<p>In a bold move to strengthen its financial leadership, <a href="https://www.aurumproptech.in/pulse">REA India</a>, the powerhouse behind <a href="https://www.housing.com">Housing.com</a>, <a href="https://www.proptiger.com">PropTiger.com</a>, and <a href="https://www.makaan.com">Makaan.com</a>, has appointed <strong>Amit Chand</strong> as its new <strong>Chief Financial Officer (CFO)</strong>. With over <strong>two decades of experience</strong>, Amit brings a wealth of expertise in <strong>finance, risk assurance, legal compliance, and procurement</strong>—critical areas that will shape the company's next phase of growth.</p>  

<h2>Amit Chand’s Journey: A Proven Leader</h2>  
<p>Before stepping into his role at <strong>REA India</strong>, Amit served as the <strong>CFO at TCNS Clothing</strong>, where he played a pivotal role in financial structuring and business expansion. His track record in <strong>scaling businesses</strong> and <strong>enhancing financial operations</strong> makes him an invaluable asset to <strong>REA India’s Executive Leadership Team</strong>.</p>  

<h2>A Vision for Innovation and Growth</h2>  
<p>Speaking about the appointment, <strong>Dhruv Agarwala, Group CEO of Housing.com & PropTiger.com</strong>, expressed confidence in Amit’s ability to steer the company forward:</p>  
<p><i style = "margin: 2px 0;">"His proven financial acumen and strategic insights will be instrumental in driving our momentum and unlocking greater value for our customers and stakeholders."</i></p>  

<h2>REA India’s Expanding Footprint</h2>  
<p>As part of <a href="https://www.rea-group.com">REA Group</a>, a <strong>global real estate technology leader from Australia</strong>, <strong>REA India</strong> continues to push boundaries in <strong>proptech innovation</strong>. Its platforms, including <a href="https://www.housing.com">Housing.com</a>, <a href="https://www.proptiger.com">PropTiger.com</a>, and <a href="https://www.makaan.com">Makaan.com</a>, have been pivotal in transforming India's real estate landscape, making property transactions seamless and data-driven.</p>  

<p>With <strong>Amit Chand</strong> at the financial helm, the company is poised for an era of <strong>accelerated growth</strong>, enhanced <strong>operational efficiency</strong>, and stronger <strong>market leadership</strong>.</p>

a strategic appointment for a visionary future in a bold move to strengthen its financial leadership rea india the powerhouse behind housing com proptiger com and makaan com has appointed amit chand as its new chief financial officer cfo with over two decades of experience amit brings a wealth of expertise in finance risk assurance legal compliance and procurement critical areas that will shape the companys next phase of growth amit chands journey a proven leader before stepping into his role at rea india amit served as the cfo at tcns clothing where he played a pivotal role in financial structuring and business expansion his track record in scaling businesses and enhancing financial operations makes him an invaluable asset to rea indias executive leadership team a vision for innovation and growth speaking about the appointment dhruv agarwala group ceo of housing com and proptiger com expressed confidence in amits ability to steer the company forward his proven financial acumen and strategic insights will be instrumental in driving our momentum and unlocking greater value for our customers and stakeholders rea indias expanding footprint as part of rea group a global real estate technology leader from australia rea india continues to push boundaries in proptech innovation its platforms including housing com proptiger com and makaan com have been pivotal in transforming indias real estate landscape making property transactions seamless and data driven with amit chand at the financial helm the company is poised for an era of accelerated growth enhanced operational efficiency and stronger market leadership

Amit Chand joins REA India as CFO, bringing 20+ years of financial expertise to strengthen leadership and drive growth in the proptech sector.

REA India Welcomes Amit Chand as CFO to Drive Growth Forward

REA India appoints Amit Chand as CFO to strengthen financial strategies and drive business growth in the real estate technology sector.

<h2>Finding Your Second Home Oasis Near Mumbai</h2>
<p>For many <a href="https://www.aurumproptech.in/pulse/media/mumbai-real-estate-75982-h1-registrations-5-percent-growth" target="_blank">Mumbai</a> residents, the dream of owning a second home close to the financial capital is alive and well—even on a budget of ₹50 lakh. While the classic weekend getaways of Lonavala, Igatpuri, and Alibaug may be out of reach at this price, the <a href="https://www.naredco.in" target="_blank">Karjat-Neral belt</a> is emerging as a beacon of hope for value-conscious buyers.</p>

<h2>Where Can You Buy?</h2>
<p>According to <b>Gautam Thacker</b>, chairman of NAREDCO Karjat-Neral Belt, a ₹50 lakh budget can still secure a slice of tranquility. Buyers can consider purchasing land in areas like Karjat, Neral, Shahapur, or Murbad from Grade B developers for around ₹20 lakh, then invest the remaining ₹30 lakh in building a 2BHK independent home. Alternatively, a 2BHK apartment with scenic Matheran hill views in Neral is available for about ₹30 lakh.</p>
<p>For those dreaming of a villa in Lonavala or Igatpuri, the reality is steeper—budgets of <b>₹1–2 crore</b> are now the norm, with Alibaug commanding even higher prices due to its proximity to South Mumbai.</p>

<h2>Emerging Destinations and Developer Activity</h2>
<p>The post-pandemic era has seen a surge in plotted and villa developments across Maharashtra, with leading developers like <a href="https://www.rustomjee.com" target="_blank">Rustomjee Group</a>, <a href="https://www.godrejproperties.com" target="_blank">Godrej Properties</a>, and <a href="https://www.mahindralifespaces.com" target="_blank">Mahindra Lifespaces</a> launching projects in locations such as Lonavala, Khandala, Dapoli, Alibaug, Manor, Igatpuri, Kasara Ghat, and the Karjat-Neral belt.</p>

<h2>What Should Buyers Keep in Mind?</h2>
<ul>
  <li><strong>Do Your Homework:</strong> Before investing in land or an independent house, conduct thorough legal due diligence. Understand the difference between agricultural and non-agricultural land, and always verify ownership titles.</li>
  <li><strong>Check Key Documents:</strong> Review the property card, 7/12 extract, property tax receipts, and water connection bills. These documents are essential to confirm legal status and avoid disputes.</li>
  <li><strong>Know Your Taxes:</strong> NRIs are barred from buying agricultural land under FEMA regulations. Domestic buyers should budget for stamp duty, registration charges, property tax, and water tax. Be aware of potential capital gains tax if you decide to sell.</li>
  <li><strong>Rental Potential:</strong> Partnering with property management firms can yield up to 10% annual rental returns, making your second home a smart investment.</li>
</ul>

<p>With careful research and the right guidance, owning a second home near Mumbai for ₹50 lakh is still possible—especially in emerging pockets like <a href="https://www.naredco.in" target="_blank">Karjat-Neral</a> and <a href="https://www.maharera.mahaonline.gov.in" target="_blank">Murbad</a>.</p>

Finding Your Second Home Oasis Near Mumbai For many Mumbai residents the dream of owning a second home close to the financial capital is alive and well even on a budget of 50 lakh While the classic weekend getaways of Lonavala Igatpuri and Alibaug may be out of reach at this price the Karjat Neral belt is emerging as a beacon of hope for value conscious buyers Where Can You Buy According to Gautam Thacker chairman of NAREDCO Karjat Neral Belt a 50 lakh budget can still secure a slice of tranquility Buyers can consider purchasing land in areas like Karjat Neral Shahapur or Murbad from Grade B developers for around 20 lakh then invest the remaining 30 lakh in building a 2BHK independent home Alternatively a 2BHK apartment with scenic Matheran hill views in Neral is available for about 30 lakh For those dreaming of a villa in Lonavala or Igatpuri the reality is steeper budgets of 1 2 crore are now the norm with Alibaug commanding even higher prices due to its proximity to South Mumbai Emerging Destinations and Developer Activity The post pandemic era has seen a surge in plotted and villa developments across Maharashtra with leading developers like Rustomjee Group Godrej Properties and Mahindra Lifespaces launching projects in locations such as Lonavala Khandala Dapoli Alibaug Manor Igatpuri Kasara Ghat and the Karjat Neral belt What Should Buyers Keep in Mind Do Your Homework Before investing in land or an independent house conduct thorough legal due diligence Understand the difference between agricultural and non agricultural land and always verify ownership titles Check Key Documents Review the property card 7 12 extract property tax receipts and water connection bills These documents are essential to confirm legal status and avoid disputes Know Your Taxes NRIs are barred from buying agricultural land under FEMA regulations Domestic buyers should budget for stamp duty registration charges property tax and water tax Be aware of potential capital gains tax if you decide to sell Rental Potential Partnering with property management firms can yield up to 10 annual rental returns making your second home a smart investment With careful research and the right guidance owning a second home near Mumbai for 50 lakh is still possible especially in emerging pockets like Karjat Neral and Murbad For more on real estate regulations and project approvals visit MahaRERA

Explore affordable second home options near Mumbai for ₹50 lakh. Discover promising locations, key legal checks, and expert investment tips.

Affordable Second Homes Near Mumbai: Where ₹50 Lakh Still Opens Doors

<h2>Pune’s Housing Market: A Turning Point</h2>
<p>For seven years, <a href="https://www.aurumproptech.in/pulse/media/casagrand-caladium-launches-pune-genelia-riteish-ambassadors" target="_blank">Pune’s real estate</a> market rode a wave of growth—prices climbed, supply expanded, and homebuyers flocked to new projects. But in 2025, the city’s property story is taking a new turn. The latest <a href="https://www.gera.in/" target="_blank">Gera Developments Private Limited</a> report reveals a market entering a phase of consolidation, shaped by what experts call “sticker shock”—the cumulative impact of rising prices and ever-larger homes.</p>

<h2>The Price of Progress</h2>
<p>While prices rose a moderate 7.31% year-on-year, the past five years have seen a 40% jump in rates and a 25% increase in average home sizes. The result? A staggering 76% surge in the average sticker price. For many buyers in the budget and upper-mid segments, this has pushed homes out of reach. Meanwhile, affluent buyers are gravitating toward larger, more luxurious residences, reshaping demand across the city.</p>

<h2>Buyers Hit the Brakes</h2>
<p><i>“We’re witnessing the market respond to a steep escalation in total ticket size—what we’re calling sticker shock,”</i> said <b>Rohit Gera</b>, Managing Director of Gera Developments. <i>“Even though interest rates have come down over the last six months, affordability remains a concern as the total outgo for buyers has increased by 76% over five years.”</i></p>
<p>This sticker shock is causing buyers to pause, slowing purchase decisions and softening demand. Developers are responding with caution, curbing new launches and rethinking home configurations. Gera expects smaller, more efficient homes to return, making properties accessible not through price cuts, but through smarter layouts.</p>

<h2>Shifting Market Dynamics</h2>
<ul>
  <li>Prices for new project launches are down 4.73% over the last year, even as the overall market trend remains upward.</li>
  <li>East Pune leads the city in price appreciation, with a 9.6% increase, followed by West Pune at 6.8%.</li>
  <li>Pune now has 2,605 residential projects under development, up 6.7% since June 2024.</li>
  <li>Small projects (under 100 units) have declined by 39% since 2018, while large projects (over 500 units) have surged by 70%.</li>
</ul>

<h2>Emerging Hotspots and Buyer Trends</h2>
<p>Areas like Hinjewadi, now connected by new Metro corridors, are seeing stable prices and increased traction from buyers focused on affordability. The market is consolidating, with developers prioritizing financial stability and efficient design to meet evolving buyer needs.</p>

<p>As Pune’s real estate enters this phase of strategic recalibration, buyers are urged to choose projects from developers with strong financial credentials. For those seeking value and long-term security, this is a critical moment to act with care and foresight.</p>

Pune s Housing Market A Turning Point For seven years Pune s real estate market rode a wave of growth prices climbed supply expanded and homebuyers flocked to new projects But in 2025 the city s property story is taking a new turn The latest Gera Developments Private Limited report reveals a market entering a phase of consolidation shaped by what experts call sticker shock the cumulative impact of rising prices and ever larger homes The Price of Progress While prices rose a moderate 7 31 year on year the past five years have seen a 40 jump in rates and a 25 increase in average home sizes The result A staggering 76 surge in the average sticker price For many buyers in the budget and upper mid segments this has pushed homes out of reach Meanwhile affluent buyers are gravitating toward larger more luxurious residences reshaping demand across the city Buyers Hit the Brakes We re witnessing the market respond to a steep escalation in total ticket size what we re calling sticker shock said Rohit Gera Managing Director of Gera Developments Even though interest rates have come down over the last six months affordability remains a concern as the total outgo for buyers has increased by 76 over five years This sticker shock is causing buyers to pause slowing purchase decisions and softening demand Developers are responding with caution curbing new launches and rethinking home configurations Gera expects smaller more efficient homes to return making properties accessible not through price cuts but through smarter layouts Shifting Market Dynamics Prices for new project launches are down 4 73 over the last year even as the overall market trend remains upward East Pune leads the city in price appreciation with a 9 6 increase followed by West Pune at 6 8 Pune now has 2 605 residential projects under development up 6 7 since June 2024 Small projects under 100 units have declined by 39 since 2018 while large projects over 500 units have surged by 70 Emerging Hotspots and Buyer Trends Areas like Hinjewadi now connected by new Metro corridors are seeing stable prices and increased traction from buyers focused on affordability The market is consolidating with developers prioritizing financial stability and efficient design to meet evolving buyer needs As Pune s real estate enters this phase of strategic recalibration buyers are urged to choose projects from developers with strong financial credentials For those seeking value and long term security this is a critical moment to act with care and foresight 

Pune’s real estate market enters a consolidation phase as rising prices and larger homes trigger affordability concerns and cautious buyer sentiment.

Pune Real Estate Faces Market Reset as Buyers Pause Amid Sticker Shock

<h2>The Story of a Surging Skyline</h2>
<p>In the heart of <a href="https://www.aurumproptech.in/pulse/media/golf-links-bungalow-sells-100-crore-lutyens-market-booms" target="_blank">India’s capital region</a>, a new chapter is being written in the story of wealth, aspiration, and urban transformation. The first half of 2025 witnessed a phenomenon that stunned even seasoned real estate watchers: Delhi-NCR’s luxury home sales skyrocketed by 209%, with 3,960 homes priced at <b>₹6 crore</b> and above finding buyers—over three times the 1,280 units sold a year ago.</p>
<p>This is not just a statistic. It’s a reflection of a society in motion, where ambition, lifestyle, and investment converge to shape the skylines and dreams of tomorrow.</p>

<h2>Why Is Luxury Housing Booming?</h2>
<ul>
  <li>
    <strong>Rising Fortunes and Financial Confidence</strong>
    <p>A wave of prosperity is sweeping through India’s salaried professionals and entrepreneurs. With the Reserve Bank of India holding interest rates steady, home loans—even in the luxury segment—have become more attractive, giving buyers the confidence to invest in their dream homes.</p>
  </li>
  <li>
    <strong>A New Definition of Home</strong>
    <p>The post-pandemic world has changed what people want from their homes. Today’s buyers crave spacious, amenity-rich residences in prime locations. The desire for a sanctuary that blends comfort, wellness, and exclusivity is stronger than ever.</p>
  </li>
  <li>
    <strong>Developers Step Up</strong>
    <p>Developers have responded with a renewed focus on transparency, high-end finishes, and customer experience. This commitment to quality has fostered trust and elevated the entire buying journey.</p>
  </li>
  <li>
    <strong>Stable Policy, Stronger Demand</strong>
    <p>Government reforms and a stable policy environment have further fueled the surge. The Union Budget’s reform measures and RBI’s accommodative stance have boosted disposable incomes and market sentiment.</p>
  </li>
</ul>

<h2>Where Are the Biggest Leaps?</h2>
<table>
  <tr>
    <th>City</th>
    <th>H1 2025 Sales</th>
    <th>H1 2024 Sales</th>
    <th>Growth</th>
  </tr>
  <tr>
    <td>Delhi-NCR</td>
    <td>3,960</td>
    <td>1,280</td>
    <td>209%</td>
  </tr>
  <tr>
    <td>Mumbai</td>
    <td>1,240</td>
    <td>950</td>
    <td>29%</td>
  </tr>
  <tr>
    <td>Bengaluru</td>
    <td>200</td>
    <td>80</td>
    <td>150%</td>
  </tr>
  <tr>
    <td>Chennai</td>
    <td>Significant</td>
    <td>Significant</td>
    <td>&gt;2.5x</td>
  </tr>
  <tr>
    <td>Kolkata</td>
    <td>Significant</td>
    <td>Significant</td>
    <td>&gt;2.5x</td>
  </tr>
  <tr>
    <td>Hyderabad</td>
    <td>Slight drop</td>
    <td>—</td>
    <td>—</td>
  </tr>
  <tr>
    <td>Pune</td>
    <td>Slight drop</td>
    <td>—</td>
    <td>—</td>
  </tr>
</table>
<p>Across the top seven cities, luxury home sales rose to 6,950 units in January–June 2025 from 3,750 a year earlier, with Delhi-NCR contributing nearly 57% of all luxury sales.</p>

<h2>The New Buyer’s Checklist</h2>
<ul>
  <li>
    <strong>Timing Is Everything</strong>
    <p>With demand surging, prices are likely to follow. Early movers may benefit from more favorable prices and greater choice.</p>
  </li>
  <li>
    <strong>Do Your Homework</strong>
    <ul>
      <li>Ensure RERA compliance</li>
      <li>Research developer reputation</li>
      <li>Assess resale value</li>
    </ul>
  </li>
  <li>
    <strong>Think Long-Term</strong>
    <p>Luxury homes are not just about lifestyle—they are strategic investments in land-scarce urban markets.</p>
  </li>
  <li>
    <strong>Financing Edge</strong>
    <p>High-value home loans can offer preferential rates and tax benefits. Always consult a financial advisor for optimal structuring.</p>
  </li>
</ul>

<h2>The Road Ahead</h2>
<p>This luxury housing boom is more than a market trend—it’s a signal of India’s evolving aspirations and economic resilience. As policy reforms continue and developers innovate, the skyline of cities like Delhi-NCR will keep rising, reflecting the ambitions of a new generation.</p>

The Story of a Surging Skyline In the heart of India’s capital region a new chapter is being written in the story of wealth aspiration and urban transformation The first half of 2025 witnessed a phenomenon that stunned even seasoned real estate watchers Delhi NCR’s luxury home sales skyrocketed by 209 with 3960 homes priced at 6 crore and above finding buyers over three times the 1280 units sold a year ago This is not just a statistic It’s a reflection of a society in motion where ambition lifestyle and investment converge to shape the skylines and dreams of tomorrow Why Is Luxury Housing Booming Rising Fortunes and Financial Confidence A wave of prosperity is sweeping through India’s salaried professionals and entrepreneurs With the Reserve Bank of India holding interest rates steady home loans even in the luxury segment have become more attractive giving buyers the confidence to invest in their dream homes A New Definition of Home The post pandemic world has changed what people want from their homes Today’s buyers crave spacious amenity rich residences in prime locations The desire for a sanctuary that blends comfort wellness and exclusivity is stronger than ever Developers Step Up Developers have responded with a renewed focus on transparency high end finishes and customer experience This commitment to quality has fostered trust and elevated the entire buying journey Stable Policy Stronger Demand Government reforms and a stable policy environment have further fueled the surge The Union Budget’s reform measures and RBI’s accommodative stance have boosted disposable incomes and market sentiment Where Are the Biggest Leaps City H1 2025 Sales H1 2024 Sales Growth Delhi NCR 3960 1280 209 Mumbai 1240 950 29 Bengaluru 200 80 150 Chennai Significant Significant 2.5x Kolkata Significant Significant 2.5x Hyderabad Slight drop Pune Slight drop Across the top seven cities luxury home sales rose to 6950 units in January June 2025 from 3750 a year earlier with Delhi NCR contributing nearly 57 of all luxury sales The New Buyer’s Checklist Timing Is Everything With demand surging prices are likely to follow Early movers may benefit from more favorable prices and greater choice Do Your Homework Ensure RERA compliance Research developer reputation Assess resale value Think Long Term Luxury homes are not just about lifestyle they are strategic investments in land scarce urban markets Financing Edge High value home loans can offer preferential rates and tax benefits Always consult a financial advisor for optimal structuring The Road Ahead This luxury housing boom is more than a market trend it’s a signal of India’s evolving aspirations and economic resilience As policy reforms continue and developers innovate the skyline of cities like Delhi NCR will keep rising reflecting the ambitions of a new generation

Delhi-NCR’s luxury home sales soared 209% in H1 2025, reflecting India’s new wealth and rising aspirations. Discover the drivers and future outlook.

REA India Welcomes Amit Chand as CFO to Drive Growth Forward

Amit Chand’s Journey: A Proven Leader

A Vision for Innovation and Growth

REA India’s Expanding Footprint

Read More

Affordable Second Homes Near Mumbai: Where ₹50 Lakh Still Opens Doors

Pune Real Estate Faces Market Reset as Buyers Pause Amid Sticker Shock

Luxury Living Redefined: Delhi-NCR’s Record-Breaking Boom in High-End Home Sales

Unlock the Latest in Real Estate

Reach Out to Us

Reach Out to Us

“Data that drives action. Insight that inspires action. Technology that empowers action.“