Mumbai's property registrations hitting a 12-year high this February is proof of the city's unstoppable growth and appeal. What's driving this boom? Beyond the renewed enthusiasm for homeownership, it's the city's rapid infrastructural development enhancing connectivity and lifestyle, making Mumbai an even more attractive place to live. With improved roads, faster transit, and burgeoning suburban areas, potential homeowners are finding compelling reasons to invest in their dream homes here. The trend towards suburban living, coupled with the demand for compact, cost-effective housing, reflects a shift in homebuyer preferences, promising exciting opportunities for investors and residents alike. #realestate #properties #IndianRealEstate #Mumbai #infrastructure https://lnkd.in/d2SpT8v7
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Property Registrations in Mumbai Rise 1% in December 2024: A Positive Outlook for the Real Estate Market Mumbai's real estate market has shown resilience and growth, as demonstrated by the rise in property registrations in December 2024. According to a recent report by Knight Frank India, the city registered a total of 12,415 properties in December 2024, marking a marginal increase of 1% compared to the 12,285 registrations in the same period the previous year. #mumbai #property #registration #rise #december
Property Registrations in Mumbai Rise 1% in December 2024: A Sign of Resilience
propertyguideindia.com
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Not just a phase!! We are delighted to share that Delhi-NCR's real estate market is bustling with activity! We've observed a robust 9% yearly increase in housing prices, fueled by heightened demand in key areas like Noida Extension and Golf Course Road. Notably, Noida Extension recorded a striking 61% rise in property prices from last year, making it a hotspot for those seeking premium living spaces. The price for an average apartment there jumped to Rs 1.68 crore in 2023, up from Rs 1.24 crore in 2022. This shift reflects a growing interest among homebuyers and investors in high-quality residences. What's more, the regional market is showing signs of significant strength and stability, with a continuous decline in unsold properties for the fourth consecutive quarter. This trend not only highlights the dynamism of the market but also underscores its resilience compared to other major Indian cities. Adding to the region's allure are substantial government investments in infrastructure projects like the Jewar Airport and the RRTS train line, which are making Delhi-NCR an even more appealing place to buy a home. As we witness this evolving landscape, it’s clear that the demand for larger, luxurious homes is not just a trend, but a reflection of our expanding economy and the rising aspirations of people in the NCR region. Let's keep an eye on this thriving market and the opportunities it presents!
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This just proves that the growth we are witnessing is not merely a temporary phase. It is directly linked to the ongoing development and enhancement of our country's infrastructure.
Not just a phase!! We are delighted to share that Delhi-NCR's real estate market is bustling with activity! We've observed a robust 9% yearly increase in housing prices, fueled by heightened demand in key areas like Noida Extension and Golf Course Road. Notably, Noida Extension recorded a striking 61% rise in property prices from last year, making it a hotspot for those seeking premium living spaces. The price for an average apartment there jumped to Rs 1.68 crore in 2023, up from Rs 1.24 crore in 2022. This shift reflects a growing interest among homebuyers and investors in high-quality residences. What's more, the regional market is showing signs of significant strength and stability, with a continuous decline in unsold properties for the fourth consecutive quarter. This trend not only highlights the dynamism of the market but also underscores its resilience compared to other major Indian cities. Adding to the region's allure are substantial government investments in infrastructure projects like the Jewar Airport and the RRTS train line, which are making Delhi-NCR an even more appealing place to buy a home. As we witness this evolving landscape, it’s clear that the demand for larger, luxurious homes is not just a trend, but a reflection of our expanding economy and the rising aspirations of people in the NCR region. Let's keep an eye on this thriving market and the opportunities it presents!
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Mumbai's real estate sector has demonstrated remarkable resilience and growth, achieving a 13-year high in property registrations in 2024. The city recorded 1.41 lakh property registrations, marking an 11% increase from the 1.26 lakh registrations in 2023. This significant milestone underscores the sustained demand for real estate in Mumbai, even amidst global economic uncertainties. #mumbai #realestate #property #registration #market
Mumbai Real Estate Market Achieves 13-Year High with 1.41 Lakh Property Registrations in 2024
propertyguideindia.com
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🏠 India’s Residential Real Estate: Trends, Shifts & Buyer Caution 📉💡 The Indian real estate market is witnessing a pivotal shift. After an impressive annual growth of 52% post-COVID, residential launches across top cities declined by 2% in 2024 Q1-Q3, signaling the sector’s first slowdown since 2020. But amidst this dip, one segment continues to thrive – luxury housing priced above ₹2.5 crore, which grew by an impressive 56%. 📊 Key Insights: • Luxury Boom: Premium projects offering state-of-the-art amenities and larger homes dominate the market. The average flat size has grown by 11.4% in the last three years, reflecting aspirational living trends. • Price Surge: • Delhi-NCR saw the steepest rise in average prices (+56% y-o-y) to ₹1.45 crore. • Bangalore followed with a 44% price increase to ₹1.21 crore. • MMR remains steady, maintaining its average price of ₹1.47 crore with a 1.7% increase in units sold. • Affordable Housing Declines: Launches in the sub-₹40 lakh category fell by 10% in 2024, with developers pivoting toward mid-premium and luxury segments due to better margins and rising land costs. 🛑 Buyer Alert: With the market leaning towards premiumization, buyers must exercise caution: ✔ Check Developer Credentials: Research the builder’s track record and financial health. ✔ Legal Compliance: Verify property titles, approvals, and RERA registration. ✔ Hidden Costs: Be mindful of additional charges like GST, registration fees, and maintenance. ✔ Market Analysis: Understand local trends to avoid overpaying. The real estate market is transforming. Whether you’re eyeing luxury or mid-premium homes, due diligence is key to securing the right investment. 🔗 #RealEstate #LuxuryHomes #IndiaRealEstate #PropertyInvestment #Homebuyers #RealEstateTrends #DelhiNCR #MumbaiRealEstate #BangaloreHomes #RERA #AffordableHousing #LuxuryLiving #PropertyTips
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Investing in Metros! Current reports in the Economic Times with regards to real estate, indicate happy times for properties in 2 Tier § 3 tier cities. The improvement in the infrastucture with regards to roads, water supply & electricity will definitely boost the real estate. Mumbai experienced this trend of development and owning a flat became a dream for every mumbaikar. Imagine the appreciation of properties as the demand shot up. Suddenly the bungalows in and around mumbai turned regular bungalow resident into a landlord. These plots were much Sought after. As the metro's swell up with residents, the additional nearby villages see a transition and demand. This process continues, thereby converting sleepy and remote areas into hubs. It’s a matter of time (Max 5-7 years) when the demand for land grows exponentially. This is when, your investment in a villa with large plot in Greenway appreciates exponentially. So welcome to Greenway !! Land of opportunities , where you enjoy your “RURBAN” experience & leave a legacy. #luxury #villa #greenway #hospitality #2025BigIdeas Source:
2025 Outlook: Buying a home in 2025? Here's how property market can shape up
economictimes.indiatimes.com
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India’s real estate sector has been undergoing a sea change over the last several years. According to a new report from Prop Equity, housing prices in India’s top 10 cities have grown by 88% in the last five years. Surprisingly, Gurugram led the way with a mind-boggling 160% increase in housing prices, still the most expensive market, even though Mumbai had the lowest growth pace of 37%. #india #realestate #mumbai #growth #increase
Gurugram’s Real Estate Boom: Housing Prices Jump 160%, Mumbai Records Lowest Growth at 37%
propertyguideindia.com
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REAL Estate Update.... Mumbai property registrations up 4% MoM in July, small apartments' share continues to slide The registrations in July brought the state government Rs 1,055 crore by way of stamp duty collections, higher by 4 percent over June, and also higher by 27 percent over the corresponding month last year. Property registrations in the Mumbai civic area, comprising the Mumbai city and suburban districts, showed a four percent jump sequentially to 12,160 units in July, which also represented a 19 percent jump year-on-year, according to figures from the Maharashtra government's department of registrations and stamps, accessed by Knight Frank India. Despite the jump in registrations, the share of small apartments in them continued to decline, reflecting both stress in the affordable housing market, as well as some movement towards the mid and premium ticket sizes in housing. Of the 12,160 registrations in the previous month, 80 percent were for residential units. The registrations in July brought the state government Rs 1,055 crore by way of stamp duty collections, higher by four percent over June, and also higher by 27 percent over the corresponding month last year. "July 2024 marked the highest number of property registrations for any July month in 12 years, underscoring the market's strength. Despite higher property prices, buyer confidence remains high, driven by economic prosperity, a growing preference for home ownership, and favourable interest rates," said Shishir Baijal, chairman and managing director of Knight Frank India. A market observer said that a continued increase in share of larger apartments in registrations and the decline in smaller housing units indicate both a trend towards premium and luxury housing, as well as pressure on the affordable housing end, particularly with units upto 500 sq ft in size often breaching the "affordable" tag in an expensive market like Mumbai. Source By:https://lnkd.in/gf4sz-fK Contact : +91 97737 40438 Website: Buyorlease.in . . . #gurgaonrealestate #delhiproperty #realestateinvestor #gurgaonproperty #delhincr #gurugramproperty #investment #realestateagent #realestateinvesting #home #propertyforsale #bhfyp #acres #sale #luxuryhomes #propters #dwarkaexpressway #realtor #dlf #realestateoffers #newhome #lbbdelhi #trumptowersdelhincr #luxurytravel
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𝗠𝘂𝗺𝗯𝗮𝗶 𝗦𝗲𝗲𝘀 𝗥𝗲𝗰𝗼𝗿𝗱-𝗕𝗿𝗲𝗮𝗸𝗶𝗻𝗴 𝗛𝗼𝘂𝘀𝗲 𝗦𝗮𝗹𝗲𝘀 𝗶𝗻 𝟮𝟬𝟮𝟰, 𝗗𝗲𝘀𝗽𝗶𝘁𝗲 𝗕𝗲𝗶𝗻𝗴 𝗢𝗻𝗲 𝗼𝗳 𝗜𝗻𝗱𝗶𝗮’𝘀 𝗠𝗼𝘀𝘁 𝗘𝘅𝗽𝗲𝗻𝘀𝗶𝘃𝗲 𝗖𝗶𝘁𝗶𝗲𝘀 𝗳𝗼𝗿 𝗔𝗰𝗰𝗼𝗺𝗺𝗼𝗱𝗮𝘁𝗶𝗼𝗻 Mumbai has emerged as a leader in India’s real estate market, witnessing the highest number of house sales in 13 years in 2024. While the city continues to rank as one of the most expensive in the country for accommodation, but there is a strong demand for residential properties in the financial capital. This housing demand has led to an 11% increase in property registrations, reaching 141,202 units in 2024, the highest in 13 years. #MumbaiRealEstate #HousingMarket #AkhilSaraf #reloy https://lnkd.in/ea8gPjxY
Mumbai Sees Record-Breaking House Sales in 2024, Highest in 13 Years - News18
news18.com
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The Indian real estate market often mirrors the trends set by Mumbai, considered the benchmark for the country's property market. In June 2024, Mumbai saw a significant increase in property registrations, with - 11,443 registrations, marking a 12-year high for the city. - An 11% year-on-year increase in registrations. - A sustained demand for properties, with sales exceeding 10,000 units for six consecutive months in 2024. - A shift in demand towards larger apartments, with 46% of registrations for properties between 500-1,000 sq. ft. Read Full Article here:- https://lnkd.in/dymPb5az
Mumbai achieves 12-year high with over 11,400 property registrations in June 2024: Knight Frank India
moneycontrol.com
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8moTrue, swift connectivity not only eases living in the suburbs but also alleviates housing pressures in the city center.