The luxury real estate market in Mumbai is experiencing a remarkable resurgence, with a staggering 50% surge in high-end home sales recorded in the current year, 2023. This substantial uptick in luxury property transactions not only signifies renewed confidence in the market but also underscores the city’s enduring appeal as a hotspot for opulent real estate investments.… Read more

According to the Ministry of Rural Development, 76% of land maps in India have been digitized as of August 11, 2023. This is part of the Digital India Land Records Modernization Programme (DILRMP), which is a government initiative to digitize land records across the country.… Read more

The real estate market in India has witnessed a significant surge in housing prices, with the top 8 realty markets reporting a year-on-year increase of up to 10%. This remarkable growth has left many wondering about the factors driving the country’s housing demand. In this article, we delve into the key drivers behind this upward trend in housing prices.… Read more

In a major stride towards enhancing infrastructure in Nagaland, Union Minister Nitin Gadkari recently unveiled plans for a significant development project in the state. This announcement underscores the government’s commitment to fostering growth, connectivity, and overall progress in Nagaland. In this article, we will delve into the details of the infrastructure development project and its potential impact on the state’s development. … Read more

Maharashtra, one of the most populous and economically active states in India, is poised to benefit significantly from a game-changing plan put forth by the Eknath Shinde administration. With this plan, the real estate business will be streamlined, investments will be attracted, and sustainable growth will be promoted. The government’s aggressive initiatives are anticipated to have broad effects and create new prospects for both developers and homebuyers.… Read more

The deadline to apply for the Mumbai housing lottery has been extended by the Maharashtra Housing and Area Development Authority (MHADA) from June 26 to July 10. Aspiring homeowners in the city eagerly anticipate the MHADA lottery because it offers a chance to find cheap housing. The good news for many potential purchasers who might have missed the original application process is the extension of the deadline.… Read more

Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued notices to 261 real estate projects in the state, which have shown slow progress in the construction and completion of their projects. The authority has taken this step to ensure the timely delivery of projects and to protect the interests of homebuyers who have invested their hard-earned money in these projects.… Read more

Artificial Intelligence (AI) is transforming industries across the globe, and the real estate market is no exception. AI has become an essential tool for real estate companies to analyze market trends, predict property values, and provide better customer service. The use of AI in the real estate market is expected to grow significantly over the next few years. Here are some key trends in AI in the real estate market and developments by regions until 2029.… Read more