The Indian residential property market reached record highs in the March quarter due to steady economic circumstances and buyer confidence. JLL India reported record residential sales despite increased borrowing rates and property costs.

In 2022, increasing mortgage fees and house purchase prices in India were countered by growing earnings and the expected percolation effect of a fast expanding economy, keeping end-user demand for residential property in India unchanged until 2023.

HDFC Capital Advisors, a subsidiary of India's largest private mortgage lender, has chosen 15 Indian firms for its property technology fund, H@ART.

Luxury residential property sales in Mumbai increased more than twofold year on year to Rs 20,255 crore in 2021, owing to growing customer demand for larger residences with more facilities and cheap mortgage rates.

mortgage lender Housing Development Finance Corporation's (HDFC) private equity real estate arm HDFC Capital Advisors and engineering major Larsen & Toubros' property development company L&T Realty are in advanced talks to establish a Rs 4,000 crore residential development and investment platform.