The first quarter of the year saw Delhi-NCR dominate the market for high-end luxury flats priced at least INR 15,000 per square foot among the top eight cities. A large number of new luxury apartment developments sold out rapidly in the area.

Wellknown Polyesters Chairman Anil Gupta bought two luxury properties in South Mumbai's Malabar Hill region, influencing the luxury real estate market. The home sale, worth over INR 270 crore, established a new Indian residential property sales record at INR 1.41 lakh per square foot.

Terravista Developers, an Adani Group affiliate, bought a 25-acre land in Haveli, Pune, to expand its data centre infrastructure. Leasehold rights from Finolex Industries enabled this Rs 471 crore ($56.6 million) investment.

India's elderly population is growing. Household needs are changing due to growth. Mumbai, Bangalore, Pune, and Delhi are focusing on senior-friendly housing. The progress is encouraging, but much more must be done. Despite hurdles, senior care houses will be significant business.

Mumbai's elite are finding luxurious getaways in peaceful, scenic areas within a short drive from the city. For seclusion and exclusivity, they visit Alibaug, Goa, Lonavala, Khandala, Panchgani, Karjat, and Pawna Lake. Buyers are purchasing villas and property to create calm, luxurious getaways.

A new MahaRERA initiative protects homebuyers in an unprecedented step. It requires housing project developers to have three accounts in one scheduled bank to promote discipline, efficiency, transparency, accountability, and equality in financial activities.

Is real estate a male-dominated field? While it may seem so at first glance, a closer look reveals that many women are not only participating but also leading and redefining the industry.

In a symbol of Gurugram's rise as India's real estate capital, Godrej, Oberoi, Adani, and DLF have begun building luxury residential projects in the city. Prestige and Sobha are also competing in the city's property market, which is booming and attracting attention.

Reliaable Developers and Oakwood Hotels, part of The Ascott Limited, are collaborating to build a unique resort on the busy HSR-Sarjapur Road-Electronic City corridor. This partnership demonstrates Reliaable Developers' dedication to provide luxury and unmatched experiences.

With 'Green Estates by Mahindra', Mahindra Lifespace Developers (MLDL) is making progress in projected development for the second time this fiscal year. This 27-acre project in Mahindra World City will combine nature's tranquilly with contemporary facilities to provide a unique living experience.

Kolte-Patil Developers is set to revolutionize the real estate landscape with its ambitious plan to launch projects worth approximately Rs 9,000 crore over the next 14 months, spreading its wings across Pune, Mumbai, and Bengaluru.

In the real estate realm, "stalled projects" are those that have ceased construction entirely, contrasting with "delayed projects" which progress slowly due to various factors.

Macrotech Developers, known as Lodha, has a significant presence in Mumbai, Pune, and Bengaluru and is considering expanding into a new city. The corporation uses a careful, step-by-step strategy to regional expansion after entering Bengaluru in November 2023.

Indian real estate is hopeful for major improvements when Finance Minister Nirmala Sitharaman presents Budget 2024. The business anxiously awaiting affordable housing definition extension, industry classification, and tax benefits for homebuyers and developers.

Palava City, built by Lodha, a world-renowned developer, blends urban elegance with natural beauty. This gated community offers unmatched living on 4,500 acres, 800 of which are currently lively villages.