Gurugram, one of India’s prime real estate hubs, has witnessed a significant surge in housing sales in 2024, crossing an astonishing Rs 1.07 lakh crore, according to recent reports. This remarkable growth showcases the city’s increasing appeal among homebuyers and investors alike.
Signature Global, a leading real estate developer, has announced a massive investment of Rs 4,000 crore for two new projects in Gurugram. The investment aims to redefine luxury and affordable housing in one of India’s fastest-growing real estate markets.
With the new financial year approaching, property owners in Bengaluru must clear their pending property tax dues before March 31, 2025. Starting April 1, the Bruhat Bengaluru Mahanagara Palike (BBMP) will impose a 100% penalty on outstanding property tax, along with additional interest charges. This move is part of the city's effort to improve tax compliance and boost revenue collection.
The real estate landscape in Noida is set for a significant shift as the Uttar Pradesh government has announced a sharp increase in circle rates, effective from April 1, 2025. Property buyers, investors, and developers will need to recalibrate their financial plans as circle rates are expected to rise by up to 70%. This move aims to align the government-notified property prices with the prevailing market rates and boost revenue generation.
India’s real estate sector is experiencing major shifts, with a surge in luxury housing demand, increased investments from top developers like DLF and Trump Organization, and regulatory changes such as Noida’s circle rate hike of up to 70% from April 1, 2025. While housing sales dipped in Q1 2025, cities like Bengaluru and Delhi-NCR showed resilience. Additionally, legal and environmental concerns are impacting major projects. With rising property prices and evolving trends, investors and homebuyers need to stay updated to make informed decisions.
Delhi, the heart of India, has long been a sought-after destination for homebuyers and investors. However, in recent years, the skyrocketing property prices have placed the dream of owning a home beyond the reach of the middle class. As land prices surge and new infrastructural developments push real estate values even higher, the gap between affordability and ownership continues to widen.