Piloting in a wave of innovation in home and property buying deals, the year 2024 has been a revolutionizing one for Indian real estate market. Among the evolving buyers’ interest and fluctuations in economy, the landscape of home buying has witnessed transformative shifts and dynamics. This comprehensive report delves into the groundbreaking performance of Indian real estate and their standout viewpoints that have transformed urban living. Join us to discover the home buying trends, milestones, and insights of industry veterans that have shaped 2024 and left fueling hints for growth and development of the industry.
The residential real estate landscape in 2024 is a practical demonstration of the market adaptability and innovation that paves the way for a bright future where homes are not just built for shelter but to cater to society's evolving needs
2024’s Top Players of Indian Residential Real Estate Market
The year 2024 has seen both well-established and emerging players making waves and strides in residential market. With a large-scale projects and strong brand presence, Godrej Properties, DLF, & Macrotech Developers (Lodha Group) continued to lead the market.
Abhinandan Lodha, Founder, The House of Abhinandan Lodha says, “We are entering into six new locations. We are committing Rs. 3,000 crore investments in these new cities. The company will launch around 5,500 plots in these six new cities by June next year”.
These forerunners have been active in driving growth, particularly in the luxury segments. On the other side, the emerging players like Birla Estates, Sobha, and Tribeca Developers have also shown remarkable contributions. These firms has expanded into new markets focusing on eco-friendly and innovative designs. Their entrance into key cities including Mumbai and Noida has brought fresh diversity and completion in the market.
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