Mumbai's Million Dollar Question: Boom for Who? Imagine Mumbai's hottest new apartment building selling out in just 𝟕𝟐 𝐡𝐨𝐮𝐫𝐬! That's the frenzy gripping India's financial capital, where a record 𝟖𝟔,𝟎𝟎𝟎 homes were snatched up in Q1 2024. But hold on to your dabbawalas! This property boom caters largely to high-flyers. Over half these homes are luxury apartments exceeding a whopping $𝟒𝟖𝟎,𝟎𝟎𝟎! Meanwhile, affordable options (under $54,000) are scarcer than ever, making up a mere 𝟏𝟗% 𝐨𝐟 𝐬𝐚𝐥𝐞𝐬 – the lowest in a DECADE. Why the stark contrast? Mumbai's skyline is transforming. Think revamped streets, trendy districts with swanky stores rubbing shoulders with colonial architecture, and skyscrapers replacing older homes. This is a full-fledged real estate AND infrastructure boom! ️ However, the party isn't for everyone. The 𝐚𝐯𝐞𝐫𝐚𝐠𝐞 𝐈𝐧𝐝𝐢𝐚𝐧 𝐞𝐚𝐫𝐧𝐬 𝐣𝐮𝐬𝐭 $𝟐,𝟏𝟎𝟎 𝐚𝐧𝐧𝐮𝐚𝐥𝐥𝐲, a far cry from those luxury flats. This boom widens the gap between the wealthy and those priced out entirely. So, is Mumbai's property surge a golden opportunity or a gilded cage? For developers like DLF Limited selling out luxury apartments in a flash, it's a roaring success. But it also exposes a growing divide within the city. As Mumbai reaches for the sky, 𝐭𝐡𝐞 𝐦𝐢𝐥𝐥𝐢𝐨𝐧-𝐝𝐨𝐥𝐥𝐚𝐫 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧 𝐫𝐞𝐦𝐚𝐢𝐧𝐬: will the dream of owning a home stay grounded for the average citizen? #realestate #explore #luxury #Mumbai #latestupdate #milliondollar #news #foryourpage #nyc
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#Hyderabad takes lead in luxury #housing supply, sets record in Q3 2023: Hyderabad has emerged as the go-to destination for luxury housing in India, surpassing all other cities in the country. The State’s capital witnessed an extraordinary surge in new luxury housing supply, with approximately 14,340 units hitting the market in the third quarter of 2023. This number far outpaced other cities, showcasing the city’s strong demand for high-end living, latest date from Anarock report said. Q3 2018, a mere 210 luxury units were introduced in the city. Fast forward to Q3 2023, and #hyderabad boasts a staggering 14,340 luxury units, accounting for nearly 46 per cent of the total new luxury housing supply for the quarter. Developers have shown strong confidence in the #luxuryhomes segment because of its exceptional performance following the pandemic. Sales have surged across India’s top seven cities, driven by post-pandemic homebuyers who are looking for larger homes with top-notch amenities and prime locations. For any doubts regarding hyderabad real estate maket and investment options or investments guide and investment counselling , Locations clarity , legal awareness , you can always reach me out at following number. Mobile:- +91 8686530910 for more details. #hyderabadrealestate #realestate #homebuying #luxuryhomes #kollur #hitechcity #budgetfriendly
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Mumbai secures the 4th global position for surging luxury home prices among 46 prominent cities. But does this imply that #affordablehousing is no longer an option in the city? Mumbai boasts a diverse population with varying incomes and backgrounds, where owning a home is a necessity. Today, rising income levels and multiple earners per household have made luxury homebuying a possibility. At Evershine Group, we understand the significance of home ownership. We firmly believe that every home is unique. Our enduring commitment has always been to provide homes that are both affordable and luxurious. Our upcoming project, Evershine Amavi 303 in Global City, Virar, offers a range of luxurious amenities without imposing a heavy financial burden. As Mumbai thrives as a global hub for luxury homes, we aim to set a new benchmark by ensuring luxury and affordability coexist harmoniously. To know more: https://lnkd.in/gk_8m5JJ Read More: https://lnkd.in/gN9_vK8J #RealEstateTrends #LuxuryHomes #AffordableLiving
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India's luxury housing market is booming in 2024, driven by economic growth. Cities like Mumbai are seeing record sales of high-end homes, showing a strong demand for upscale living. For more information, follow the link: https://lnkd.in/gdqZRMaH #therealtytoday #TRT #therealtytodaynews #therealtytodayupdates #LuxuryRealEstate #MumbaiHousing #HighEndProperties #RealEstateIndia #PremiumHomes #PropertyMarket
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We are overjoyed to declare that today is a Red Letter Day for Pranathi Kiara, as we proudly take the stage to accept the esteemed Silicon India Real Estate Awards' Top 10 Real Estate Companies in Hyderabad accolade! 🌼 Our goal has always been to provide high-quality houses that are more than just places to live. It's about designing experiences, lifestyles, and dreams. Without your steadfast confidence and support, we would not have succeeded in this. 🏥 We're enthusiastic about what the real estate sector has in store for us going forward. We're dedicated to setting the standard higher and producing amazing homes that transform contemporary living. Await the exciting things to come! We appreciate your participation in our adventure, everyone! #pranathikiara #luxuryhomes #Gatedcommunity #ongoingprojects #2bhkflatforsale #3BHKFlats #2BHKFlats #realestate #realestateintellapur #luxuriouslifestyleforever #realestate #home #bhk #dreamhome #luxuryhomes #property #hyderabad #forsale #luxuryrealestate #luxuryliving #amenities #luxurylifestyle #hyderabadrealestate #apartments #modernhomes #gatedcommunityapartments #clubhouse #modernhomesforsale #gatedcommunitylife #luxuryhomesforsale #homedesign
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#DigitalCyril @ #HappeningHyderabad | Strategic Branding & Digital Marketing Consultant | Social Media Manager | Lead Generation- Google Ads, Facebook Ads that drive Sales | Growth Marketing | Ex - HSBC & Bank Of Amerca
#Hyderabad Emerges as Leading Luxury Housing Market, Beats #Bengaluru and #Delhi During the third quarter of 2023, Hyderabad saw a significant rise in the supply of luxury residences, exceeding Mumbai and Delhi, the two major cities in the country. According to ANAROCK data, the city accounted for 46% of all luxury residences launched in the top seven city markets, with 14,340 units priced over Rs 1.5 crore.This figure represents the highest quarterly supply of luxury housing in the past five years. The #Mumbai Metropolitan Region (MMR) followed Hyderabad closely, with approximately half the volume of luxury home launches at 7,830 units during the same period. Meanwhile, the National Capital Region (NCR) witnessed nearly a quarter of the luxury home supply seen in Hyderabad. The surge in the supply of luxury homes in Hyderabad underscores the city's position as a leading destination for premium real estate investments, attracting homebuyers seeking upscale residences with generous floor space and luxurious amenities. Happening Hyderabad Deccan Progressive Realty LLP. Dezign Shark pic: Prudhvi Chowdhary #RealEstate #Housing #India
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I help Founders, CEOs, Creators & Corporates 20X their Brand Growth Organically |LinkedIn Top Voice| Ghostwriter | Market Research Expert |Provided 70 Mn+ views for 100+ Clients |Content Marketing |Social Media Marketing
795 luxury flats gets sold for Rs 5590 Crore in only 3 days! Earlier, one similar 25 acre real estate project including 1137 luxury flats got sold in Gurugram for Rs 7200 Crore in few minutes in January this year. DLF’s latest project DLF Privana West consists of 795 flats across 12572 acre as an integral part of 1.16 Lakh acre DLF Privana, located within sector 76 and 77 of Gurugram. With 5 towers, 795 residences are 4 BHK and penthouses which includes 3 to 4 car parks. 3 reasons behind high demand of residential properties in Gurugram: 1. NRIs have bought a significant part of this project. 2. The luxury flats involve a well-connected community and greenery. 3. People (HNIs) are seeing real estate as a way to invest for the long term. Last year, DLF Limited committed to launch projects worth Rs 80000 Crore in 4 years. It has already crossed pre-sales booking of Rs 13000 Crore in FY24. After the pandemic, India’s housing market is showing massive demand in tier-1 and tier-2 cities. This is only a small example! P.S.- Common people generally buy 1 house or 1 flat in their lifetime in metro cities, NRIs and riches are buying flats like crazy. What are the other reasons behind this huge demand? Do you think is it a new trend where NRIs coming back to India? Follow #debcreates and Debonkar Roy now for such case studies on India, brands, and CEOs! #india #investing #realestate #money #finance
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As demand for housing in the mid and luxury segments scale, developers are encouraged to launch new premium projects in Mumbai; around 21% of new launches in Q2 2023 were over the INR 2.5 crore range. Real estate players seek land parcels spanning 3.5-4 million sq.ft. that can be turned into mixed-use developments boasting luxury residences and commercial spaces. However, the scarcity of land in Mumbai poses a hindrance to these ambitions. Piyush Gupta speaks with BQ Prime on how developers navigate the scarcity challenge in large land deals. Read here - https://ow.ly/1tN850POe9V Know more about Piyush's expertise: https://ow.ly/y23Z50POei0 #ColliersIndia #IndiaRealEstate #capitalmarkets #investment #india #mumbai #housingdemand
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Mumbai's Million Dollar Question: Tiny Flats or Big Dreams? Mumbai's real estate market is a wild ride! This week alone we've seen: ✅ A 323 sq ft flat go viral for its (eye-watering) price tag. Is this the future of tiny living in Maximum City? ✅ Luxury continues to boom, with a new ultra-luxury project promising sky-high living (and a sky-high price tag to match). ✅ Infrastructure projects like the Metro and Coastal Road are inching closer, promising better connectivity and potentially impacting property values. ✅ What do you think, Mumbai fam? Are these trends a sign of a thriving market or a market reaching for the stars (and missing?) Let's chat in the comments! #MumbaiRealEstate #TinyLiving #LuxuryLife #InfrastructureProjects #InvestmentProperty
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Breaking Records: Mumbai's Luxury Residential Sales Skyrocket by 50% in January-June! In a testament to Mumbai's real estate market's resilience and allure, luxury home sales priced at Rs 10 crore and above have soared by an impressive 50%, totaling a staggering Rs 11,400 crore during January-June 2023! This resurgence has catapulted real estate back into the portfolios of Ultra High Net Worth Individuals (UHNIs). With wealth creation in India experiencing rapid growth and Mumbai on track to become one of the top 20 cities with the highest number of millionaires by 2023, there's an inherent strength in Mumbai's luxury housing market that is expected to continue in the future. In the first half of 2023, luxury housing sales have surged beyond expectations, crossing a remarkable Rs 11,400 crores, even surpassing the combined annual sales of 2018-2020. Among the top 10 localities, Worli accounts for 31% of luxury sales, while Malabar Hill takes the spotlight, recording the highest year-on-year increase of 481% in the value of luxury homes sold during this period, amounting to a remarkable Rs 1,580 crore. As the city continues to thrive, Sayaji Realty, renowned for redeveloping properties across Mumbai, is ready to continue contributing to the ever-evolving landscape of luxury living in the city. Source: The Economic Times #SayajiRealty #SayajiGroup #Redevelopment #SustainableHousing #RedevelopmentRevolution #BuildingABetterTomorrow #IndiaRealEstate #MumbaiRealEstate #PremiumLiving #PropertyInvestment #FutureOfRealEstate #DreamHomes #ResidentialSector #RealEstateRevolution #LuxuryResidentialSales #MumbaiLiving #ProsperousFuture
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Wondering which Indian city reigns supreme in the realm of real estate? Look no further than Mumbai! The crown for India's richest city in terms of real estate goes to... Mumbai! This bustling metropolis boasts sky-high property values and a thriving luxury market. Mumbai's Real Estate Extravagance: · Imagine apartments with breathtaking sea views, infinity pools, and private helipads – that's Mumbai's luxury scene. For instance, a recent record-breaking purchase saw a 3 BHK soar to a staggering ₹170 crore in Worli! · Prime locations like Cuffe Parade and Bandra offer not just space, but prestige and exclusivity. These areas consistently command jaw-dropping price tags. While sky-high prices grab headlines, real estate wealth is multifaceted. Mumbai offers: · Continuous Development: Infrastructure projects and new construction keep the market vibrant and future-proof. · Attractive Rental Yields: Investors seeking stable returns find Mumbai's rental market highly lucrative. Intrigued by Mumbai's Real Estate Potential? Let's connect! I can provide insights into current trends, showcase exclusive listings, and help you unlock the potential of this dynamic market. What are your thoughts? Share your views on India's real estate landscape in the comments below. #MumbaiRealEstate #RichestCity #InvestmentOpportunities #IndianMarketInsights --------- Ready to take the next step in your real estate journey?👇🏼 Contact us today: info@primonproperties.com Visit our website: https://lnkd.in/dZy9EzrH Let's turn your real estate goals into reality!
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