8th January 2025  Pune, Maharashtra, India  ADVIK, a leading automotive product manufacturer, has successfully acquired Powersports MTG GmbH, a motorcycle mechanical and hydraulic braking system and clutch system manufacturer. Powersports MTG GmbH (“Powersports”) was created as a spin-off company for the powersports business from Gustav Magenwirth GmbH & Co. KG, known as MAGURA, a German company based in Bad Urach, established in 1893 that develops, produces and markets high-quality components with a focus on brake and clutch systems for two-wheelers. This move puts ADVIK into list of advanced brake system suppliers, aligning with its growth trajectory. The acquisition expands ADVIK’s product range and customer base, aiming to enhance the development of next-gen braking solutions. This acquisition was executed through ADVIK’s Singapore subsidiary ADVIK Singapore Pte. Ltd. Powersports ended 2024 with a strong revenue tending to 30 million Euro. Powersports acquisition brings advanced brake system and clutch system for on and off-road including high-end and racing motorcycles. Lineup includes motorcycle master cylinder and caliper along with slanted radial, fully radial and axial master cylinder in addition to floating caliper and fixed caliper. These technologies reduce friction, enhance brake feel and control across diverse road conditions.

Mr. Aditya Bhartia, Managing Director of ADVIK group, expressed excitement about the acquisition, emphasizing its contribution to a safe & reliable advanced braking system. Mr. Bhartia said, “This acquisition of the two-wheeler braking system of MAGURA, with a rich history of more than 100 years, not only brings advanced technology for hydraulic braking and clutch system to larger part of the World, it also adds manufacturing and research & development capabilities in Germany. With 60 plus patents, this acquisition is very strategic to ADVIK to get access to hydraulic braking and clutch technology. Powersports customer include leading two-wheeler OEMs in Europe and USA for braking and clutch systems. This would help ADVIK to establish its footprint in Europe from where it can expand and service its customers at its doorstep. This is a step forward into our vision of being a leading braking system supplier in the World for two-wheeler (motorcycle and scooter)”. He added that, “ADVIK would carry forward the legacy of more than 100 years and strategically expand the two-wheeler braking system portfolio Worldwide.”

Mr. Fabian Auch, Managing Partner of MAGENWIRTH Technologies GmbH, was delighted to have ADVIK as the new owner of the Powersports business. Mr. Auch said: “I am excited to handover this company to ADVIK, a group who has the prowess to further grow the two-wheeler braking systems business. I am sure the Powersports business has found its righteous place, where it will thrive and grow.”

SINGAPORE,7th January 2025– Terrascope, the global leading sectoral-focused carbon measurement and decarbonization pl7th January 2025atform, has announced the appointment of Felipe Daguila as its new Chief Executive Officer. Daguila, who first joined Terrascope as Chief Commercial Officer in 2021 and later took on expanded responsibilities as Chief Commercial & Customer Officer, will assume his new role effective today, January 7th 2025.

Daguila brings over two decades of global leadership experience in startups and enterprises, including tenures at Google and AWS. Since joining Terrascope, Daguila has led the company’s growth across Asia Pacific, Europe and the United States. As CEO, Daguila’s deep expertise in sales, customer success, product development, and technology will propel Terrascope’s next chapter of growth, including investor development and a strategic partnership with Fujitsu, a leading IT service provider driving sustainability transformation.

Daguila succeeds Maya Hari, who has decided to step down as CEO after shaping Terrascope’s vision and growth over the past two years. During this time, Terrascope achieved significant milestones, including expanding its market presence in the US and Japan. Taking Daguila’s place to lead global sales, marketing, and customer success will be Tatsuki Hirota, formerly Terrascope’s General Manager for Japan.

Reflecting on the transition, Hari said, “It has been a privilege to lead Terrascope and contribute to its vision of empowering enterprises to keep the planet habitable for all. Felipe’s thorough understanding of customer needs, hands-on leadership combined with his strategic vision, makes him the perfect leader to guide Terrascope into its next phase of innovation and growth.”

Daguila shared his gratitude and said, “I grew up in Brazil as a farmer’s grandson. That upbringing, combined with my 25 years of experience in technology, developed in me a deep sense of connection to Terrascope’s vision to make the planet habitable for all. In the past three years, Terrascope has measured 462 million metric tons of CO2, – equivalent to Australia’s annual carbon emissions – and developed a sectorial and science based AI-driven decarbonization library of over 20,000 initiatives. As we enter our next phase of growth, we are committed to being the easiest platform to measure and reduce emissions coming from the land, nature, and net-zero economy sectors.”

7th January 2025  Mumbai, Maharashtra, India In a dynamic financial landscape, the need for innovation is paramount. BHARAT CO-OPERATIVE BANK (MUMBAI) LTD was one of the few banks to implement Finacle as its CBS (Core Banking System) back in the year 2013-2014 with that legacy of being the early mover to adopt technology advancements, BHARAT BANK is now set to redefine the way it serves its customers, by enhancing the overall banking experience while strengthening its operational backbone. BHARAT BANK is proud to announce its technology upgrade to Finacle version 10.2.25, the latest version of the world-renowned core banking system (CBS) by INFOSYS, marking a significant step toward modernization. This upgrade is not just about embracing cutting-edge technology but is also part of a broader vision to enhance customer satisfaction, streamline operations, and set the stage for future growth.

The financial services sector has been undergoing a dramatic shift with the increasing reliance on digital tools and automation. The bank has recognized the need to evolve and adapt to meet these changing demands. By upgrading to Finacle 10.2.25 version, BHARAT BANK aims to deliver an improved banking experience for customers. Finacle latest version 10.2.25’s robust features will provide customers with greater ease of access and faster processing times and also creating a seamless experience across multiple touch points—whether mobile, online, or in-branch.

Operational excellence is a key area where the upgrade to Finacle 10.2.25 version will have a transformative impact. Finacle 10.2.25 offers an advanced suite of features that will streamline the bank’s operations, improving back-office processes and reducing manual intervention. With enhanced automation and integration capabilities, the bank will be able to manage transactions more efficiently, reduce errors, and speed up service delivery. This, in turn, will ensure that resources are utilized effectively, improving both productivity and cost-efficiency.

The new system’s ability to manage complex banking operations with precision will also play a vital role in strengthening risk management, compliance, and governance protocols. These improvements will enhance the bank’s ability to provide accurate and timely reporting, ensuring that regulatory requirements are consistently met. As a result, the bank can continue to foster transparency and trust with its customers, reinforcing its commitment to responsible and ethical banking practices.

This upgrade is not just about addressing current needs; it is also about preparing the bank for future growth. The adoption of Finacle 10.2.25 positions the bank as a forward-thinking institution that embraces the potential of digital transformation. The platform’s scalability and flexibility will enable the bank to introduce new products and services in a more agile manner, catering to the ever-evolving needs of the market.

The new CBS also supports the integration of emerging technologies this will allow the bank to offer more personalized financial products and services, and make data-driven decisions that enhance business outcomes. By leveraging these advanced technologies, the bank is setting the stage for a more innovative, responsive, and customer-centric approach to banking.

When spoken to Mr. Yashodhara D. Poojary, the Head of CBS at BHARAT BANK, he highlighted that the upgrade of Finacle version 10.2.25 marks a significant milestone in their journey towards becoming technologically advanced and customer-centric institution. With this upgrade, the bank is not only enhancing its operational efficiency but also delivering an exceptional and seamless experience for its customers. In addition to technological advancements, the bank has implemented increased security measures to ensure the safeguarding of sensitive data and compliance with evolving regulatory norms. By adhering to the latest standards in data protection and privacy, the bank ensures that it meets the demands of the new age world, providing both security and trust to its customers. As it continues to embrace new technologies and refine its practices, the bank is determined to position itself as a trusted partner for customers, ensuring they benefit from the best in banking services while maintaining the highest levels of security and compliance.

The bank is working to support the new upgrade of Core Banking System (CBS) transformation, which is in the phase of initiation by the technology department. The management is focused towards driving excellent banking experience to its customers in the days to come.

7th January 2025  Mumbai, Maharashtra, India At 0150 hrs IST on 25 Dec 24, Kaamya Karthikeyan, the 17-year-old mountaineer, successfully completed her most ambitious expedition by summiting Mt. Vinson Massif in Antarctica. This remarkable achievement marks the completion of her Seven Summits Challenge, making her the youngest female climber in the world to conquer the highest peak on all seven continents. Kaamya was supported on this extraordinary journey by Bisleri Vedica Himalayan Spring Water, sourced from the Himalayas, embodying her spirit of being #FullOfAltitude.

Reflecting on her incredible adventure, Kaamya Karthikeyan remarked, “Summiting Mount Vinson still feels surreal, and I’m beyond grateful to Vedica for supporting me wholeheartedly in reaching this highly challenging and my final milestone of the Seven Summits. With this climb, I’ve become the youngest female mountaineer in the world to achieve the Seven Summits Challenge. I’m excited for what’s next and looking forward to setting new goals for myself. I also hope this fuels young Indians of my generation to dream big and turn their dreams into reality.”

Commenting on this association, Jayanti Khan Chauhan, Vice Chairperson, Bisleri International Pvt. Ltd. said, “We are incredibly proud to support Kaamya on her historic journey to conquer the Seven Summits. With her final summit of Mt. Vinson Massif in Antarctica, Kaamya has become the youngest girl in the world to scale the highest peak on all seven continents, setting a new standard in mountaineering. It’s been a privilege to fuel her passion and resilience as she continues to redefine the limits of human potential. Kaamya’s journey truly embodies the #FullOfAltitude spirit, and we celebrate her inspiring achievements that motivate the world with her unwavering determination.”

The ascent of Mt. Vinson Massif was an arduous and challenging journey, beginning with a flight more than halfway across the world into the remote Antarctic wilderness, followed by a relentless climb through treacherous ice fields, deep crevasses, and unpredictable weather. Climbers face some of the harshest conditions on Earth, with temperatures plummeting below -40°C and winds exceeding 100 mph. Kaamya’s remarkable accomplishments on so many mountains, including this summit, stand as a profound source of inspiration. She had also become the youngest Indian and the second youngest female in the world to climb Mt. Everest from the Nepal side earlier in May 2024. Her exceptional achievements had earned her the prestigious Pradhan Mantri Rashtriya Bal Shakti Puraskar in 2021, India’s highest honour for young achievers, and recognition from the Hon. Prime Minister in his Mann Ki Baat.

7th January 2025  Mumbai, Maharashtra, India  A new paradigm has been created for urban India through Hiranandani Communities by transcending the conventional boundaries of real estate development. The group is on a mission to reconfigure the social and community living landscape for Urban India by transforming geographies and forging the future. Since its inception in 1978, Hiranandani has transformed landscapes into landmarks through the pioneering spirit and visionary leadership of Dr Niranjan Hiranandani. With a focus on creating not just histories but geographies, Hiranandani legacy of excellence continues to leave an indelible mark on Indian real estate and beyond. Our philosophy is deeply rooted in innovation, sustainability, and an unwavering commitment to community development, positioning us as pioneers in redesigning urban geography.

The modest beginnings of Hiranandani Developers with delivering small-scale cluster projects to our trailblazing transformation of land to landmark project known as Hiranandani Gardens, Powai, Mumbai pinned us on the real estate map of India. Since its founding 45 years ago, the Hiranandani Group has crafted a niche cohort of Hiranandani Communities. As part of its underpinned value proposition, Hiranandani Legacy sought to deliver a quotient of Health, Wealth, and Happiness to its citizens.

Catalyzing Breakthroughs Across India

The legacy of Powai catalyzed similar breakthroughs across India with successful projects like:

• Hiranandani Meadows and Hiranandani Estate in Thane,
• Hiranandani Fortune City in Navi Mumbai, and
• Hiranandani Parks in Oragadam, Chennai.
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Hiranandani Communities’ developments extend their impact beyond housing to encompass comprehensive infrastructure and economic vitality. Each township evolves into a self-sustaining micro-economy, fostering diverse employment opportunities and a startup spirit. For instance, the commercial zones within Hiranandani townships empower small and medium enterprises by providing access to premier infrastructure and strategic markets, crafting a geography of opportunities.

The Synthesis of Global and Local Geographies

Hiranandani Township stands as a remarkable epitome of the Synthesis of Global and Local Geographies, harmonizing neo-classical architectural brilliance with cultural heritage. This luxurious enclave offers an elevated lifestyle, and an immaculate quality of life, where global standards meet local warmth, fostering a community that thrives on diversity. Hiranandani Township doesn’t just build homes; it crafts legacies where global aspirations and local traditions coalesce seamlessly, making it a destination of distinction.

Redefining Geography and History

Spanning over four decades and more than 2,000 acres, Hiranandani Communities has redefined the interplay between geography and history. Through the creation of integrated townships that harmonize luxury, sustainability, and innovation, we have reshaped India’s urban skyline and charted a visionary path for future development.

At Hiranandani, we craft compelling geographies that inspire histories.

“The essence of our work lies in creating not just buildings but entire ecosystems—geographies that empower communities and histories that shape legacies,” says Dr. Niranjan Hiranandani, Co-founder and Managing Director of Hiranandani Group.

7th January 2025  Chennai, Tamil Nadu, India Gyan Babu from Kunda Pratapgarh, Uttar Pradesh won the Men’s full marathon and Senait Kefelegn from Ethiopia won the women’s full marathon at the 13th edition of the Freshworks Chennai Marathon powered by Chennai Runners, event here today. The 2025 Marathon saw over 25,000 enthusiastic runners participating across categories. This sea of runners was cheered on by an enthusiastic crowd that had gathered at various points along the route of the marathon early this morning from 3.30 am onwards.

The Men’s full marathon was a close affair with just 11 minutes being the difference in timing among the first 5 finishers. It was a tough race and Gyan Bau had to dig in deep to keep off challenge from the previous edition winner, Abhishek Soni, to clinch the top spot and come in first. Abhishek came in the second spot a couple of minutes later. Vinoth Kumar who finished third last year, just missed out, coming in at fourth position.

The Women’s full marathon also saw some spirited running battles with Senait securing top spot. Last year’s third place finisher, Bijoya Barman held on, finishing in the same spot in this marathon.

Gyan Babu, winner of the Men’s Full marathon said, “I love running marathons. This is the 2nd marathon I am running. I am very happy to come to Chennai and I will come back next year. I trained hard for this marathon by practicing a lot in Ooty. My dream is to represent India in marathons at the Asian Games I am very happy with the Chennai marathon. The city is very nice, and the facilities are good, and we had a very good guide every step of the way. The volunteers were very nice and helped me. There were enough of water points and the weather was also very nice. I was motivated to run well and winning here is a dream for me.”

Senait Kefelegn, winner of the Women’s Full marathon said, “I participated in the 22nd December midnight run in Bengaluru and came here directly to run. This is my first time in India. I am very happy with India and especially Chennai. I faced no problems and running was fun here. The facilities and the support that the organizers have provided is truly outstanding and for sure I will return next year.”

The full marathon and twenty miler both started from Napier bridge today morning at 4 am and was flagged off by Mr. Harishankar, co-founder Chennai Runners. Ms. Vaishali Rameshbabu, Chess Grandmaster flagged off the 10 km run.

Freshworks Chennai Marathon 2025, powered by Chennai Runners, the largest running event in Tamil Nadu and the second-largest marathon in India, comprised of four events for men and women including, a Full Marathon (42.195 Km) – the flagship race of the event, the Perfect 20 Miler (32.186 Km), the Half Marathon (21.097 Km) and the 10 Km Run. There were additional categories for the veterans.

A total of Rs. 20,00,000/- (Twenty Lakhs Only) was distributed as prize money this year to the winners in various categories. The 13th edition of the marathon comprised professionals, passionate runners, teams from various corporates across Chennai, several important dignitaries from the corporate world and citizens participating for the first time ever.

This year the Freshworks Chennai Marathon saw participation of over 20% women runners. The marathon also had wheelchair runners.

This marathon was recognized by Abbott World Marathon Majors, one of the largest and most renowned marathons in the world, as a qualifier event. The Marathon was certified by AIMS (The Association of International Marathons and Distance Races), a worldwide association of the organizers of long-distance road running races.

This year, the Freshworks Chennai Marathon 2025 continued the tradition of supporting vital causes that make a real impact in our society. For the 2025 edition the Marathon’s charity initiatives focused on five critical areas including: Health, Sports, Education, Environment and Arts.

For this marathon, Chennai Runners identified and partnered with Bhumi, an organization that works to provide quality education to underprivileged children, Environmentalist Foundation of India (E.F.I), focuses on scientific revival of freshwater bodies and setting up of afforestation sites across India, Hope Ladder Sports Foundation, dedicated to developing athletes from economically disadvantaged backgrounds, NalandaWay Foundation, an organization empowering disadvantaged children and adolescents through art and play and The Tamil Nadu Type 1 Diabetes Foundation for the above mentioned charity initiatives.

Freshworks Chennai Marathon 2025 powered by Chennai Runners was sponsored by Freshworks as Principal Sponsor, Sundaram Finance Group as Silver Partner, Chennai Metro Rail Corporation will be the Metro Partner, and Unived – the Marathon Fueling partner.

Results

Winners

Full Marathon – Men’s

1. Gyan Babu – 02:25:38

2. Abhishek Soni – 02:27:41

3. Mikiyas Yemantra – 02:36:08

Full Marathon – Ladies

1. Senait Kefelegn- 03:09:03

2. Seema- 03:17:18

3. Bijoya Barman – 03:32:36

Half Marathon – Men

1. Sharukh Khan – 01:10:35

2. Jaga Bolt – 01:13:13

3. Shambel Mamo – 01:13:18

Half Marathon – Ladies

1. Eyerusalem Tase – 01:19:53

2. Komal Jagadale – 01:20:24

3. Kaviya Kavi – 01:30:47

32Km (20 miler) – Men’s

1. Prathamesh Paramkar – 01:50:52

2. Nanjundappa M – 01:51:02

3. Sachin Poojary – 01:51:22

32Km (20 miler) – Ladies

1. Kiruthika S – 02:31:47

2. Nishu Priya – 02:54:18

3. Geetanjali Gubbewad – 02:55:11

10Kms – Male

1. Bijanta Khariya – 00:33:59

2. Mohan Kumar V – 00:34:20

3. Siva Sanjay – 00:35:04

10Kms – Ladies

1. Priyanka C Chandrashekar – 00:39:27

2. Pragati Thakur – 00:45:37

3. Jayashree Pitinai – 00:53:48

7th January 2025  New Delhi, Delhi, India  Parimatch is proud to announce its exclusive partnership with the multi-platinum Indian rap mogul, DIVINE, who is taking on the role of the company’s Global Brand Ambassador.

Hailing from the bustling streets of Mumbai, DIVINE (real name Vivian Fernandes), has indelibly etched hip-hop into India’s cultural fabric. His authentic storytelling and powerful lyrics have resonated deeply with audiences, proving that overcoming challenges and forging one’s own path is possible regardless of origin. DIVINE’s journey embodies the spirit of self-expression and passionate pursuit, mirroring Parimatch’s commitment to empowering individuals to transform their dreams into reality. This collaboration celebrates the power of embracing one’s unique identity in the pursuit of excellence.

In his new role as Global brand ambassador for Parimatch, DIVINE will represent it publicly and participate in premium brand experiences for fans worldwide.

“I’m thrilled to be teaming up with Parimatch,” DIVINE shared. “It’s all about taking chances and going beyond what you think is possible—something I’ve always believed in. I didn’t just dream about success, I followed my passion and embraced every opportunity along the way. Parimatch and I are here to remind everyone that if you stay brave and true to yourself, you can make your boldest dreams come true. Can’t wait to see where this journey takes us!”

Parimatch warmly welcomes DIVINE as Global Brand Ambassador and eager to embark on this incredible journey together. As part of the powerful alliance, DIVINE and Parimatch will promote Indian hip-hop culture worldwide and empower their audiences to embrace a lifestyle of bold ambition and a winner’s attitude through exclusive music projects, fan engagements, and live performances that blend music and gaming.

7th January 2025  Bengaluru, Karnataka, India  The Shikshagraha Awards, presented by The Shibulal Family Philanthropic Initiatives, is now open for nominations. These prestigious awards honour individuals dedicated to making education in India more accessible, equitable, and inclusive, with a particular focus on underserved communities.

Whether it’s a teacher inspiring young minds, a parent advocating for better schools, a policymaker shaping the future of education, a young individual designing school improvement initiatives, a volunteer raising funds to build a learning centre or a community member raising awareness about the importance of the education – they all are education leaders building an equitable and inclusive education ecosystem.

Winners of the Shikshagraha Awards will receive a prize of INR 10 lakh, distributed over two years, to support their work in transforming education and creating a lasting impact.

Shikshagraha, built on an audacious aspiration: to reimagine public education as a shared societal mission driven by collective action, is a people’s movement to improve 1 million public schools in India by 2030, ensuring every child has access to quality education and the opportunity to dream and succeed.

“Exceptional education leaders are the catalysts of change, and every action they take creates ripples that transform countless student lives. These leaders never give up, whatever challenge stands in their way, and this dedication inspires entire communities to join the journey toward education equity. The Shikshagraha Awards will honour such individuals who go beyond their formal roles to drive this meaningful change in India’s public education landscape,” said Mr S.D. Shibulal, Co-founder and Former Member of the Board and CEO of Infosys Ltd.; Founder, Shibulal Family Philanthropic Initiatives and Patron – Shikshagraha.

Nomination Process

Nominations for the Shikshagraha Awards are open until January 20, 2025. Forms are available in Hindi, English, Kannada, Tamil, and Telugu. Interested individuals can submit their entries at shikshagraha.org/awards.

Nominees will be evaluated based on their impact, credibility, and micro-improvement evidence in improving education outcomes. The awards will recognise exemplary education leaders working within formal systems as well as at the community level.

Award Presentation

The winners of the Shikshagraha Awards will be announced on March 7, 2025, in Bengaluru on the first day of InvokED 4.0 – an annual global dialogue on education leadership where experts, educators, and changemakers come together to build the movement towards education equity. As part of this visionary dialogue, the Shikshagraha Awards will spotlight the essential role of leadership in advancing education equity. The Shikshagraha Awards are more than recognition; they amplify stories of courage and inspire action across the movement towards education equity.

7th January 2025  New Delhi, Delhi, India  Medical Technology Association of India (MTaI) is gearing up to host its flagship event, MedTekon 2025, on 30th January 2025 at the Taj Palace, New Delhi. MedTekon will feature informed panel discussions, provide networking opportunities with the who’s who from the sector and also host an exhibition showcasing innovations in MedTech.

So far Health Ministers of neighbouring countries like Bhutan and Myanmar have already confirmed their participation as “Guests of Honour”. The event will also be attended by senior representatives from embassies such as United States, United Kingdom, Germany, Sweden, Norway, Netherlands, Japan.

From the Indian side Dr. V. K. Paul, Member, Niti Aayog, will grace the occasion as Guest of Honour. The list of honourable guests from other ministries and countries is growing. The event will also feature key dignitaries from the Government e-Marketplace, Bureau of Indian Standards, and other relevant government bodies, to further streamlining of regulatory harmonization and creating greater ease of doing business.

The highlight of the event will be exchanges among leading CEOs of MedTech companies, policy makers, investors, healthcare providers, and MedTech innovators. All aimed at nurturing the buzzing MedTech ecosystem in India through investments, policy reforms, and strategic partnerships. And drawing lessons from here for the world.

The day-long conference will include thought provoking panel discussions covering a range of currently relevant topics across geographies like:

1. Catalyzing Foreign & Domestic Investments in MedTech

2. Facilitating Reimbursements in MedTech for Universal Patient Access

3. How MedTech Equips Hospitals for Better Patient Outcomes

4. Simplifying Regulations, Harmonizing Standards, and Reducing Non-Tariff Barriers

5. Widening the Circle of Probity: Uniform Code for Marketing Practices in Medical Devices and the Future of Medical Device Skilling

Sharing his thoughts on the event, Mr. Pavan Choudary, Chairman of MTaI, said, “MedTekon advances MTaI’s commitment to enhancing patient access to quality healthcare while driving the growth of India’s MedTech sector. We want MedTekon to be an exchange between the informed and the resourceful. MedTekon will not only elevate the quality of dialogue but also affirm India’s readiness to trailblaze as both a thought leader and a champion of best practices in the global MedTech landscape.”

Throughout the day, attendees will engage in high-level discussions, explore cutting-edge ideas and contribute to shaping a shared vision for the future of the sector. All in a warm and friendly environment.

7th January 2025 Delhi NCR, India The year 2024 was remarkable for the Indian real estate market, witnessing an upward growth trajectory in the luxury segment. Affluent buyers, including HNIs and NRIs, dominated the market, propelling the demand and sales. The year ended on a high note in terms of the sector’s performance across the top seven cities. As per JLL’s report, housing sales have remained healthy and hit a new peak during the January-September period in 2024 with close to 230,000 homes across the top seven cities worth Rs 380,000 crore already sold.

This momentum has carried into 2025, with the housing sector continuing to flourish, supported by strong economic fundamentals, evolving buyer preferences, and favorable policy outlooks. The year 2025 is also likely to see further strength in the housing sector, especially the luxury segment where the general consumption trend of premiumisation is most visible.

Besides, peripheral micro-markets around metro cities have emerged as key growth drivers in the real estate landscape, witnessing significant price appreciation. Over the past six years, these areas have seen prices rise by up to 69%, surpassing the growth observed in prime city locations. This trend is expected to continue into 2025, as per Anarock data. The higher scope for price appreciation in these peripheral zones, compared to prime areas that have already experienced substantial growth, positions them as attractive options for both homebuyers and investors seeking long-term value.

In NCR’s peripheral Noida Expressway, average residential prices rose 66% in the last six years, from Rs 5,075 per sq ft in 2019 to Rs 8,400 per sq ft in Q3 2024. Meanwhile, Dwarka Expressway saw a significant 93% jump in average residential prices, from Rs 5,359 per sq ft in 2019 to Rs 10,350 per sq ft in Q3 2024. This consistent increase in home prices highlights the strength and stability of the Indian housing sector. The upward trend reflects not just demand dynamics but also the growing confidence of buyers and investors in the market’s long-term potential.

Sachin Gawri, Founder and CEO, RISE Infraventures, says, “After the exponential growth in 2024, the Indian real estate market is poised for continued expansion in 2025. Factors like favorable interest rates, growing economic stability, and evolving buyer preferences are propelling the industry forward. While luxury housing remains a strong segment, the sector as a whole is experiencing a shift, with significant interest in emerging micro-markets and new investment avenues. Thus, we expect an increased demand in 2025 navigating this dynamic market, especially from investors looking to capitalize on untapped opportunities.”

Moreover, the sector is also anticipated to see a shift in affordability in 2025, driven by a projected cumulative 50-basis-point cut in interest rates over the next few months, which is anticipated to make homeownership more accessible for buyers as per JLL’s study. With lower home loan EMIs, housing becomes more affordable for middle-income groups and first-time buyers, potentially unlocking a new wave of demand in the residential real estate market. Beyond affordability, reduced interest rates are expected to stimulate the overall economy by encouraging spending and investment. As borrowing costs decrease, developers may also find it easier to secure financing for new projects, fostering growth across the housing market.

Manoj Gaur, President, CREDAI-NCR and CMD, Gaurs Group, says, “While the sector is seeing an increased demand for luxury homes driven by HNIs seeking premium offerings, affordability remains a crucial factor for a large segment of homebuyers. The anticipated interest rate cuts in 2025 are expected to strike a balance, enhancing affordability and stimulating demand across a range of market segments. This growing demand for both affordable and luxury housing highlights the resilience of the sector, with buyers gravitating toward properties that align with their financial capacities and aspirations. We foresee sustained growth in both segments, creating a dynamic market environment this year.”

Amit Modi, Director, County Group, says, “Within the real sector Luxury and Ultra Luxury sectors are evolving rapidly, and we see immense potential for growth in both established and emerging markets as discerning buyers continue to invest in properties that align with their aspirations and values. Luxury housing is not just about high-end amenities; it’s about creating a lifestyle experience. High-end housing buyers today are global citizen and seek homes that offer exclusivity, superior design, and comfort at par with global best practices. The year 2025 will be very much an year of premium housing and we look forward to delivering projects that meet these expectations while setting new benchmarks in luxury living.”

Mohit Kalia, VP Sales and Marketing, Raheja Developers, says, “Peripheral areas around metro cities are gaining traction due to improved infrastructure and connectivity. The year 2025 is expected to see a significant rise in demand for properties in these locations, further diversifying the real estate landscape. These markets present excellent opportunities for high returns and are becoming increasingly popular among modern homebuyers. Dwarka Expressway, in particular, becomes a key growth driver in Gurugram, enhancing the region’s real estate appeal. By developing projects in the region, we aim to cater to evolving buyer preferences while capitalizing on their potential for price appreciation.”

Therefore, 2025 is shaping up as another landmark year for Indian real estate. The sector’s growth trajectory is supported by robust demand, strategic policy interventions, and an expanding market for luxury homes. Developers and investors are poised to benefit from the opportunities presented by this dynamic landscape.