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Showing posts from August, 2024

Mumbai Residential Market Poised to Achieve ₹2 Lakh Crore Milestone in Sales by 2030, Reports JLL

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  Mumbai, August 30, 2024 – Mumbai’s real estate landscape is gearing up for substantial growth, with residential sales projected to surpass ₹2 lakh crore by 2030, according to the latest findings by JLL, a global leader in real estate and investment management. This anticipated milestone reflects Mumbai’s enduring appeal as a premier investment destination in India. In 2023, Mumbai’s residential market saw sales exceed ₹1 lakh crore, a testament to its resilience and attractiveness to investors. The momentum is expected to continue in 2024, with sales forecasted to rise above ₹1.35 lakh crore. The Mumbai Metropolitan Region (MMR) is witnessing robust activity, with primary residential market sales on track to surpass ₹1.35 lakh crore this calendar year. Key infrastructure projects such as the Mumbai Trans Harbour Link (MTHL), Navi Mumbai Suburban Rail, and expanding Metro networks have played a pivotal role in boosting connectivity throughout Mumbai and its outskirts. This enhanc...

Bangalore Real Estate Insights: Trends and Opportunities in 2024

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 In 2024, Bangalore’s real estate market continues to evolve, reflecting its status as a major global tech hub. The city’s real estate landscape is characterized by robust residential demand, thriving commercial sectors, and emerging investment opportunities. Residential Market Bangalore’s residential real estate remains dynamic, with high demand concentrated in areas like Whitefield, Sarjapur Road, and North Bangalore. These locations are favored for their proximity to tech parks and corporate offices. A notable trend is the rise of integrated townships, which combine residential, commercial, and recreational spaces, enhancing convenience and community living. Sustainable and smart homes are gaining traction, driven by growing environmental awareness and technological advancements. Features such as energy efficiency and home automation are increasingly sought after, influencing new developments and renovations. Commercial Real Estate The commercial real estate sector continues to ...

Mumbai Properties and Developers: A Snapshot of the City's Real Estate Landscape

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  Mumbai Properties and Developer The city of Mumbai exerts a powerful pull on property investors. From luxury apartments in South Mumbai and Bandra to affordable housing in Thane and Navi Mumbai, the city offers a variety of exciting real estate investment opportunities. The Mumbai real estate market also includes a variety of commercial spaces suitable for a host of businesses. The Mumbai Metropolitan Region (MMR) is undergoing several infrastructure projects to improve its connectivity, which will help drive demand for residential and commercial property in the coming years. One of the most coveted locations in Mumbai for both residents and investors is Chembur. Its well-planned infrastructure, proximity to commercial centers, and easy access to public transportation makes it a sought-after destination. A wide range of restaurants, malls, and hospitals add to its appeal. As a result, it is home to many renowned companies and attracts professionals from across the country and abr...