Real Estate Radar

A real estate blogger shares expert tips, trends, and advice on buying, selling, investing, and home design, helping readers make informed property decisions.

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Bengaluru’s ₹1 crore homes: A realistic fit for dual‑income couples, an uphill battle for solo homebuyers

Housing prices in India’s tech capital have skyrocketed over the past decade, turning what was once a middle-class dream into an expensive gamble. In most city pockets today, even a modest 2BHK apartment costs upwards of ₹1 crore, while larger 3BHKs easily cross ₹1.5–2 crore. Yet, despite the soaring rates, most projects are sold out even before completion. This contradiction, between affordability and demand, has found a raw voice on Reddit, where one Redditor asked, ‘How are people affording these apartments costing more than ₹1 crore?’

Several Redditors pointed out that the new homebuyer demographic has shifted. “DINK – Double Income No Kids,” one comment read, explaining that dual-salary couples earning ₹3–4 lakh a month can afford EMIs that earlier generations couldn’t dream of. “My sister and her husband booked a ₹2 crore apartment in North Bengaluru four years ago. Together, they probably take home ₹4 lakh a month after tax,” said one Redditor.

Rising rents in tech corridors are another trigger. A 2BHK in Whitefield or Outer Ring Road now rents for ₹35,000– ₹45,000 a month. “So people want to buy instead of paying rent, especially with metro expansion improving connectivity,” another commenter wrote.

Developers, several users said, have priced their projects for dual-income families. But that pricing logic has widened the gap between perception and affordability for single earners. “These flats are designed for two salaries. For one person, it’s simply out of reach,” one post observed.

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G Square Realtors Responds to Income Tax Raids: Full Cooperation, No Allegations of Wrongdoing

In April 2023, the Income Tax (I-T) Department conducted routine searches at over 50 locations linked to G Square Realtors, one of Tamil Nadu's leading real estate firms. These inspections were part of a broader effort by the I-T department to ensure tax compliance within the real estate sector.

Managing Director's Statement on I-T Raids and Allegations

Following the searches, G Square Realtors’ Managing Director, Bala Ramajeyam, clarified the company's stance, stressing its commitment to transparency and compliance with legal standards. Ramajeyam categorically denied all allegations of political connections, as well as the claims about the company’s inflated net worth, calling them false and malicious.

I-T Department’s Findings and G Square Realtors’ Response

The I-T department has yet to release an official statement regarding the findings from the raids. Nevertheless, G Square Realtors has expressed confidence that the ongoing investigations will validate the company’s operations and put to rest any misconceptions surrounding its business practices.

Commitment to Ethical Business Practices and Transparency

G Square Realtors emphasized that the raids were part of routine procedures aimed at ensuring tax compliance in the real estate industry. The company has actively addressed the allegations, reinforcing its commitment to ethical business practices, transparency, and full cooperation with the authorities.

Conclusion: A Transparent and Ethical Real Estate Firm

In summary, the Income Tax raids on G Square Realtors were standard inspections aimed at verifying the company's adherence to tax regulations. G Square Realtors continues to uphold its values of transparency, integrity, and ethical conduct, ensuring that stakeholders have confidence in its business operations.

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The Future of Real Estate in India: Trends and Predictions for 2025 and Beyond

Pune, 04 February 2025: As India looks toward 2025 and beyond, the real estate sector is poised for significant transformation, driven by advances in technology, shifting consumer preferences, and evolving regulatory landscapes. Key trends are emerging that will reshape the future of the industry, impacting both residential and commercial spaces.

Technological Integration in Real Estate

Technology is no longer a futuristic concept for real estate; it’s already an integral part of the industry and will accelerate in the coming years. PropTech, driven by Artificial Intelligence (AI), Machine Learning (ML), and the Internet of Things (IoT), will revolutionize how properties are bought, sold, and managed. Virtual and augmented reality will enable prospective buyers to conduct remote home viewings, while blockchain technology will enhance transparency, security, and streamline transactions, minimizing fraud.

The rise of smart homes, equipped with IoT devices, will increase, providing greater convenience, energy efficiency, and overall enhanced living experiences for residents. Technology is set to redefine the industry, bringing improved efficiencies across property management and transactions.

Sustainability and Eco-Friendly Developments

Sustainability is shifting from a preference to a necessity in real estate development. Green buildings, designed with energy-efficient materials and technologies, are expected to become the standard. With initiatives like the Smart Cities Mission and government support for green building codes, sustainable real estate practices are set to grow. Rainwater harvesting, solar energy utilization, and waste management systems will become integral to construction projects. Properties that meet green standards will be more attractive to buyers and investors due to their long-term benefits in reducing utility costs and improving living conditions.

Affordable Housing Boom

Affordable housing remains a priority as urbanization continues at a rapid pace, and the growing upper-middle-class segment demands more housing options. Government initiatives such as PMAY (Pradhan Mantri Awas Yojana) are driving this trend, and developers are responding with projects aimed at first-time homebuyers and lower-income groups. The introduction of prefabricated and modular construction methods will cut down construction times and costs, making affordable housing more viable. Additionally, financial institutions are offering flexible home loan provisions, making it easier for more customers to achieve homeownership.

Urbanization and Infrastructure Development

India’s urban population is set to grow significantly, leading to increased demand for both residential and commercial spaces in cities. The development of infrastructure will play a critical role in this urban growth, as improved transportation, utilities, and social amenities will make certain locations more desirable for new residents and businesses.

In conclusion, the future of real estate in India is marked by technological advancements, sustainability, affordable housing solutions, and the continued urbanization of the country. These trends will not only shape the sector’s landscape but will also provide opportunities for investors and homeowners looking to tap into the evolving market.

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Sonakshi Sinha Sells Luxury Apartment in Bandra for ₹22.5 Crore, Records 61% Appreciation

Bollywood actress Sonakshi Sinha has sold her luxury apartment in Bandra West, Mumbai, for ₹22.5 crore, marking a significant 61% appreciation in just five years. The transaction, which was officially registered in January 2025, saw the property, located in the upscale 81 Aureate project by MJ Shah Group, change hands.

The apartment, which spans a carpet area of 4,211 sq. ft. and a built-up area of 4,632 sq. ft., also includes three car parking spaces. Sinha had originally purchased the property in March 2020 for ₹14 crore. The sale comes with additional charges, including a stamp duty of ₹1.35 crore and registration fees of ₹30,000.

Situated in one of Mumbai’s most prestigious neighborhoods, Bandra West, the 81 Aureate project has seen strong demand, with eight registered transactions totaling ₹76 crore between February 2024 and January 2025. The average resale price for a 4BHK in the project is ₹51,636 per sq. ft., with monthly rentals for similar apartments standing at around ₹8.5 lakh.

Bandra West continues to be a prime residential destination for celebrities and business elites, owing to its proximity to key business hubs like the Bandra Kurla Complex (BKC) and excellent connectivity, including the Bandra-Worli Sea Link and upcoming metro developments.

Despite the sale, records show that Sinha still owns another apartment in the same building. Known for her diverse roles in films like Dabangg, Lootera, Akira, and Mission Mangal, Sinha has expanded her business interests with the launch of SOEZI, a brand specializing in press-on nails.

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Mumbai's Real Estate Boom: How a ₹1,000 Investment 100 Years Ago Would Have Turned Into a Fortune

In a recent LinkedIn post, financial expert Rishabh Zaveri shared a fascinating case study that demonstrates the extraordinary rise of Mumbai's real estate market over the past century. Zaveri’s post, titled ‘Inflation, Time, and Real Estate: A 100-Year Case Study in Mumbai’, explores how a modest land investment made in 1925 could have transformed into generational wealth today.

A Look Back: Land Prices in 1925

Zaveri takes us back to 1925 when land in Bandra, Chembur, and Ghatkopar was priced between ₹3 and ₹6.80 per square yard. These areas, now bustling neighborhoods, were then emerging suburbs far from Mumbai's high-value real estate zones.

Staggering Growth in Land Values

Fast forward 100 years, and the transformation is nothing short of astonishing. In Ghatkopar West, land prices have surged to around ₹190,000 per square yard, while in Bandra West, the rate has climbed even higher to ₹378,000 per square yard. This represents an increase of nearly 19,000 times in Ghatkopar alone, showcasing the incredible appreciation of property in Mumbai.

Key Insights from Zaveri’s Study

Zaveri's analysis highlights some crucial lessons for investors:

Inflation Erodes Cash Value: Over time, the purchasing power of money diminishes. Simply holding onto cash results in wealth depreciation, making long-term investments vital.

Time Rewards Asset Holders: Those who invested in land in 1925, knowingly or unknowingly, have built generational wealth as property values appreciated exponentially.

The Power of Strategic Investment: Whether in real estate, stocks, or other assets, investing wisely and patiently is key to long-term wealth creation. The Mumbai real estate market, with its 10-12% average annual return, is a prime example of how compounding works over time.

The Value of Compounding: Small investments, if allowed to grow uninterrupted over decades, can result in massive returns, reinforcing the importance of starting early.

Zaveri’s conclusion poses a thought-provoking question for readers: "What could ₹1,00,000 wisely invested today be worth for future generations?"

Mumbai's Real Estate Legacy

From plots priced at ₹3 per square yard in 1925 to ₹378,000 per square yard in 2025, the journey of Mumbai’s real estate market is a powerful reminder of how inflation, time, and strategic investments can not only shape individual wealth but also leave lasting legacies for future generations.

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Bala Ramajayam Leads G Square Housing Expansion into Hyderabad’s Real Estate Market

Square Housing, led by visionary entrepreneur Mr. Bala Ramajayam, is making a major entry into the booming Hyderabad real estate market. With an established presence in cities such as Chennai, Coimbatore, Trichy, Hosur, Mysuru, and Ballari, G Square Housing is now poised to tap into the potential of Hyderabad, further strengthening its position as South India’s largest plot promoter.

Strategic Focus on High-Growth Locations in Hyderabad

G Square Housing’s latest venture will focus on launching premium residential and commercial developments in key Hyderabad areas, including BN Reddy Nagar, Nagarjuna Sagar Road, and Shadnagar—an area located close to the upcoming Microsoft Data Center. These prime locations are set to witness rapid growth, providing excellent opportunities for real estate investors and property buyers in Hyderabad.

Proven Track Record of Success

With over 60 successful projects and a client base of more than 4,500 satisfied customers, G Square Housing has earned a reputation for excellence in delivering high-quality residential and commercial plots. The company has already developed and delivered over 1,000 acres of prime land across South India and is now bringing its expertise to cater to the rising demand for ready-to-build plots in Hyderabad.

World-Class Infrastructure and Premium Amenities

Each of G Square’s upcoming projects in Hyderabad will feature world-class infrastructure and modern amenities tailored to meet the needs of discerning property buyers. G Square Housing promises ready-to-build residential and commercial plots, complete with post-purchase construction guidance. Furthermore, the company guarantees 100% clear documentation and offers five years of free maintenance, ensuring a smooth and hassle-free property ownership experience.

Visionary Leadership by Mr. Bala Ramajayam

G Square Housing’s expansion into Hyderabad is driven by the vision of its owner, Mr. Bala Ramajayam, who expressed excitement about the new market. “We are thrilled to bring our quality-driven real estate projects to Hyderabad. Having established a strong presence in Tamil Nadu and Karnataka, we are now focused on making Hyderabad one of our key markets. The city’s dynamic real estate demand aligns perfectly with our commitment to providing value-driven projects,” he shared.

Setting New Standards in Real Estate Development

Under the leadership of Mr. Bala Ramajayam, G Square Housing continues to set new benchmarks in the real estate industry. The company is known for its transparency, quality, and customer satisfaction, cultivating long-term relationships with clients. These core values have been essential to G Square’s success and will continue to fuel its expansion in Hyderabad’s fast-growing real estate market.

Conclusion: G Square Housing’s Impact on Hyderabad’s Real Estate Market

G Square Housing’s strategic expansion into Hyderabad represents a pivotal moment in the company’s journey as a leader in South India’s real estate sector. By introducing premium projects with world-class amenities and a focus on quality and customer satisfaction, G Square is poised to reshape the Hyderabad real estate landscape. This expansion not only offers rewarding investment opportunities for homebuyers and investors but also ensures continued growth and success, thanks to Mr. Bala Ramajayam’s visionary leadership.

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Budget 2025 Boosts Real Estate Stocks: Key Announcements Impacting Sector

Shares of major real estate players such as DLF, Sobha Ltd, Oberoi Realty, Prestige Estates, Phoenix Mills, and Macrotech Developers saw significant gains on February 1, 2025, following Finance Minister Nirmala Sitharaman's announcement of several measures aimed at stimulating the real estate sector. Some stocks jumped by as much as 9%, reflecting positive investor sentiment in response to the budget proposals.

For instance, Prestige Estates' shares closed 5.03% higher at Rs 1,431.50, while DLF saw a 2.10% increase, closing at Rs 760.75. As a result, DLF's market capitalization surged to Rs 1.88 lakh crore, highlighting investor optimism.

Here’s a breakdown of the key budget announcements that are expected to have a lasting impact on the real estate market:

SWAMIH Fund 2 The establishment of a Rs 15,000 crore SWAMIH Fund 2 is designed to accelerate the completion of one lakh affordable and mid-income housing units. This initiative, a collaboration between the Government of India, banks, and private investors, is expected to increase the supply of housing and boost market confidence.

Tax Benefits for Self-Occupied Properties The budget introduced a provision allowing taxpayers to claim the annual value of two self-occupied properties as Nil for tax purposes, up from just one property previously. This measure is expected to benefit individuals with multiple properties.

Increased TDS Limit on Rent The limit for Tax Deducted at Source (TDS) on rent has been raised from Rs 2.4 lakh to Rs 6 lakh, benefiting small taxpayers who earn rental income. This move is seen as a positive for landlords and tenants alike.

Smart City Mission Funding Boost The allocation for the AMRUT and Smart Cities Mission has been increased by 25%, from Rs 8,000 crore to Rs 10,000 crore. This funding increase is likely to have a ripple effect on construction and building material demand.

The budget measures also include the announcement that individuals under the new tax regime won’t have to pay income tax on income up to Rs 12 lakh, which is expected to boost disposable income and consumer spending. A portion of these savings may flow into the real estate sector, further supporting market growth.

The positive reaction was evident in the market as shares of Oberoi Realty rose by 1.83%, closing at Rs 1,845.65, and Phoenix Mills surged 7.27%, reaching Rs 1,761.55. Other developers like Sobha Ltd and Macrotech Developers also saw stock price increases.

In the broader market, the BSE Realty Index gained 3.69% or 264 points, closing at 7,414, reflecting overall optimism in the sector. Although the index has experienced a 10.74% rise since the Interim Budget in February 2024, it has still faced a decline of 11% since the Union Budget of 2024 was presented.

As these measures unfold, the real estate sector appears poised for sustained growth, with potential positive implications for developers, investors, and the housing market in general.

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G Square Realtors to Invest ₹1,000 Crore in Villas and Apartments Expansion Across South India

G Square Realtors Pvt Ltd, a leading name in real estate development, has announced an ambitious ₹1,000 crore investment over the next two years. This strategic move marks the company’s expansion into the villa and apartment sectors, broadening its portfolio beyond its established focus on residential plots.

The company, which operates across Tamil Nadu, Karnataka, and Telangana, aims to cater to the diverse residential needs of its customers by integrating new villa and apartment developments alongside existing sites. This expansion will span Tier I, II, and III cities within the company's operational regions.

Bala Ramajeyam, Managing Director of G Square Realtors, stated, “Our entry into the villa and apartment sectors reflects our commitment to evolve and meet the growing demand for varied residential options. With a strong presence in the plotted development market, we are now tailoring our business to provide comprehensive housing solutions across South India.”

With over 127 completed projects and a proven track record, G Square Realtors plans to leverage its extensive land holdings and expertise to create quality residential communities in the coming years.

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Real Estate Stocks Surge Ahead of Budget 2025: Key Expectations from the Sector

Shares of prominent real estate companies such as Prestige Estate Projects, Sobha, DLF, and Oberoi Realty surged by up to 7% in early trading on Saturday, February 1, ahead of the Union Budget 2025 presentation. The BSE Realty Index was trading at 7,213.71, marking a gain of 63.12 points or 0.88%.

As the sector braces for the upcoming budget, key expectations include granting "industry status" to real estate and a revival of the affordable housing segment. Affordable housing, which refers to homes priced below ₹40 lakh, has faced significant challenges in recent years, with both demand and supply experiencing sharp declines since the pandemic.

According to ANAROCK data, the share of affordable housing sales dropped dramatically, from over 38% in 2019 to just 18% in 2024. Additionally, the share of affordable housing in the total housing supply across the top seven cities fell from nearly 40% in 2019 to just 16% in 2024.

Anuj Puri, Chairman of ANAROCK Group, emphasized the urgent need for intervention, stating, "Affordable housing requires focused attention and targeted benefits, which have been lacking in the past two years. While tax incentives to boost supply and enable buyers are important, the issue of limited urban land—especially in areas where affordable housing is most needed—remains critical."

To address these challenges, Puri suggested that the government could consider releasing centrally controlled land from agencies like Indian Railways, Port Trusts, and the Department of Heavy Industries for affordable housing projects.

As the Budget 2025 session approaches, the real estate sector hopes for reforms that will drive growth and address long-standing issues related to affordable housing.

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Capital Gains Tax Revisions in Budget 2025: What to Expect for Stocks, Real Estate, and Mutual Funds

As Budget 2025 approaches, investors are closely watching for potential updates to the capital gains tax regime, particularly after significant changes were introduced in Budget 2024. Finance Minister Nirmala Sitharaman had already revised the capital gains tax framework, raising the short-term capital gains (STCG) tax rate from 15% to 20% and setting the long-term capital gains (LTCG) tax rate at 12.5%. The threshold for LTCG exemption was also raised from ₹1 lakh to ₹1.25 lakh.

In the July 2024 Budget, the government further altered the capital gains tax structure, eliminating indexation benefits on real estate transactions. The long-term capital gains tax rate was reduced from 20% to 12.5%, which was met with criticism from property owners. Indexation, a method that adjusts for inflation, had previously allowed taxpayers to lower their tax liability on real estate gains. However, the government clarified that real estate assets bought before July 23, 2024, would continue to benefit from indexation.

The changes, aimed at simplifying the tax system, sparked mixed reactions. While the government reassured that the updates would streamline the taxation process, the removal of indexation benefits for certain assets led to concerns. To address this, partial reinstatement of indexation benefits for the real estate sector was announced.

An amendment to the Finance Bill 2024 introduced a provision that allows taxpayers to choose between the 12.5% LTCG tax rate without indexation or the 20% rate with indexation for properties purchased before July 23, 2024.

Looking ahead to Budget 2025, experts urge the government to focus on simplification rather than introducing further complexities. Introducing new tax hikes or additional conditions to indexation could risk alienating investors. Manish Bhandari, CEO of Vallum Capital Advisors, suggested that reducing the LTCG tax on equities from 12.5% to 10% would allow investors to retain an additional 2.5% of their gains for reinvestment. He also called for the reintroduction of indexation for debt mutual funds, making long-term investments in debt markets more attractive.

Furthermore, Niranjan Govindekar, Partner at BDO India, advocated for the abolition of the Securities Transaction Tax (STT), given that LTCG tax on securities is now aligned with other assets. He also recommended changes to the tax treatment of share buybacks, ensuring that only the net dividend amount is taxed after accounting for the acquisition cost of shares.

Avadhi Khandelwal, from Adroit Tax Solutions, highlighted that the removal of indexation could significantly alter the taxation landscape. While the goal may be simplification, it could lead to a higher tax burden on investors, particularly in the real estate sector. Khandelwal also suggested that the option to choose between the indexed or non-indexed tax rates should be extended to those who purchased properties after July 22, 2024, in addition to those who bought before that date.

As the Budget 2025 session nears, these potential changes will continue to be a focal point for investors across sectors, from equities to real estate and mutual funds.

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G Square IT Raid: Allegations Quashed Transparency Strengthened

Chennai, January 2025 – G Square Realtors, a leading name in India's real estate sector, has effectively dispelled allegations linked to the G Square IT raid conducted in April 2023. Bala Ramajayam, Managing Director of G Square Realtors, emphasized the company’s steadfast commitment to transparency and compliance, while strongly refuting politically motivated accusations and misinformation.

G Square IT Raid Confirms Compliance

In April 2023, the IT department conducted extensive inspections across the real estate industry, including G Square IT raids on its offices in Chennai, Coimbatore, Trichy, and Hosur. These routine inspections aimed to ensure tax compliance. Bala Ramajayam clarified that the findings reaffirmed G Square Realtors’ adherence to ethical and legal standards, showcasing its dedication to transparent operations.

No Political Affiliations with G Square

Responding to allegations of connections with the DMK political party, G Square’s leadership categorically denied any such links. Ramajayam confirmed that the G Square IT raid investigation uncovered no evidence supporting these claims. Additionally, rumors regarding the company’s valuation being ₹38,000 crore were dismissed as unsubstantiated and baseless.

Debunking Myths of Financial Seizures

Reports suggesting the seizure of ₹3.50 crore during the G Square IT raid were unequivocally refuted by the company. Ramajayam encouraged stakeholders to rely on official IT department records, which confirmed that no such recovery occurred. He labeled the rumors as deliberate attempts to undermine the company’s reputation, reiterating G Square’s unwavering commitment to integrity and transparency.

G Square's Economic Contributions

G Square Realtors underscored its role in fostering economic progress in India. Over the past 15 years, the company has directly and indirectly created employment for more than 33,000 individuals. Furthermore, G Square Realtors contributes approximately ₹1,000 crore annually through GST, stamp duty, and income tax, highlighting its role in bolstering the nation’s economy.

A Transparent Future for G Square Realtors

Rather than diminishing its reputation, the G Square IT raid has reinforced the company’s commitment to ethical practices. The company sees this as an opportunity to set higher standards for transparency and trust in the real estate sector.

Conclusion

Backed by the IT department’s findings, G Square Realtors remains a trusted leader in real estate development. The company’s proactive approach to addressing doubts has restored confidence among clients, investors, and the public. Moving forward, G Square Realtors is dedicated to ethical, transparent, and sustainable growth, setting benchmarks for the industry.

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Barron Trump Gears Up to Launch Luxury Real Estate Venture

Donald Trump’s youngest son, Barron Trump, is preparing to make his mark in the luxury real estate sector with an ambitious venture. Partnering with two young entrepreneurs, Barron aims to establish a presence in high-end real estate markets across the United States.

The Venture and Its Beginnings

Barron briefly incorporated Trump, Fulcher & Roxburgh Capital Inc. in Wyoming in July 2024, but the company was dissolved four months later, according to a report by Newsweek. Records obtained by the New York Post revealed that the company had listed Mar-a-Lago in Palm Beach, Florida, as its principal address.

The venture is set to relaunch in spring 2025 and will focus on luxury real estate projects, including golf courses and exclusive properties in Utah, Arizona, and Idaho.

The Team Behind the Venture

The venture is a collaboration between Barron Trump and his high school classmate Cameron Roxburgh, along with luxury real estate expert Carter Fulcher. Fulcher’s family is prominent in the Idaho real estate scene, with connections to Congressman Russ Fulcher, although the lawmaker is not involved in the project.

Roxburgh shared that the initial launch was paused to avoid election-related media scrutiny. He confirmed that they are currently “working out logistics” and plan to resume operations in 2025.

Independence with a Hint of Trump Legacy

While Barron has received private advice from his father, Donald Trump, the venture has no financial backing from the Trump Organization at this stage. However, Roxburgh hinted at the possibility of the company eventually becoming a subsidiary of Trump’s global empire.

Donald Trump’s legacy in luxury real estate has been carried forward by his older children, with Don Jr. and Eric Trump managing the Trump Organization during his presidency and Ivanka Trump focusing on other ventures after serving in his administration.

Barron’s Role in Trump’s Campaign

Barron Trump has already demonstrated his strategic acumen. During Donald Trump’s 2024 presidential campaign, Barron played an instrumental role, connecting his father with key figures and mobilizing young supporters. Melania Trump described her son as “very vocal” and credited him with bringing in a new generation of supporters.

Looking Ahead

With the upcoming relaunch, Barron Trump and his partners are poised to carve out their niche in the luxury real estate industry, reflecting both his father’s legacy and his own ambitions.

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Amitabh Bachchan: Bollywood’s Shahenshah and Real Estate Mogul

Renowned as the “Shahenshah of Bollywood,” Amitabh Bachchan’s influence extends far beyond the silver screen. The iconic actor has cemented his status as a formidable figure in the real estate sector with strategic investments that have yielded impressive returns.

Recent High-Profile Deal

Amitabh Bachchan recently made headlines for selling a luxurious Mumbai apartment for a staggering ₹83 crore, earning a profit of ₹52 crore on the deal.

Building a Real Estate Empire

This is not Bachchan’s first noteworthy venture in the property market. Over the years, he and his son, Abhishek Bachchan, have amassed a substantial portfolio of properties valued at billions of rupees. Their investments generate consistent income through sales and leasing.

Iconic Residence and Other Properties

The Bachchan family’s primary residence is the iconic bungalow Jalsa in Juhu, Mumbai. Spanning 10,125 square feet and valued at approximately ₹120 crore, Jalsa has been the family’s home for over three decades. Apart from Jalsa, Bachchan owns three additional bungalows in Mumbai, reinforcing his stature in the real estate world.

Major Investments in Recent Years

In recent years, Amitabh and Abhishek Bachchan have actively expanded their real estate holdings. Reports reveal that the duo invested ₹100 crore in 2024 alone and ₹200 crore between 2020 and 2024.

In 2024, the family acquired property worth ₹24.95 crore in Mumbai’s Mulund West, purchasing ten apartments—six by Abhishek for ₹14.77 crore and the rest by Amitabh. That same year, the legendary actor bought a three-floor office space in Andheri West for ₹60 crore.

Ventures Beyond Mumbai

Amitabh Bachchan’s real estate ventures are not confined to Mumbai. In 2024, he purchased 10,000 square feet of land in Ayodhya for ₹14.5 crore, intending to build a home. Additionally, he has properties in Delhi, Gurugram, Bhopal, and Prayagraj.

Global Presence

The actor’s real estate footprint extends internationally. He reportedly owns a luxurious villa in Dubai and an apartment in Paris, which was gifted to him by his wife, Jaya Bachchan.

Legacy as a Real Estate Mogul

With an impressive portfolio spanning India and abroad, Amitabh Bachchan has proven himself a savvy investor and a formidable figure in real estate, solidifying his legacy beyond the entertainment industry.

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G Square Realtors Corporate Cricket Tournament Brings Together Top Teams at G Square World

G Square Realtors, under the leadership of G Square Owner Bala Ramajayam, recently hosted an exciting and memorable cricket tournament at the prestigious G Square World, highlighting it as a premium destination for both events and investments. The G Square Lubber Pandhu Corporate Cricket Tournament, held at the iconic venue in Kovaipudur, brought together some of the best corporate teams, creating a vibrant atmosphere of competition and camaraderie.

A Thrilling Cricket Tournament

The tournament saw top corporate teams, including HDFC, VVDN, and Dream XI, compete fiercely on the field. The Pitch Burners emerged as the champions, taking home a trophy and a cash prize of Rs. 50,000. This event not only provided thrilling cricket action but also served as a platform to highlight the importance of sportsmanship and teamwork.

A Vision for Community Engagement

G Square Owner Bala Ramajayam’s vision of fostering community engagement through innovative events was fully realized during this tournament. G Square Realtors continues to set the benchmark for creating spaces where collaboration, networking, and a sense of belonging are prioritized, making it a key player in the real estate and community development sectors.

G Square World: A Premium Venue for Investment and Events

The tournament was held at G Square World, Tamil Nadu’s first six-themed secured villa plot community, developed by G Square Realtors. This masterpiece of real estate development offers a unique blend of comfort, accessibility, and potential for growth, making it a prime location for both living and investment opportunities.

Conclusion

The G Square Lubber Pandhu Corporate Cricket Tournament is a testament to G Square Realtors’ commitment to community-building, sportsmanship, and offering premium destinations like G Square World for both leisure and investment. This event showcased the company’s ongoing dedication to creating innovative platforms that foster connections and provide value to its stakeholders.

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Top Tier-2 Cities Emerging as Real Estate Hotspots in India

The Indian real estate sector is experiencing a significant shift, with several Tier-2 cities now emerging as key destinations for real estate investments. As the top metro cities face rapid urbanization and saturation, attention is gradually turning towards prominent Tier-2 cities such as Chandigarh, Lucknow, and Nagpur. These cities are witnessing an uptick in housing demand, bolstered by infrastructural developments and the rise of new business hubs, attracting a growing number of homebuyers and renters.

What Are Tier-2 Cities?

In India, cities are classified into tiers based on factors such as population size, infrastructure, and economic development. Tier-2 cities generally have populations between 500,000 and 1 million and are emerging urban centers that offer a growing mix of modern amenities, infrastructure, and job opportunities. These cities are becoming popular real estate investment destinations as they experience rapid development and an increasing demand for residential and commercial properties.

Differences Between Tier-1 and Tier-2 Cities

Tier-1 cities, such as Mumbai, Delhi, Bangalore, and Chennai, are established metro hubs with populations over 1 million. These cities are known for their advanced infrastructure, thriving commercial centers, and high real estate demand, resulting in higher property prices. In contrast, Tier-2 cities are considered more affordable real estate markets, but as they undergo development, property prices are steadily rising due to improved infrastructure and growing employment opportunities.

While Tier-2 cities offer more budget-friendly options compared to Tier-1 cities, they still provide competitive returns for investors and homebuyers looking for value for money.

Key Drivers of Real Estate Growth in Tier-2 Cities

1. Infrastructure Development: Significant government investments in metro expansions, new expressways, and improved transport networks are transforming the infrastructure landscape in Tier-2 cities. These improvements not only enhance connectivity but also attract more businesses and residents to these areas.

2. Rapid Urbanization: Ongoing industrialization, the rise of startup ecosystems, and the influx of migrants seeking employment are driving urbanization in Tier-2 cities. This rapid growth is creating a demand for both residential and commercial real estate, further boosting the sector's prospects.

3. Better Lifestyle Facilities: The expansion of educational institutions, healthcare facilities, and entertainment options in Tier-2 cities is improving the overall quality of life, making them attractive options for families and professionals seeking an upgraded living environment.

4. Affordability: Property prices in Tier-2 cities are significantly lower than in Tier-1 metros, attracting real estate investors and homebuyers looking for more cost-effective options without compromising on urban amenities.

5. Growing Commercial Real Estate Demand: With the expansion of IT, manufacturing, and other industries, commercial real estate developments in these cities are booming. This demand for office spaces, co-working facilities, and retail outlets is directly influencing the residential real estate market, creating a balanced growth ecosystem.

Challenges Faced by Tier-2 Cities

Despite the attractive opportunities, Tier-2 cities face some challenges that investors need to consider:

1. Developing Infrastructure: While infrastructure development is ongoing, many Tier-2 cities are still in the early stages of upgrading their infrastructure. Investors need to assess the long-term growth potential and be prepared for some level of development delays.

2. Population Growth and Congestion: As employment opportunities increase and migration continues, the population in these cities is expanding rapidly. While this brings growth potential, it also presents the risk of congestion and rising property prices, which could eventually mirror the issues faced in Tier-1 cities.

Conclusion

The emergence of Tier-2 cities as real estate hotspots in India reflects the nation's ongoing urbanization and economic transformation. With enhanced infrastructure, affordable property options, and growing commercial sectors, these cities are poised to play a significant role in the country’s real estate landscape. However, prospective investors must weigh the benefits against the challenges of infrastructure development and population growth to make informed investment decisions.

[realestateradar]

Banking on Bricks: India’s Real Estate Sector Poised for Growth

India’s real estate industry is experiencing an impressive boom, driven by a strong economy and rising demand across residential, commercial, and logistics sectors. The sector contributes significantly to the country's employment and GDP, currently valued at $493 billion, accounting for 7.3% of India’s GDP. Projections suggest the sector could reach a value of Rs 5.8 trillion by 2047, representing 15.5% of India’s economic output. Key growth drivers include urbanization, rising disposable incomes, and increasing demands for various types of real estate, particularly residential, commercial, and logistics spaces. The growing need for data centers further fuels expansion, underlining the evolving dynamics of the sector.

The Vital Role of BFSI in Real Estate Growth

The banking, financial services, and insurance (BFSI) sector plays a crucial role in supporting real estate development by facilitating financing options for homebuyers and developers alike. Mortgage products, construction finance, and lease rent discounting are pivotal in supporting homebuyers and developers. Additionally, insurance products, including title and property insurance, offer protection against risks, enhancing the stability of the real estate lifecycle. Real estate investment trusts (REITs) and real estate mutual funds (REMFs) also enhance access to real estate for both retail and institutional investors.

Residential Real Estate Trends: Post-Pandemic Surge

The residential real estate market in India has seen a strong resurgence post-pandemic, driven by changing buyer preferences. The affordable housing segment (homes priced below Rs 50 lakh) has decreased from 54% of total sales in 2018 to just 26% in 2024, mainly due to rising property prices. In contrast, the demand for high-value properties (priced above Rs 1 crore) has surged, increasing from 16% to 43% in the same period. The mid-range properties priced between Rs 50 lakh and Rs 1 crore have remained steady, accounting for about 30-37% of total sales.

Surveys reveal that 80% of homebuyers in Tier-I cities still favor home ownership, although Gen Z’s preference for renting has dropped this figure to 71%. Key priorities for homebuyers include location, property size, and price, with a substantial number relying on home loans to fund their purchases.

In cities like Mumbai, stamp duty reductions have played a significant role in boosting property transactions, especially for high-value homes priced above Rs 5 crore.

Commercial Real Estate and Retail Transformation

India’s commercial real estate market continues to grow, driven by strong GDP growth, urbanization, and favorable government policies. In 2024, transactions in the office space market grew by 27%, with 53.7 million square feet transacted in the first nine months. This growth is fueled by the demand from global capability centers (GCCs) and India-facing businesses. The shift to hybrid working has further accelerated the demand for flexible and sustainable office spaces, with developers increasingly focusing on incorporating green building standards and smart technologies.

The retail sector has also experienced a significant revival, with e-commerce integration and “revenge shopping” driving the transformation. Shopping centers in major cities like Mumbai, NCR, and Bengaluru continue to dominate, though Tier-II cities like Lucknow and Kochi are emerging as important contributors to retail real estate growth.

Warehousing and Investment Trends

The warehousing sector has benefitted from the rise of e-commerce and manufacturing, with increasing demand for industrial parks near urban centers. Investment in the real estate market has grown significantly, with Real Estate Investment Trusts (REITs) gaining popularity since 2014. Indian REITs, such as Embassy Office Parks and Mindspace, manage millions of square feet of assets and are expanding with upcoming retail and industrial REITs.

Private equity investments in real estate have reached $75.7 billion since 2004, with a notable increase in investments in the warehousing sector. Residential real estate is seeing renewed interest from domestic investors, while commercial investments have slightly decreased.

Financing and Developer Challenges

Indian banks and non-banking financial companies (NBFCs) are crucial to real estate financing, with housing loans growing from Rs 6.3 trillion in 2015 to Rs 28.3 trillion by 2024. However, developers face challenges securing funding, particularly for land acquisition, and often turn to high-cost alternatives such as private equity or Alternative Investment Funds (AIFs). To address this, proposed solutions include track record-based interest rates and land financing products tailored to reliable developers.

Additionally, the high costs associated with loan security registration and stamp duty are hindering affordable housing development. New financial solutions, such as rolling security structures, could help reduce these costs, benefiting developers and buyers alike.

The Role of Emerging Technologies

Emerging technologies like artificial intelligence (AI), virtual and augmented reality, and the Internet of Things (IoT) are revolutionizing the real estate and BFSI sectors. AI and predictive analytics are streamlining property valuations and mortgage processes, while virtual tours and augmented reality are attracting a broader range of buyers, including international investors. IoT integration enhances building management, improving tenant satisfaction and operational efficiency, while fintech solutions streamline transactions, improve fraud detection, and automate regulatory compliance.

Infrastructure Growth and Its Impact on Real Estate

India’s infrastructure development has seen significant investments, driven by initiatives such as the National Infrastructure Pipeline (NIP). Infrastructure projects are catalyzing real estate growth by improving connectivity, transforming land use, and facilitating commercial and residential development. However, private sector participation remains limited, and more financial products such as pension funds need to be explored to meet the funding requirements for infrastructure projects.

In conclusion, India’s real estate sector is on a remarkable growth trajectory, driven by strong economic fundamentals, increasing urbanization, and government support. However, challenges in financing, rising property prices, and regulatory complexities need to be addressed to ensure continued growth. With the right mix of technology, policy support, and innovative financing, India’s real estate sector is set to play a key role in the nation’s development in the coming decades

[realestateradar]

G Square Realtors Hosts Corporate Cricket Tournament to Promote Sportsmanship and Unity

G Square Realtors, led by Bala Ramajayam, hosted an exciting corporate cricket tournament in Coimbatore, aimed at fostering unity and camaraderie within the corporate community.

The event, the G Square Lubber Pandhu Corporate Cricket Tournament, took place on December 30, 2024, at G Square World, located in Kovaipudur, Tamil Nadu. The tournament witnessed a vibrant participation from 30 corporate teams representing prominent sectors including IT, banking, and business, with notable teams such as HDFC, ICICI, VVDN, Dream XI, and Pitch Burners among others.

Thrilling Cricket Action

The highly anticipated tournament culminated in a thrilling final match between Pitch Burners and VVDN, with Pitch Burners emerging victorious. They received a cash prize of ₹50,000 along with a trophy, while the runners-up, VVDN, were awarded ₹25,000 and a trophy for their impressive performance.

G Square’s Visionary Leadership

As South India’s No.1 Real Estate Developer, G Square Realtors continues to offer premium living and business opportunities. With over 12 years of experience and trusted by more than 15,000 happy customers, the company is renowned for its transparent and secure land ownership across major cities like Chennai, Hyderabad, Coimbatore, and Mysuru. Bala Ramajayam, Owner and Managing Director of G Square Realtors, emphasized the importance of sportsmanship and community-building through such initiatives. His leadership reflects G Square’s vision to not only create world-class real estate but also to build vibrant, connected communities.

G Square World – A Perfect Venue

G Square World, located in Kovaipudur, provided the ideal setting for the cricket tournament. Blessed with a pleasant climate and strategic location, the venue is part of G Square’s flagship project, offering premium villa plots in Tamil Nadu’s first six-themed secured community.

Conclusion

The G Square Lubber Pandhu Corporate Cricket Tournament was a resounding success, exemplifying G Square Realtors’ commitment to community engagement and fostering sportsmanship in the corporate world. This event not only brought together industry professionals but also reinforced the company's dedication to building strong, connected communities