Real Estate This Week
This week in real estate, we spotlight major developments, shifting market trends, and the push for sustainability. While Macrotech Developers and Mahindra Lifespaces announce large-scale projects in Bengaluru, the mid-segment housing market is slow. Meanwhile, the upcoming Budget could introduce key incentives for green real estate. Inclusivity remains a challenge, with women making up just a fraction of India’s real estate workforce.
1.???? Real estate remains one of the least inclusive sectors for women with only 70 lakh females among 7.1 crore workers employed in the Indian realty industry, according to a report. Read more
2.???? Macrotech Developers plans to develop housing projects across 64.4 acres in Bengaluru with a potential gross development value of ?8600 crore. Read more
3.???? Amid soaring real estate prices, mid-segment apartment demand sees a decline in Q2 CY2024. Read more
4.???? What’s in store for real estate? The upcoming Budget could provide tax incentives for developers using energy-efficient designs, while government-backed green bonds finance eco-friendly projects. Read more
5.???? Mahindra Lifespaces acquires 8.2 acres of land in Bengaluru with a GDV of ?1,000 crore. The project will primarily feature mid-premium residential apartments catering to the rising demand for quality housing in Bengaluru. Read more
As the Indian real estate market evolves, investors, buyers, and developers must stay informed about the latest trends and policy changes. For expert guidance and personalized advice, contact Stanley Estates, your trusted partner in real estate investments.