THE REALTY NEWS

ANNOUNCEMENT: LAUNCH OF THE REALTY NEWS APP! In light of our exceptional progress over the past year, we are excited to announce the release of our new app, The Realty News. In the last few months, we have been tirelessly working to improve our service, and we believe that The Realty News, now as an app, will help you enjoy your experience with us even more. The Realty News is a web application that compiles real estate-related web content from online newspapers, blogs, podcasts, and video blogs onto a single platform for easy viewing and comprehension. As a real estate news aggregator, our aim is to provide you with the top news in the real estate industry across the globe in a curated version. What makes The Realty News different is the way it provides you with brief, reliable, and real updates at your fingertips. The Realty News app is now available on Android and iOS.  Download now The Realty News - Know More, Stay Ahead iOS - https://lnkd.in/gJunxHe3 Android - https://lnkd.in/gXVEwk6z #realestate #experience #help #video #newspapers #android #ios #content #retail #commercial #residential #research #infrastructure #hospitality #realestatetech #realestatetechnology #proptech #realtech #leasing #therealtynews #app #therealtynewsapp #regulation #governmentpolicy #policy #develpment #coworking #warehousing #warehousingservices #ites #investor #homebuyer #investment #realtor #broker #channelpartner #blogs

India’s luxury housing market skyrockets by 53% in 2024: CBRE report India’s luxury housing market is firmly in the grip of affluenza. Signifying a booster shot for the overall real estate sector, the premium segment has clocked a spectacular 53% year-on-year leap in sales in 2024, powered by maturing consumer tastes and sound economic supports, going by CBRE’s latest market report. Aakash Ohri, JMD and chief business officer, DLF, remarked, “The surge in demand for homes underscores a fundamental shift in people’s perception of homeownership, where the value of having a place to call home has become more apparent. The luxury housing market in NCR has seen an impressive transformation, with luxury segment sales soaring to 45% in the first half of 2024, up from just 3% in 2019." #realestate #property #luxuryhomes #hnwis #nris #homebuyers #demand #growth #expansion #newlaunches #projects #realestatedevelopers #realestateagents #housing #residential #data #report #cbre #therealtynews #dlf DLF Homes DLF Limited CBRE Asia Pacific https://lnkd.in/dtTpTnmx

Office, retail demand push Kochi’s commercial real estate growth The city’s total office space stock grew by 28 per cent in the last three years and stood at 17 million sq ft as of December 2024 Anshuman Magazine, Chairman & CEO, India, Southeast Asia, Middle East & Africa, CBRE, said, “Kochi’s commercial real estate and residential sector is witnessing sustained momentum, driven by the presence of technology firms. As we move forward, continued investments in office spaces and the expansion of Global Capability Centres (GCCs) will further strengthen Kochi’s position as a key commercial hub in South India.” Ram Chandnani, Managing Director, Advisory & Transaction Services, CBRE India,said, “Kochi’s retail landscape is undergoing a significant transformation, fuelled by rising consumer demand and increasing urbanization. Looking ahead, strategic developments in connectivity, sustainability, and smart urban planning will be crucial in shaping Kochi’s next growth phase.” #realestate #property #investors #investments #data #report #commercial #leasing #leasingagents #officespace #officebuildings #realestatedevelopers #leasingagents #demand #growth #retail #brands retailers #malls #highstreetretail #cbre CBRE CBRE Asia Pacific https://lnkd.in/gGbnyi5X

Naukri parent Info Edge sees hiring pick up, mixed trends in real estate Hiring is picking up across both IT and non-IT sectors, with campus recruitment improving and attrition rates rising, according to Hitesh Oberoi, CEO of Info Edge (India), the parent company of Naukri.com. In contrast, the company's real estate vertical presents a mixed picture. While premium homes priced between ₹5-10 crore are selling well, affordable housing under ₹1 crore is facing challenges in cities like Gurugram and Mumbai. #realestate #property #housing #residential #demand #growth #therealtynews #data #report #newlaunches #projects #hiring #realestatedevelopers #realestateagents Info Edge India Ltd https://lnkd.in/gqN2SbDE

Uday Kotak and family buy 12 flats in Mumbai for over ₹200 cr, set national price record at ₹2.71 lakh per sq ft Uday Kotak and his family members have purchased 12 sea-facing apartments for ₹202 crore in a residential complex named Shiv Sagar Building on Worli Sea Face, according to property registration documents accessed by Zapkey.com. Local brokers said that these flats have been bought at a per sq ft price of ₹2.71 lakh, the highest amount ever paid for a residential transaction across the country. #realestate #property #therealtynews #investors #investments #homebuyers #hnwis #nris #luxuryhomes #demand #growth #realestatedevelopers #realestateagents #newlaunches #projects Zapkey https://lnkd.in/guHdReNt

In big relief, buyers can get possession of flats, plots during insolvency process In a big relief for homebuyers, the Insolvency and Bankruptcy Board of India (IBBI) has allowed resolution professionals to hand over possession of plots, apartments, or buildings to homebuyers while insolvency proceedings are ongoing. #realestate #property #housing #residential #law #rera #insolvency #possession #homebuyers #investors #investments #realestateagents #therealtynews https://lnkd.in/gHExDUju

Prestige Group expanding its mall portfolio with new properties in Mumbai and Delhi-NCR Prestige Group is constructing a 2 lakh sq ft mall in Mumbai's Mulund and is awaiting RERA approvals for its mall in Delhi-NCR's Indirapuram. Bengaluru-based listed real estate developer Prestige Group has about 8 million sq ft of malls under construction in Mumbai, Delhi-NCR, Bengaluru, Chennai and Hyderabad, Muhammad Ali, CEO of Prestige Group, Retail told HT.com. #realestate #property #investors #investments #therealtynews #retail #brands #demand #growth #expansion #malls #highstreetretail #leasing #leasingagents #realestatedevelopers #realestateagents Prestige Group https://lnkd.in/grc9fFnc

27 new foreign retail brands enter India in 2024 amid rising consumer demand for luxury items In 2024, 27 new international retail brands entered India, driven by growing luxury demand, nearly doubling from 2023. Key categories included beauty, fashion, and accessories. Delhi-NCR emerged as a top destination, with high-end brands leasing significant space. The influx is fueled by rising urbanization, disposable income, and shifting shopping preferences, enhancing India's dynamic retail market "India has attracted significant attention from international retailers, who have steadily increased their efforts to establish a presence in the country over the past four years," said Rahul Arora - MCR.w, MRICS, CDCDP, Head (Office Leasing & Retail Services), and Senior Managing Director - Karnataka, Kerala, India, JLL. #realestate #property #brands #retail #retailers #demand #growth #investors #investments #leasing #rentals #malls #highstreetretail #data #report #realestatedevelopers #realestateagents #leasingagents # https://lnkd.in/gzJ5AQ62

Godrej Properties, India’s largest residential developer, sees huge room to expand Godrej Properties profit rose 152% profit increase, achieving 71% of its sales goal for 2024-25. The company plans multiple launches in major cities and aims to enhance its market share in India's residential real estate sector amid strong housing demand. Pirojsha Godrej Godrej Properties Limited #realestate #property #housing #residential #demand #growth #investors #investments #report #data #newlaunches #projects #realestatedevelopers #hnwis #nris #luxuryhomes #homebuyers https://lnkd.in/gaQb9YCR

We commit Rs 15,000 crore investment in West Bengal: says Neotia Ambuja Neotia Group, one of East India’s leading business conglomerates, has announced an ambitious investment plan of over Rs 15,000 crores in West Bengal over the next five years. The investments will span across healthcare, hospitality, tourism, residential and commercial real estate, and a first-of-its-kind golf-themed township, reaffirming the Group’s long-term commitment to the state’s economic growth and development. Harshavardhan Neotia AmbujaNeotia Group #realestate #property #investors #investments #development #newlaunches #projects #investors #investments #retail #housing #residential #commercial #hospitality #township #land #homebuyers #luxuryhomes https://lnkd.in/g6wHT3cQ