Real estate sector faces challenges amid declining home sales and high prices
1 week ago

Real estate sector faces challenges amid declining home sales and high prices

Hindustan Times  

India's primary housing market may register a modest single-digit price rise in 2025 after appreciating by an average 21 per cent last year as developers are expected to boost new supply to match up demand, according to industry experts. After increasing by an average of 21% last year, India's primary housing market may have a small single-digit price increase in 2025 as developers are anticipated to increase new supply to keep up with demand Real estate developers and property consultants are expecting that the RBI will cut the repo rate this year, enabling banks to lower interest rates on home loans. Realtors apex body CREDAI National President Boman Irani pointed out that the Indian real estate sector, which is the second biggest job creator, still faces "policy-related roadblocks" restricting it from realising its full growth potential. Irani stressed the need to redefine affordable housing, expand 80C benefits, and reduce interest rates to propel growth in Indian real estate, whose market size -- as per Naredco-Knight Frank report -- stood at nearly USD 500 billion in 2022 and is estimated to reach USD 5.8 trillion by 2047.

India Growth Mumbai Housing Indian Sales 2025 Units Demand Estate Real Cent Housing Sales Real Estate Sector New Supply Sector Faces  market  amid  cent  growth  prices  estate  housing  declining  sector  faces  sales  high  units  challenges  real  2025  demand

History of this topic

UAE real estate sees steady growth in projects, record transactions in 2024
3 days ago

UAE real estate sees steady growth in projects, record transactions in 2024

Hindustan Times  

The United Arab Emirates 's real estate sector maintained its growth momentum throughout 2024, marked by an increase in real estate projects and infrastructure investments, reinforcing its position as a key pillar of the country's economic growth. According to the official data from the local real estate authorities of the four emirates, the total value of real estate transactions reached …

Indian real estate's institutional investments touched $6.5 billion in 2024, industrial and warehousing dominate: Report
3 days ago

Indian real estate's institutional investments touched $6.5 billion in 2024, industrial and warehousing dominate: Report

Hindustan Times  

Institutional investments in Indian real estate crossed $6.5 billion inflows in 2024, marking a significant 22% increase from the previous year's $5.4 billion, according to a January 6 report by Colliers India. Institutional investments in Indian real estate crossed $6.5 billion inflows in 2024, marking a significant 22% increase from the previous year's $5.4 billion, according to Colliers India. Overall, …

Here’s what you can get at India’s ₹100 crore addresses
4 days, 1 hour ago

Here’s what you can get at India’s ₹100 crore addresses

Live Mint  

When you rise to the level of self-actualization, the final stage of Maslow’s need hierarchy, the world is your oyster. “2024 saw a rise in ₹100 crore-plus transactions, particularly in Delhi-NCR, Mumbai and Bengaluru," said Ritesh Mehta, senior director and head–north, west & east residential services, India, at Jones Lang LaSalle Inc., or JLL, a property consultancy. “Gurgaon’s Golf Course …

Real Estate Outlook 2025: 5 most sought-after areas for buying an apartment in the Mumbai Metropolitan Region
6 days, 21 hours ago

Real Estate Outlook 2025: 5 most sought-after areas for buying an apartment in the Mumbai Metropolitan Region

Hindustan Times  

Mumbai real estate market reported over 1.41 lakh property registrations in 2024 and is expected to grow steadily in 2025, according to experts. However, according to the property registration data, western suburbs and central suburbs remain the most sought-after areas for buying an apartment in the Mumbai real estate market, data from Knight Frank India, a real estate consultancy, reveals. …

Housing prices may see modest growth in 2025, says property experts
1 week ago

Housing prices may see modest growth in 2025, says property experts

Live Mint  

New Delhi, Jan 1 India's primary housing market may register a modest single-digit price rise in 2025 after appreciating by an average 21 per cent last year as developers are expected to boost new supply to match up demand, according to industry experts. Anarock Chairman Anuj Puri expects the housing market to "stabilise" in 2025, with muted growth in prices …

Year-ender 2024: Residential transactions cross 5.7 lakh mark, property prices jump 60% in 5 years
1 week, 1 day ago

Year-ender 2024: Residential transactions cross 5.7 lakh mark, property prices jump 60% in 5 years

Hindustan Times  

The Indian residential sector clocked 5.77 lakh property transactions in 2024, up by 4% from 5.56 lakh in 2023. Mumbai recorded the highest number of residential transactions worth ₹1.6 lakh crore with over 1.3 lakh units. Bengaluru and Pune followed with ₹0.6 lakh crore of residential transactions with 0.8 lakh and 1 lakh units, respectively. Western India dominated residential transactions …

India’s housing market in de-growth phase, pins hopes on Budget
1 week, 2 days ago

India’s housing market in de-growth phase, pins hopes on Budget

Live Mint  

New Delhi, New home sales in India declined for the first time since the pandemic, as a sharp rise in housing prices and elevated borrowing costs ruined buyers' appetite in 2024 and the real estate industry is now eyeing the upcoming Budget for favourable economic conditions a key to reviving demand conditions. India's residential real estate market, estimated to be …

Navigating the future: Real estate sector insights by Raja Venkatraman—30 December
1 week, 3 days ago

Navigating the future: Real estate sector insights by Raja Venkatraman—30 December

Live Mint  

The Indian real estate sector is witnessing a bullish phase, fuelled by strong demand in key cities like Bangalore, Hyderabad, and Mumbai. View Full Image The recent market-wide volatility, driven by the Nifty's correction, has done little to shake the Indian real estate sector's strength. Three stocks from the real estate sector to buy, recommended by NeoTrader’s Raja Venkatraman: • …

India’s real estate to remain gung ho on luxury, premium housing in 2025 as affordable takes a backseat
1 week, 3 days ago

India’s real estate to remain gung ho on luxury, premium housing in 2025 as affordable takes a backseat

Live Mint  

Come 2025, India’s real estate developers will double down on luxury and premium housing, leaving the affordable segment to catch up. “We are strategically leveraging the robust demand in the luxury real estate segment by curating projects that align with the evolving preferences of modern buyers," said Robin Mangla, president, M3M India. DLF Ltd, India’s largest listed real estate company, …

Homeowners have no incentive to sell. Here’s why
1 week, 3 days ago

Homeowners have no incentive to sell. Here’s why

CNN  

CNN — This year, America’s once-in-a-generation housing slump deepened — but 2025 may not see much improvement. Here’s what economists expect of the housing market in 2025: Homeowners are still locked in The US housing market is on track for its worst sales year in nearly three decades, according to NAR data. “It’s become more of a buyer’s market this …

Housing supply up 44 pc in NCR this year to 53K units; luxury home share in launches 60 pc: Anarock
1 week, 3 days ago

Housing supply up 44 pc in NCR this year to 53K units; luxury home share in launches 60 pc: Anarock

Live Mint  

New Delhi, The Delhi-NCR housing market witnessed a 44 per cent growth in new supply this year to 53,000 units, of which nearly 60 per cent were ultra-luxury homes priced above ₹2.5 crore each, according to Anarock. As per the Anarock data, Delhi-NCR launched 53,000 new housing units in 2024 a significant 44 per cent rise over 2023. According to …

By 2030, 60% of new home buyers will be Millennials and Gen Z in India: Report
1 week, 6 days ago

By 2030, 60% of new home buyers will be Millennials and Gen Z in India: Report

Hindustan Times  

Millennials and Gen Z buyers will comprise about 60% of new homebuyers by 2030, a report by real estate consultant JLL said. It further stated that India's housing market is poised for a remarkable transformation by 2025, driven by rapid urbanisation, technological innovations, and changing consumer preferences, stated Ritesh Mehta, Senior Director and Head, Residential Services and Developer Initiative, JLL …

India real estate: Housing sales marginally down by 4% in top seven cities, Kolkata and Chennai the most hit: ANAROCK
1 week, 6 days ago

India real estate: Housing sales marginally down by 4% in top seven cities, Kolkata and Chennai the most hit: ANAROCK

Hindustan Times  

Housing sales in the top seven Indian cities witnessed a marginal fall of 4% in 2024, with over 4.59 lakh units being sold compared to over 4.76 lakh units in 2023, according to the data of ANAROCK, a real estate consultancy. India real estate update: Housing sales in the top seven Indian cities witnessed a marginal fall of 4% in …

Realty sector grows despite HYDRAA fears
2 weeks ago

Realty sector grows despite HYDRAA fears

New Indian Express  

HYDERABAD: The real estate sector in the Hyderabad Metropolitan Region is witnessing significant growth compared to last year. In an informal interaction with reporters, GHMC Commissioner K Ilambarithi and HMDA Metropolitan Commissioner Sarfaraz Ahmed, along with other officials, expressed their commitment to fostering real estate growth in Hyderabad. Proposed projects include multi-level flyovers, grade separators, underpasses, junction improvements and road …

By 2030, 60% of new home buyers will be Millennials and Gen Z in India: JLL Report
2 weeks ago

By 2030, 60% of new home buyers will be Millennials and Gen Z in India: JLL Report

Live Mint  

New Delhi, December 25 : As India's residential market picks up, the Millennials and Gen Z buyers are expected to comprise about 60 per cent of new homebuyers by 2030, the JLL, a global real estate services firm, anticipated in its year-end residential market note. The global real estate services firm added in the note that the urban homeownership rate …

Mumbai real estate market in 2024: Here are the top 5 land deals worth more than ₹2,500 crore
2 weeks, 2 days ago

Mumbai real estate market in 2024: Here are the top 5 land deals worth more than ₹2,500 crore

Hindustan Times  

Mumbai, the financial capital of India, is the costliest real estate market and a land-starved city. Century Textiles buys 10-acre land in Mumbai from Nusli Wadia for ₹ 1100 crore for real estate development Century Textiles and Industries Limited in September 2024 announced that it has acquired the ownership rights of an approximately 10-acre leasehold land parcel in Worli, Mumbai, …

Delhi NCR beats Bengaluru, Mumbai in residential price growth; leads housing price index
2 weeks, 2 days ago

Delhi NCR beats Bengaluru, Mumbai in residential price growth; leads housing price index

Hindustan Times  

Driven by strong end-user demand and investor interest, the Delhi National Capital Region has shown significant appreciation in residential prices with a Housing Price Index of 178 between June to September, a joint study by Housing.com and the Indian School of Business on December 23 showed. Delhi National Capital Region has shown significant appreciation in residential prices with a Housing …

Year-ender 2024: Real estate sector attracts record $8.8 bn institutional investments
3 weeks ago

Year-ender 2024: Real estate sector attracts record $8.8 bn institutional investments

Hindustan Times  

The year 2024 saw the real estate sector attracting institutional investments of $8.8 billion across deals. $8.9 billion investments in 2024 compared to $5.8 billion in 2023 Foreign institutional investors continue to dominate the investment landscape, accounting for 63% share of total investments in the sector. Since CY 2023 the market witnessed a significant increase in institutional investments from domestic …

Strong USD, Weak Rupee: A Perfect Storm for NRI Real Estate Investment
3 weeks, 6 days ago

Strong USD, Weak Rupee: A Perfect Storm for NRI Real Estate Investment

The Hindu  

A weaker rupee against the strong USD makes investing in India more affordable for international investors and NRIs. Stable Repo Rates & Strong USD Lure NRIs to Indian Real Estate It is encouraging news for the residential real estate sector, as it was anticipated that the repo rate would remain steady for a while. Monthly Averages: Showing Strong USD Indian …

Average Apartment Sale Price In India Hits Rs 1.64 Crore In 2024: Report
1 month ago

Average Apartment Sale Price In India Hits Rs 1.64 Crore In 2024: Report

ABP News  

India saw the sale of 2.3 lakh homes valued at Rs 3.8 trillion in the first nine months of 2024, with an average sale price of Rs 1.64 crore per apartment, driven mainly by premium projects, particularly in Delhi NCR, according to global real estate consultancy firm JLL. “With capital values surging and being at an all-time high, close to …

Year-ender 2024: Housing sales across 7 cities including Delhi NCR, Mumbai, Bengaluru expected to touch 3.05 lakh units
1 month ago

Year-ender 2024: Housing sales across 7 cities including Delhi NCR, Mumbai, Bengaluru expected to touch 3.05 lakh units

Hindustan Times  

Housing sales across the top seven cities- Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Pune and Hyderabad - are expected to touch 3.05 lakh on the back of increase in demand. Year-ender 2024: Housing sales across the top seven cities- Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Pune and Hyderabad - are expected to touch 3.05 lakh on the back of increase in demand. …

Affordable housing market set to touch Rs 67 trillion by 2030, supplies to cross 31 million units
1 month ago

Affordable housing market set to touch Rs 67 trillion by 2030, supplies to cross 31 million units

New Indian Express  

MUMBAI: The affordable housing market is slated to touch Rs 67 trillion, offering lenders a goldmine of Rs 44.6 trillion in funding opportunities by 2030 when over 31 million units will be deployed, says an industry report. According to realty consultancy firm Knight Frank, the existing shortage plus the upcoming demand for affordable housing segment is estimated to be 30.7 …

Home prices in India to rise 6.5% in 2025, driven by demand from wealthy: Survey
1 month, 1 week ago

Home prices in India to rise 6.5% in 2025, driven by demand from wealthy: Survey

Deccan Chronicle  

Average home prices in India are set to rise steadily over the coming years driven mainly by demand from wealthy individuals, while the rising cost of living will make owning a property unattainable for most people, a Reuters poll found.While India's middle class tightens its belt, cutting back on everything from tea to two-wheelers due to soaring consumer inflation, the …

Real estate developers, financial institutions positive on the growth of the sector
1 month, 1 week ago

Real estate developers, financial institutions positive on the growth of the sector

Hindustan Times  

Real estate developers, banks, financial institutions and private equity funds remain positive on the sector's long-term growth prospects. While developers are adapting to shifting market dynamics and leveraging ongoing sales momentum, the non-developer segment exudes confidence in well-structured real estate projects, according to a sentiment index by Knight Frank and Naredco. Meanwhile, the Non-Developer Future Sentiment Score maintains status quo …

Equity investments in real estate sector to surpass $10 billion in 2024: CBRE-CII report
1 month, 2 weeks ago

Equity investments in real estate sector to surpass $10 billion in 2024: CBRE-CII report

Hindustan Times  

Equity investments in Indian real estate may surpass $10 billion in 2024 on the back of strong inflows into built-up office space assets and a robust land acquisition pipeline for residential projects, according to a report by industry body CII and real estate consultant CBRE. "Overall equity investments in 2024 in the real estate sector are set to hit a …

Realty Sector Surges 63%, Outperforms Nifty50
2 months ago

Realty Sector Surges 63%, Outperforms Nifty50

The Hindu  

Since the beginning of the year, the realty sector has been one of the best-performing industries. Leading Companies in the Realty Sector: Upbeat Forecast The real estate index has all of the big firms in it, like Godrej Properties, Lodha, DLF, and Prestige Estates. Resurgent Residential Demand Drives Real Estate Growth: While demand in the residential segment is more recent, …

Real Estate Investment in India: Top Cities 2024
2 months ago

Real Estate Investment in India: Top Cities 2024

The Hindu  

India’s growing economy and development are changing real estate investment in India like never before. What are the advantages of Real Estate Investment in India: In India’s cities, promising real estate investments are supported by the country’s rapidly growing economy, appealing demographics, and urban development. Top Indian Real Estate Investment Cities in India: Bengaluru: Often referred to as the “Silicon …

Record-Breaking Real Estate IPOs: Seven Companies Raise ₹135 Billion in 2024
2 months, 1 week ago

Record-Breaking Real Estate IPOs: Seven Companies Raise ₹135 Billion in 2024

Hindustan Times  

Seven real estate companies have raised a total of ₹135.5 billion via initial public offerings (IPO) in 2024, a significant increase from the previous year. Housing finance institutions led the way with 46% of the capital raised, followed by REITs at 22%. Leading real estate developers focused on residential assets raised ₹56 billion, more than 10X compared to the previous …

Experts Weigh in on India's Real Estate Future: Will Prices Crash?
2 months, 1 week ago

Experts Weigh in on India's Real Estate Future: Will Prices Crash?

Live Mint  

Real estate experts in India are divided on whether prices will crash in the sector. While some, like Irfan Razack, the Chairman of Prestige Group, believe that real estate prices will never fall due to the country's high population and urbanisation, others, like Nirupa Shankar, Executive Director at Brigade Group, believe that the sector will continue to grow.

Land Prices Soar in Amaravati: A Tale of Two Capitals
2 months, 2 weeks ago

Land Prices Soar in Amaravati: A Tale of Two Capitals

New Indian Express  

Land prices in Amaravati have surged by 60% to 100% to Rs 50,000 to Rs 60,000 per sq. yard due to the recent revival in the real estate sector. The boom has sparked debate on whether it is artificial or sustainable, with some experts predicting a further rise in prices in the coming years as more promising projects are likely …

New measures set to revive realty sector
2 months, 3 weeks ago

New measures set to revive realty sector

China Daily  

chinadaily.com.cn| Updated :2024-10-18 China has rolled out new policy measures to rejuvenate the shaky property sector, with expanded funding for troubled property developers and renovation of an additional 1 million homes high on the agenda. Ni Hong, minister of housing and urban-rural development, said on Thursday that the Chinese real estate market has seen broad-based stability since October, particularly in …

Mumbai real estate: Residential property sales dip 14.79% in September
3 months, 1 week ago

Mumbai real estate: Residential property sales dip 14.79% in September

Hindustan Times  

Mumbai: The sale of residential homes in Mumbai took a beating this September as 14.79% lesser homes were sold during the month compared to September 2023, according to data from the state government’s department of registration and stamps. Property sales dip 14.79% in Sept ’24 A total of 10,693 homes were sold in September last year while this year, the …

India’s Real Estate Market: A $10 Trillion Powerhouse by 2047
3 months, 2 weeks ago

India’s Real Estate Market: A $10 Trillion Powerhouse by 2047

The Hindu  

According to CREDAI and Collier’s research, India’s real estate market is expected to rise by many times to $5-7 trillion by 2047. The research also claims that India’s real estate market would grow beyond the country’s major cities and into many tier-2 and tier-3 cities. CREDAI member’s views: According to Boman Irani, President of CREDAI National, “We are on the …

Surge in NRI Investments 2024: India’s Real Estate Market
3 months, 2 weeks ago

Surge in NRI Investments 2024: India’s Real Estate Market

The Hindu  

A surge in NRI investments has been registered in the Indian real estate market by 15-20% over the last twenty months. Optimism in the Indian Economy leading to surge in NRI Investment: As of 2023, non-resident Indians have spent more than thirteen billion dollars on real estate. According to sources, it is anticipated that by 2025, the surge in NRI …

India's real estate market likely to touch $10 trillion by 2047: Colliers-CREDAI Report
3 months, 2 weeks ago

India's real estate market likely to touch $10 trillion by 2047: Colliers-CREDAI Report

Hindustan Times  

Indian real estate market is likely to touch $10 trillion by 2047, according to a Colliers-CREDAI report released at the Credai-NATCON 2024 event in Sydney, Australia Rapid urbanization, infrastructure development, digitalization, demographic shifts, sustainability and investment diversification will lead to expansion of the Indian real estate market from under a trillion currently to potentially a $10 trillion market by 2047 …

Bangalore and Hyderabad: Leading India’s Real Estate Surge
4 months ago

Bangalore and Hyderabad: Leading India’s Real Estate Surge

The Hindu  

Tech cities like Bangalore and Hyderabad, are seeing massive market growth in 2024 in the real estate landscape of India. A Report on Bangalore and Hyderabad Real Estate Surge by Anarock: It has been reported by Anarock that the demand for housing in Bengaluru and Hyderabad has surged by more than 80 percent in certain areas since the year 2020. …

India’s Real Estate: Impact of Government Policies & Regulatory Framework
4 months ago

India’s Real Estate: Impact of Government Policies & Regulatory Framework

The Hindu  

India’s real estate market makes up about 8–9% of the country’s GDP, followed by agriculture. Through Rera, India’s real estate market has seen a substantial transformation, and a higher level of transparency has been implemented, which has increased the confidence of both buyers and investors. Summing up, The government’s policies and regulatory frameworks have had a significant impact on the …

Hyderabad poised to become a major real estate investment hub: Telangana minister Uttam Kumar
4 months, 2 weeks ago

Hyderabad poised to become a major real estate investment hub: Telangana minister Uttam Kumar

Hindustan Times  

Telangana Irrigation and Civil Supplies Minister N Uttam Kumar Reddy has said that Hyderabad is on the verge of becoming a global investment hub largely due to the government’s focus on infrastructure development. Hyderabad is poised to become a major real estate investment hub, Telangana minister Uttam Kumar Reddy said at Statecon 2024 He was speaking as the chief guest …

Residential Real Estate Expected to Witness Growth FY25
4 months, 2 weeks ago

Residential Real Estate Expected to Witness Growth FY25

The Hindu  

Residential real estate growth in the top 7 cities is expected to increase by 10 to 12% with the areas sold to 785-800 million square feet in FY 2025 on an upscale base of FY 2024. As per the ICRA Report on Residential Real Estate Growth Projections: On August 7 credit rating agency ICRA Limited said in its report that …

Housing sales across top 7 cities expected to witness double digit growth in 2024-2025: ICRA
5 months ago

Housing sales across top 7 cities expected to witness double digit growth in 2024-2025: ICRA

Hindustan Times  

Presenting a stable outlook for the residential real estate sector in financial year 2024-25, credit rating agency ICRA Limited on August 7 said that housing sales across the country’s top cities - Mumbai Metropolitan Region, National Capital Region, Bengaluru, Hyderabad, Pune, Kolkata and Chennai - are expected to witness double digit growth in 2024-2025. Housing sales across top 7 cities …

Hyderabad real estate market: Housing sales touch ₹58,000 crore in H1 2024
5 months ago

Hyderabad real estate market: Housing sales touch ₹58,000 crore in H1 2024

Hindustan Times  

Hyderabad recorded a five-year high during the first half of 2024 with ₹58,481 crore in total home sales value, according to a joint report by CRE Matrix and Credai Hyderabad. The two brackets accounted for ₹4,727 crore and ₹4,861 crore respectively in home sales value during H1 2024. The under ₹1 crore segment saw the highest number of units sold …

Hyderabad real estate: High-end housing demand up; ₹1-2 crore units secure over 50% share
5 months ago

Hyderabad real estate: High-end housing demand up; ₹1-2 crore units secure over 50% share

Hindustan Times  

Hyderabad’s high-end housing segment, comprising homes priced between ₹1-2 crore, has grown to account for almost half of the city’s residential sales and launches, a joint report by CBRE and CREDAI Telangana has said. High-end housing demand rises in Hyderabad; ₹ 1-2 crore units secure over 50% share According to the report, sales in the ₹1-2 crore segment, which held …

Budget 2024: 5 Things the real estate sector looks forward to from the finance minister
5 months, 2 weeks ago

Budget 2024: 5 Things the real estate sector looks forward to from the finance minister

Hindustan Times  

Budget 2024 will be presented by Finance Minister Nirmala Sitharaman today and the real estate sector hopes that the government will focus on affordable and middle income housing in the Budget. The real estate sector hopes that the government will push for affordable and middle income housing in Budget 2024. The government should raise the deduction limit for interest payment …

Hyderabad registers 7,014 housing units worth ₹4,288 crore in June 2024, up 26% YoY
5 months, 3 weeks ago

Hyderabad registers 7,014 housing units worth ₹4,288 crore in June 2024, up 26% YoY

Hindustan Times  

Hyderabad registered a total of 7,014 residential properties amounting to ₹4,288 crore in the month of June 2024, according to a report released by property consultancy Knight Frank India on July 15. Hyderabad registers 7,014 housing units worth ₹ 4,288 crore in June 2024 During the first half of the year, a cumulative 39,220 residential units worth ₹24,287 crore were …

Housing sales down 6% in April-June quarter; new supply remains flat in top 8 cities: PropTiger
5 months, 4 weeks ago

Housing sales down 6% in April-June quarter; new supply remains flat in top 8 cities: PropTiger

Hindustan Times  

Housing sales in the top eight cities fell 6% during the April-June period of 2024 compared to the previous quarter and new launches came down with both homebuyers and developers adopting a wait-and-watch approach ahead of the Lok Sabha polls, a quarterly analysis by digital real estate brokerage firm PropTiger.com showed. Housing sales in the top eight cities fell 6% …

Are Investors Confident About Indian Real Estate Investments? JLL Report Finds Key Details
6 months ago

Are Investors Confident About Indian Real Estate Investments? JLL Report Finds Key Details

News 18  

The resilience of Indian real estate shone amid global economic challenges as institutional investments surged to USD 4.8 billion across 40 Deals in H1 2024. Dr. Samantak Das, Chief Economist and Head of Research and REIS, India, JLL, said, “The residential sector in the Indian real estate market has experienced a significant revival, indicating a change in investor preferences towards …

Luxury realty booms: Homes above Rs 1 cr now 41% of India's housing sales
6 months ago

Luxury realty booms: Homes above Rs 1 cr now 41% of India's housing sales

Business Standard  

India's residential real estate market is experiencing a surge in activity, fueled by a robust economy and growing demand for luxury living. A new report by Knight Frank, titled "India Real Estate: Residential and Office, revealed that the first half of 2024 witnessed a significant jump in residential unit sales across India's top eight cities, including Mumbai, Delhi-NCR, Bengaluru, Pune, …

Luxury homes above ₹1 crore witness 41% growth in sales; affordable housing sales decline
6 months ago

Luxury homes above ₹1 crore witness 41% growth in sales; affordable housing sales decline

Hindustan Times  

Housing sales hit an 11-year high with 1.73 lakh units sold across the top eight Indian cities. NCR and Mumbai accounted for almost half of premium category sales in H1 2024, a new report by Knight Frank India showed. Home sales surged by 11% YoY to touch 1.73 lakh units sold across the country’s top eight markets in H1 2024, …

Institutional investments in real estate touch $2.52 billion in April-June quarter: Colliers India
6 months ago

Institutional investments in real estate touch $2.52 billion in April-June quarter: Colliers India

Hindustan Times  

Institutional investment in Indian real estate touched $2.52 billion in the April to June quarter of 2024 up by 20% from $2106.4 million in the same period last year, a report by Colliers India has said. Institutional investment in Indian real estate touched $2.5 billion in the April to June quarter of 2024 up by 20% from $2106.4 million in …

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