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PropTech Radar - 31st Dec 2024

MARKET MOVERS

31st December 2024

ADDA bags Gold at World Realty Congress 2024, adjudged ‘Best Tenant Engagement Solution

Adda has been recognized as the best tenant engagement solution at the World Realty Congress 2024, winning a gold award.


NCLT approves Raymond's plan to demerge real estate business

The National Company Law Tribunal has approved Raymond's plan to demerge its real estate business, allowing for focused growth in that sector.


Oberoi Realty to develop 81.05 acres land in Alibaug

Oberoi Realty has announced plans to develop an 81.05-acre plot in Alibaug, expanding its portfolio in the luxury real estate market.


MANA Projects Launches MANA Cresta - Nature-Inspired Homes Rise in Bangalore's IT Corridor

Mana Projects has introduced Mana Cresta, a new residential project featuring nature-inspired homes in Bangalore's IT corridor.

INDUSTRY INSIGHTS

31st December 2024

South India's New Real Estate Boom: Amaravati, Guntur, and Vijayawada on the Rise

Amravati, Guntur, and Vijayawada are experiencing a significant real estate boom, attracting investments and development.


PE investments in India's real estate surge 32%; UAE top contributor

Private equity investments in India's real estate sector are projected to rise by 32% in 2024, with the UAE being a major contributor and Mumbai the top destination.


NearEstate.In Revolutionises Virtual Real Estate

Nearestatein is transforming the virtual real estate landscape with innovative solutions that enhance property transactions.


Gross Leading of office space in India set to reach record levels in 2024

India is set to achieve record levels of gross leasing for office space in 2024, indicating strong demand in the commercial real estate sector.


Brigade Citrine will be India’s first net-zero residential development

Brigade Group is launching Brigade Citrine, which will be India's first net-zero residential development, emphasizing sustainability.


Housing prices surge up to 65% in top 30 Tier-II cities, Raipur stays most affordable

Housing prices have surged up to 65% in the top 30 tier-II cities, with Raipur remaining the most affordable city for homebuyers.


By 2030, 60% of new home buyers will be Millennials and Gen Z in India: JLL Report

A JLL report predicts that by 2030, 60% of new home buyers in India will be millennials and Gen Z, shaping future market trends.


Embassy Office Parks REIT raises Rs 1,000 crore via debt refinancing

Embassy Office Parks REIT has successfully raised ₹1000 crore through debt refinancing to strengthen its financial position.


Mumbai real estate market in 2024: Here are the top 5 land deals worth more than ₹2,500 crore

The Mumbai real estate market is witnessing significant land deals worth over ₹2500 crore, highlighting robust investment activity.

AURUM SPOTLIGHT

31st December 2024

‘Real Estate 2025: Key Platforms Revolutionising the Real Estate Landscape in India’

New platforms are emerging that are set to revolutionize the real estate landscape in India by enhancing efficiency and transparency.

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