Mr. Jayesh Rajpurohit

India's residential real estate market is on the cusp of transformation as the country gears up to achieve a USD 40 trillion GDP by 2047. With a goal to build 100 million homes by the end of this decade, 2025 is set to be a defining year for the housing sector. Government initiatives such as the Pradhan Mantri Awas Yojana and smart city projects are driving affordability and sustainability. Meanwhile, advancements in technology and a growing demand for custom-built homes are reshaping buyer preferences. Tier-2 and Tier-3 cities are emerging as promising markets, offering affordability and decentralised growth opportunities. Together, these developments are laying the groundwork for a progressive and inclusive housing future in India.Read more

Mr. Parthh K Mehta, CMD, Paradigm Realty

Social media is revolutionising home-buying trends, with platforms like Instagram and Pinterest influencing preferences even before property searches begin. Millennials, the largest group of contemporary buyers, prioritise homes that complement their online personas, valuing aesthetics, luxury, and eco-friendly features. The trend towards curated, wellness-centric spaces reflects the desire for aspirational lifestyles shared on social platforms. Developers who anticipate and adapt to these evolving preferences can tap into this dynamic market segment effectively.Read more

The Haryana government has committed to providing housing to underprivileged families under the Mukhyamantri Gramin Awas Yojana and Pradhan Mantri Gramin Awas Yojana. Plots measuring 100 square yards will be allotted in phases within developed colonies featuring essential amenities. An allocation of INR 100 crore has been earmarked for the initiative. The schemes target families with annual incomes below INR 1.80 lakh who lack property or housing. The government is facilitating financing options to ensure accessibility, with provisional allotment letters already issued to some beneficiaries.Read more

The Adani Group is reportedly in advanced discussions with Dubai-based Emaar Properties to acquire a 70-100% stake in Emaar India for INR 4,000 to INR 5,000 crore. Emaar India's projects are primarily located in prime areas across cities like Delhi-NCR, Mohali, Lucknow, Indore, and Jaipur. This acquisition, likely to be Adani's largest real estate purchase, is expected to be funded privately through family wealth. Adani Realty is also engaged in other ventures, including the Dharavi redevelopment and luxury projects in Mumbai.Read more

Shriram Housing Finance (SHF) has rebranded as Truhome Finance after being acquired by Warburg Pincus and its co-investors, including Qatar's sovereign wealth fund, QIA. The rebranding follows the completion of Warburg Pincus' purchase of Shriram Finance's entire stake (84.44%) in SHF for INR 3,929 crores. Truhome Finance's MD & CEO, Ravi Subramanian, reaffirmed the company's core mission of providing affordable home loans, with a commitment to quality and customer satisfaction. The leadership team and contact details will remain unchanged, ensuring smooth business continuity. Warburg Pincus sees this acquisition as an opportunity to further financial inclusion in underserved communities.Read more

Delhi's Omaxe Chowk has added to its retail lineup with the launch of the iconic House of Surya, a four-generation staple in women's ethnic wear. The 24,000 sq ft store was inaugurated by Bollywood star Malaika Arora, drawing over 2,000 visitors. Featuring bridal couture and ready-to-wear collections, the store blends Chandni Chowk's rich traditions with modern shopping. Jatin Goel, Omaxe Group's Executive Director, highlighted its alignment with the area's cultural heritage. The store aims to uplift artisans and weavers while attracting shoppers to the vibrant destination. Omaxe Chowk continues to grow as a premier hub for ethnic fashion and culture.Read more

Macrotech Developers, operating under the Lodha brand, has acquired a 20-acre land parcel in Bengaluru for a housing project with a gross development value (GDV) of INR 2,800 crore. The acquisition includes both outright purchases and a joint development agreement. This marks the company's fifth project in Bengaluru, a market it entered a few years ago. The firm has recorded a 20% growth in sales bookings for the 2023-24 financial year and aims to achieve a target of INR 17,500 crore in the current fiscal year.Read more

K Raheja Corp Real Estate Pvt Ltd, a prominent Mumbai-based developer, has purchased a 5.75-acre land parcel in Kandivali East's Ashok Nagar for INR 466 crore, as per documents accessed via CRE Matrix. The acquisition, finalised recently, involved a stamp duty payment of INR 3.17 crore. The company has paid INR 210 crore as a deposit, with a five-year timeline to obtain necessary approvals from the Brihanmumbai Municipal Corporation (BMC). This deal is part of K Raheja Corp's consistent efforts to strengthen its presence in Mumbai's real estate market.Read more

Hyderabad's Grade A office space market faces rising vacancy rates, projected to reach 24-24.5% by March 2026, up from 14.1% in March 2023, according to ICRA. Despite a 14% CAGR in office supply between FY 2017-2024, demand, driven primarily by IT and financial services, remains constrained at 9-12 million sq. ft. annually. Key areas like Hitech City are maintaining stable vacancies at 9.5-10%, while Gachibowli and the Financial District may see vacancies soar to 25-30%. As Hyderabad's share of India's office supply grows from 15% to 17%, stakeholders must adapt to tenant preferences for sustainable, tech-enabled spaces in a competitive market.Read more

Property owners in DLF City, Gurugram, particularly in phases 1-5, face scrutiny for widespread illegal construction and unauthorized commercial activities. The Department of Town and Country Planning (DTCP) has identified violations in 4,183 properties, issuing 1,138 notices so far, with a January 31 deadline for compliance. Key violations include unauthorized multi-story buildings and misuse of residential properties for paying guest accommodations and guesthouses. Despite DTCP efforts, legal obstacles and court stays on 167 cases have hindered enforcement. With the Punjab and Haryana High Court set to review the case on January 15, stricter enforcement and compliance are critical to preserving residential zoning integrity.Read more