Numax Realcon bets on Tier-2 cities, targets Rs 300-cr festive sales
With expansion plans across Tier-2 and Tier-3 cities, Numax is positioning itself as a township specialist.
With expansion plans across Tier-2 and Tier-3 cities, Numax is positioning itself as a township specialist.
Despite REIT guidelines being introduced in 2014 and the first listing only in 2019, the Indian REIT market accounts for just 20% of institutional real estate.
Fueled by supportive policies, envisaged demand traction and rising developer as well as investor interest, Indian real estate is poised for decades of growth acceleration across most asset classes.
A material rise in the average selling prices (ASP) of residential units by more than 10% annually from FY2023 to FY2025 continues to pose a drag on affordability of buyers.
Since 1995, these urban agglomerations — spanning Ahmedabad, Bengaluru, Chennai, Delhi NCR, Hyderabad, Kolkata, Mumbai MMR, and Pune — have collectively added 2,136 sq. km. of built-up area, reshaping skylines and driving economic diversification.
These infra corridors combine connectivity, affordability, and long-term growth potential, making them the new housing hotspots.
Khar is recognized as one of Mumbai’s most established and high-value real estate markets, offering a combination of premium residential and commercial properties.
The ANAROCK Consumer Sentiment Survey for H1 2025 finds that demand for RTM homes is declining - and is, in fact, at the lowest end of the preference chart.
The foundation stone was laid for four of the six busports being developed by BeTogether under the PPP model.
With this deal, Max Estates’ GDV pipeline expands from Rs 14,000 crore to over Rs 17,000 crore, comprising multiple projects across Gurugram and Noida scheduled for launch from Q3 FY26 onwards.