Mumbai Real Estate News
Mumbai
Asia Pacific Commercial Investment Holds Steady in Early 2025
Asia Pacific's commercial real estate (CRE) investment market held firm in the first quarter of 2025, with total transaction volume reaching $32.8 billion -- a marginal 1% dip from the previous quarter but up 11% year-over-year, according to new data from CBRE.
India Home Prices Nationwide Climbed 9 Percent Annually in 2024
According to data from PropEquity, a leading Indian real estate analytics firm, the weighted average asking price of residential properties across India's top nine cities increased by 9% in FY 2024-25, reaching Rs 13,197 per sq. ft., up from Rs 12,569 per sq. ft. in FY 2023-24.
Global Luxury Residential Prices Showed Gradual Improvement in Late 2024
According to Knight Frank's latest Prime Global Cities Index, the growth of prime residential property prices worldwide is slowly gaining momentum. The annual growth rate climbed in the final quarter of 2024, reaching 3.2%. Although this marks an improvement from the previous quarter, it remains below the 20-year average of 5.3%.
Asia Pacific Commercial Property Investment Spikes 23 Percent in 2024
New data from global real estate consultancy JLL reveals a 23% year-on-year (YoY) increase in commercial real estate investment across Asia Pacific in 2024, totaling $131.3 billion and surpassing 2022 levels. Investment volumes in Q4 alone grew 10% YoY to $34.9 billion, marking the fifth consecutive quarter of YoY growth for the region.
