By Mr. Samyak Jain, Director, Siddha Group, shares his outlook on the housing market, evolving homebuyer preferences and the year ahead.
Diwali has always been a special time for all of us. It is a festival that brings families together and reminds us of the importance of happiness, prosperity and new beginnings. As we celebrate Diwali and welcome Samvat 2083, we look forward to the year ahead with hope, confidence and positivity.
For most Indian families, buying a home is not just a financial decision. It is an emotional milestone and one of the biggest dreams they work towards. A home is where families grow, children make memories and people build a future together. This is what makes the real estate sector so closely connected to people’s lives.
The Indian housing market has shown encouraging resilience, and Mumbai continues to be one of its key markets. According to Knight Frank India, the city recorded 12,690 property registrations in October 2026, registering a 9% increase over the same month last year. Between January and October 2026, property registrations reached 1,32,040, reflecting a 7% year-on-year growth. These numbers indicate that homebuyer confidence continues to remain healthy.
We are also seeing that buyers today are more thoughtful about their decisions. They are looking for homes that offer the right combination of location, connectivity, construction quality, practical amenities and long-term value. There is also a growing preference for well-planned developments where families can enjoy a comfortable lifestyle and a sense of community.
At Siddha Group, we believe that trust is the foundation of every home we build. As we enter Samvat 2083, our focus will continue to be on delivering quality homes, understanding the needs of homebuyers and creating developments that people can take pride in. We also value the continued support of our customers, channel partners, employees and associates, who have been an important part of our journey.
On behalf of the entire Siddha Group family, we wish everyone a very Happy Diwali and a prosperous Samvat 2083. May the new year bring happiness, good health, success and many new beginnings for everyone. Shubh Deepawali and Saal Mubarak!
