2-989-acres-closed-in-fy-24-across-cities-including-ayodhya-101713685761175.html?utm_source=whatsapp&utm_medium=social&utm_campaign=ht_site

According to the report, India’s economic growth in the next decade will depend heavily on several factors, including a growing young population, bolstered domestic manufacturing, infrastructure development, and urban expansion. https://www.financialexpress.com/money/indian-real-estate-sector-to-be-worth-usd-1-5-trn-by-2034-78-mn-new-homes-needed-in-cities-knight-frank-cii-report-3455320/

A significant draw for NRIs considering investment in luxury Indian real estate is the compelling affordability of high-end properties compared to those in major global cities. https://www.financialexpress.com/business/industry-why-nris-are-investing-in-ultrasupreme-luxury-residences-in-mumbai-3457317/

Anarock highlighted that listed cos like Prestige Estates, DLF, Godrej Properties, Sobha, Oberoi Realty have been on a land-buying spree since pandemic amid significant demand for their properties https://www.business-standard.com/industry/news/real-estate-firms-may-report-strong-q4-with-some-moderation-in-pre-sales-124041400267_1.html

Among the top eight cities, Mumbai and Pune emerged as frontrunners, jointly accounting for 44% of total unit launches, with Mumbai leading at 28% and Pune closely following at 16%. https://www.financialexpress.com/money/luxury-housing-on-a-roll-in-india-spearheaded-by-established-developers-3453414/

The real estate consultant Anarock and realtor’s body NAREDCO’s report titled Real Estate Unboxed: The Modi Effect was released on Monday. https://www.news18.com/business/indias-real-estate-sector-created-over-3-crore-job-opportunities-in-the-last-decade-report-8845358.html