Delhi-NCR, Mumbai, Chennai, Kolkata: Average apartment sizes shrink in top cities
5 years, 3 months ago

Delhi-NCR, Mumbai, Chennai, Kolkata: Average apartment sizes shrink in top cities

India TV News  

As builders seek to reduce apartment sizes to boost affordability, the average area of residential flats has shrunk 27 per cent over the past five years in seven major cities, but dimensions in the NCR region have fallen merely six per cent, according to Anarock. The property consultant said, the average apartment sizes in the top seven cities - Mumbai Metropolitan Region, Delhi-National Capital Region, Pune, Chennai, Bengaluru, Hyderabad, Kolkata - have shrunk by 27 per cent over the past five years from 1,400 sq ft in 2014 to nearly 1,020 sq ft in 2019 so far. Affordable homes priced less than Rs 40 lakhs saw average sizes reduced by 28 per cent - from 750 sq ft in 2014 to 540 sq ft in 2019. Premium homes priced between Rs 80 lakhs to Rs 1.25 crore saw a 21 per cent reduction in sizes – from 1,450 sq ft in 2014 to around 1,140 sq ft in 2019. Luxury homes priced between Rs 1.5 crore to Rs 2.5 crore saw an 18 per cent reduction in average sizes - from 1,640 sq ft to 1,350 sq ft. Ultra-luxury homes priced more than Rs 2.5 crore saw a mere 8 per cent decline in average sizes over the last five years – from 2,400 sq ft in 2014 to around 2,200 sq ft in 2019.

Homes Bengaluru Hyderabad Chennai Cities Mmr Cent Ncr Apartment Saw Size Sizes Priced Rs 40 Lakhs Kolkata Average  size  sizes  saw  kolkata  average  delhincr  priced  shrink  apartment  homes  sq  cities  chennai  cent  rs  ft  mumbai

History of this topic

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

Year-ender 2024: Top luxury housing deals in Bengaluru that had the IT city going the Mumbai way
2 weeks, 2 days ago

Year-ender 2024: Top luxury housing deals in Bengaluru that had the IT city going the Mumbai way

Hindustan Times  

While Mumbai has long witnessed ultra-luxury real estate transactions, some worth as high as ₹100 crore, Bengaluru is fast catching up with demand for upscale residential properties. While Mumbai has long witnessed ultra-luxury real estate transactions, some worth as high as ₹ 100 crore, Bengaluru is fast catching up with demand for upscale residential properties. Top residential deals in Bengaluru …

Bengaluru real estate market to drive office space leasing with over 21 million sq ft absorption in 2024; highest ever
Trending News
2 weeks, 2 days ago

Bengaluru real estate market to drive office space leasing with over 21 million sq ft absorption in 2024; highest ever

Hindustan Times  

Bengaluru will lead office space leasing across the top cities with its highest ever of 21.7 million sq ft, up by 40% annually IN 2024, according to a December 24 report by real estate consultant Colliers. Bengaluru will lead office space leasing across the top cities with its highest ever of 21.7 million sq ft, up by 40% annually IN …

Delhi NCR beats Bengaluru, Mumbai in residential price growth; leads housing price index
2 weeks, 3 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: Housing sales expected to fall by 21% annually; Hyderabad likely to witness maximum drop in sales
2 weeks, 5 days ago

Year-ender 2024: Housing sales expected to fall by 21% annually; Hyderabad likely to witness maximum drop in sales

Hindustan Times  

Housing sales are expected to plunge 21 per cent annually across nine major cities during the October-December quarter to 1.08 lakh units, according to a report by PropEquity on December 21. Hyderabad likely to witness maximum drop in sales Housing sales in Hyderabad are estimated to have fallen 47 per cent to 12,682 units during October-December 2024 from 24,044 units …

Housing sales in Dec qtr to fall 21 pc in top 9 cities; demand up 25 pc in NCR: PropEquity
2 weeks, 5 days ago

Housing sales in Dec qtr to fall 21 pc in top 9 cities; demand up 25 pc in NCR: PropEquity

Live Mint  

New Delhi, Dec 21 Housing sales are estimated to fall 21 per cent annually across nine major cities during October-December period to 1.08 lakh units on high base effect, according to PropEquity. Housing sales are estimated to fall in Hyderabad by 47 per cent to 12,682 units during October-December 2024 from 24,044 units in the year-ago period. In Bengaluru, sales …

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. …

Housing prices in Tier II cities see up to 65 per cent surge: Report
Trending News
1 month ago

Housing prices in Tier II cities see up to 65 per cent surge: Report

New Indian Express  

The weighted average price of new launch projects in the top 30 Tier II cities increased by up to 65 per cent between 2023 and October 2024, according to a report by NSE-listed data analytics firm PropEquity. In North India, Jaipur recorded the highest rise in the weighted average price of new launch projects at 65 per cent, increasing from …

Avg housing prices up 11pc in Jul-Sep in 8 cities, highest 32pc rise in Delhi-NCR: Report
1 month, 1 week ago

Avg housing prices up 11pc in Jul-Sep in 8 cities, highest 32pc rise in Delhi-NCR: Report

Live Mint  

New Delhi, Dec 2 India's eight major residential markets saw an average 11 per cent increase in prices annually during the September quarter on strong housing demand, with Delhi-NCR witnessing the highest appreciation at 32 per cent, according to a report. "Average housing prices across the top eight markets in India rose 11 per cent Y-o-Y at ₹11,000 per square …

Rate cuts may help optimize home affordability, Kolkata most affordable housing market
1 month, 2 weeks ago

Rate cuts may help optimize home affordability, Kolkata most affordable housing market

Hindustan Times  

Most real estate markets across the country, especially Mumbai and Pune are expected to approach optimal affordability levels by 2025 with a projected interest rate cut on the horizon, while Kolkata is set to maintain its status as the most affordable market, potentially hitting new peaks, according to JLL’s Home Purchase Affordability Index. Rate cuts may help optimize home affordability …

Average Home Prices In Top 7 Cities Hit Rs 1.23 Crore, Anarock Data Reveals
1 month, 2 weeks ago

Average Home Prices In Top 7 Cities Hit Rs 1.23 Crore, Anarock Data Reveals

ABP News  

Average ticket size of homes sold in the top seven cities in India touched Rs 1.23 crore in the first half of the 2024-25 fiscal year, in comparison to Rs 1 crore in the same period a year earlier. The data showed that average ticket size climbed to Rs 1.21 crore in Bengaluru in H1FY25, in comparison to Rs 0.84 …

Mumbai's Apartment Market: A Look at the 500 sq ft Trend
3 months, 1 week ago

Mumbai's Apartment Market: A Look at the 500 sq ft Trend

Hindustan Times  

Indian Cricketer Shreyas Iyer and mother Rohini Iyer have purchased a 525 sq ft apartment for ₹2.90 crore in Mumbai's Worli area earlier this month. The apartment is located on the second floor of Triveni Industrial CHSL in the Adarsh Nagar area of Worli. The couple is among several homebuyers or investors who have bought apartments measuring 500 sq ft …

Affordable Cities in India in 2024: The Least and the Most
3 months, 4 weeks ago

Affordable Cities in India in 2024: The Least and the Most

The Hindu  

Affordable Cities in India in 2024: Finding an affordable city in India can be a game-changer, especially in 2024 when the cost of living has been varying significantly. 2024: The Most Affordable Cities in India A recent analysis was done by a market source investigating the price-to-income ratio and the EMI-to-income ratio in various cities of the country. According to …

THESE cities are most affordable for housing investments: Check list here
4 months ago

THESE cities are most affordable for housing investments: Check list here

India TV News  

Proptech firm Magicbricks, in its latest report - 'Housing Affordability in Major Indian Cities' - showed that Chennai, Ahmedabad and Kolkata are among the most affordable cities for investment in the housing segment. "Chennai, Ahmedabad, and Kolkata are among the most affordable cities for residential investments in 2024, while the Mumbai Metropolitan Region and Delhi emerged as the least affordable," …

Bengaluru's top real estate deal: Residential property sells for ₹47 crore in Indiranagar
4 months, 1 week ago

Bengaluru's top real estate deal: Residential property sells for ₹47 crore in Indiranagar

Hindustan Times  

In a high-end real estate transaction in Bengaluru's Indiranagar locality, a residential property has been sold for ₹47.5 crore, property registration documents accessed through proptech platform Zapkey showed. Bengaluru real estate: Residential property sells for ₹ 47 crore in Indiranagar As per details cited in the said documents, the 8,800-square feet land parcel housing an independent residential unit spanning a …

Average housing prices up 12% annually in April-June; NCR sees maximum appreciation of 30%: Report
4 months, 2 weeks ago

Average housing prices up 12% annually in April-June; NCR sees maximum appreciation of 30%: Report

Hindustan Times  

Average housing prices increased by 12% annually across eight major cities across the country with Delhi-NCR witnessing the highest price rise of 30%, a report by Credai, Colliers and Liases Foras has said. Average housing prices increased by 12% annually across eight major cities across the country with Delhi-NCR witnessing the highest price rise of 30% Positive homebuyer sentiment and …

Bengaluru's Bagaluru, Whitefield ranked 1st, 3rd in highest housing price appreciation
4 months, 2 weeks ago

Bengaluru's Bagaluru, Whitefield ranked 1st, 3rd in highest housing price appreciation

Hindustan Times  

Housing prices in Bengaluru's Bagaluru rose highest by 90 per cent since 2020, while Dwarka Expressway in Delhi-NCR ranked 4th with 79 per cent average appreciation, according to Anarock. READ | Bengaluru police debunk viral 'free ride for women' hoax, say no late-night lift service available NCR's Dwarka Expressway is in the 4th position with a 79 per cent price …

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 …

Affordable housing supply drops 21% as premium apartments surge in major cities: JLL India report
5 months, 4 weeks ago

Affordable housing supply drops 21% as premium apartments surge in major cities: JLL India report

New Indian Express  

NEW DELHI: New supply of affordable apartments costing below Rs 50 lakh declined by 21 per cent in the April-June period across seven major cities as builders are launching more premium flats, according to real estate consultant JLL India. JLL India on Friday released data for the housing market of major seven cities, showing a 5 per cent increase in …

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, …

Top Indian Cities See 50% Drop In Rental Growth As Housing Supply Rises
6 months, 3 weeks ago

Top Indian Cities See 50% Drop In Rental Growth As Housing Supply Rises

News 18  

With more supply hitting the top 7 cities’ markets, overheated housing rents are stabilising. Latest Anarock data shows that average residential rental prices across key markets in these cities saw a 2-4% quarterly rise in Q2 2024 to date over the preceding quarter. Sohna Road and Dwarka saw their respective quarterly rents increase by 3% and 2% in Q2 2024; …

Bengaluru Techie Rents A 3-BHK Flat For Rs 80,000. He Has Only 1 Regret
6 months, 4 weeks ago

Bengaluru Techie Rents A 3-BHK Flat For Rs 80,000. He Has Only 1 Regret

News 18  

The real estate costs in places like Bengaluru are as high as the skyscrapers in the city. Bangalore is beyond the techbro localities 🙂 — Ashish Jha 🏡 🇮🇳 June 7, 2024 An X user commented, “I would rather spend that 80K roaming the world every month than sitting in a cocoon of a house with that wonky view.” I …

Avg housing prices increase by 10% in Jan-Mar across top 8 cities; Bengaluru and Delhi-NCR witness 19% and 16% growth
7 months, 3 weeks ago

Avg housing prices increase by 10% in Jan-Mar across top 8 cities; Bengaluru and Delhi-NCR witness 19% and 16% growth

Hindustan Times  

Average housing prices increased by 10% annually during Q1 2024 on the back of strong residential demand. While each of the top eight cities witnessed annual price appreciation, average housing prices in Bengaluru, Delhi NCR, Ahmedabad, and Pune registered double digit growth, a report has said. Bengaluru witnessed the maximum price increase of 19% Bengaluru witnessed the maximum price increase …

Share of luxury homes' sales now almost at par with affordable housing units
7 months, 4 weeks ago

Share of luxury homes' sales now almost at par with affordable housing units

Hindustan Times  

The share of luxury housing sales has jumped to 21% from a mere 7% five years ago but affordable housing has seen a sharp decline, dropping to 20% from 37% in the same period, data shared by Anarock has shown. The share of luxury housing sales has jumped to 21% from a mere 7% five years ago but affordable housing …

Office market net absorption in Q1 2024 at 11.5 mn sq ft across top 8 cities
9 months, 1 week ago

Office market net absorption in Q1 2024 at 11.5 mn sq ft across top 8 cities

Hindustan Times  

Despite global headwinds, the Indian office market continues its positive trajectory, registering a net absorption of 11.5 mn sq ft across top eight cities in Q1 2024, according to Cushman & Wakefield’s Q1 office data. A significant contribution to Bengaluru’s healthy leasing volume was 4.8 mn sq ft of fresh leasing activity, and the city accounted for 33% of total …

Shapoorji Pallonji Real Estate eyes ₹500 cr revenue from new project in B'luru
10 months, 1 week ago

Shapoorji Pallonji Real Estate eyes ₹500 cr revenue from new project in B'luru

Hindustan Times  

Shapoorji Pallonji Real Estate has launched 180 luxury apartments in its project in Bengaluru with a saleable area of 4.3 lakh square feet and is eyeing a revenue potential of almost ₹500 crore, the company said. Shapoorji Pallonji Real Estate has launched 180 luxury apartments in its project in Bengaluru with a saleable area of 4.3 lakh square feet The …

Housing prices increase by around 20% in MMR, Bengaluru, Delhi-NCR and other cities in the last two years
10 months, 1 week ago

Housing prices increase by around 20% in MMR, Bengaluru, Delhi-NCR and other cities in the last two years

Hindustan Times  

Amidst a positive economic outlook, housing demand has scaled up and property prices across the top eight cities in India have surged by around 20% in the last two years, a report by Credai, Colliers and Liases Foras has said. Bengaluru, Delhi NCR, and Kolkata have witnessed the highest rise in average housing prices at about 30% in 2023 compared …

Mumbai Sees Bumper Growth In Rs 5 Cr Plus Luxury Flats In 2023: Report
10 months, 2 weeks ago

Mumbai Sees Bumper Growth In Rs 5 Cr Plus Luxury Flats In 2023: Report

News 18  

In 2023, nearly 3000 new luxury apartments were sold in Greater Mumbai with an overall value of Rs 38,000 crore. In another report by real estate consultant CBRE, it was found that HNIs are showing keen interest in buying luxury residential properties as sales of homes costing Rs 4 crore and above rose 75 per cent last year across seven …

Average flat sizes in top seven cities rise by 11% in 2023; Delhi-NCR witnesses highest growth in average apartment size
11 months, 1 week ago

Average flat sizes in top seven cities rise by 11% in 2023; Delhi-NCR witnesses highest growth in average apartment size

Hindustan Times  

The average apartment sizes in the top seven cities have grown by 11% annually last year – from 1,175 sq ft in 2022 to 1,300 sq ft in 2023 on the back of increasing demand for bigger homes, data shared by Anarock Research showed. The average apartment sizes in the top seven cities have grown by 11% annually last year …

Office space demand up 15% in top 8 cities; Bengaluru sees 14% fall in leasing: Report
1 year ago

Office space demand up 15% in top 8 cities; Bengaluru sees 14% fall in leasing: Report

Hindustan Times  

Leasing of office space rose by 15 per cent across eight major cities last year, despite a decline in demand in Bengaluru, the largest workspace market, according to Knight Frank. Data showed that office demand grew 15 per cent annually to 59.6 million square feet in 2023, despite global economic and geopolitical concerns. The data showed that office demand grew …

Housing Sales in 7 Cities Rise 31% to 4.76 Lakh Units
1 year ago

Housing Sales in 7 Cities Rise 31% to 4.76 Lakh Units

Deccan Chronicle  

Chennai: Housing sales in the top 7 cities have created a new peak in 2023, increasing 31 per cent over the previous year. Around 4.76 lakh housing units were sold in 2023 in the top 7 cities, against 3.64 lakh units in 2022, a 31 per cent increase. In terms of supply, around 4.45 lakh new units were launched in …

Housing sales makes new peak in 2023
1 year ago

Housing sales makes new peak in 2023

Deccan Chronicle  

Chennai: Housing sales in the top 7 cities have created a new peak in 2023, increasing 31 per cent over the previous year. Around 4,76,530 housing units were sold in 2023 in the top 7 cities, against 3,64,870 units in 2022 – 31 per cent increase. In terms of supply, around 4,45,770 new units were launched in 2023 against 3,57,640 …

Hyderabad sees highest 19% rise in housing price in Sep quarter: Report
1 year, 1 month ago

Hyderabad sees highest 19% rise in housing price in Sep quarter: Report

Hindustan Times  

Housing prices rose annually by an average 10 per cent during the July-September quarter this year across top eight cities in India on better demand, according to a joint report by CREDAI, Colliers and Liases Foras. Housing prices in Ahmedabad rose 9 per cent to ₹6,613 per square feet, while rates appreciated 18 per cent in Bengaluru to ₹9,471 per …

Even as number of residential projects in Chennai fall, property prices rise: report
1 year, 2 months ago

Even as number of residential projects in Chennai fall, property prices rise: report

The Hindu  

Buying property in Chennai could soon cost more, as developers are slowly increasing rates by ₹300 -500 per sq. Residential projects decline On Thursday, November 2, 2023 CREDAI Chennai brought out with a RAW report for the period ending September 2023, in which it said that the number of residential projects registered in the city saw a significant decline compared …

Mumbai, Delhi & Bengaluru among cities with highest annual rise in property rates
1 year, 2 months ago

Mumbai, Delhi & Bengaluru among cities with highest annual rise in property rates

Hindustan Times  

The year-on-year growth in average annual prices of prime residential or luxury homes in three Indian cities was among highest in the world, with each city ranking in top 20 out of 46 cities analysed by real estate consultant Knight Frank India in its ‘Prime Global Cities Index’ for Q3 2023. Higher rates mean we have moved into a world …

Housing prices across 8 major Indian cities increased by 7% in Q2 2023: Report
1 year, 5 months ago

Housing prices across 8 major Indian cities increased by 7% in Q2 2023: Report

Hindustan Times  

Housing prices in Delhi-NCR rose by an average 14 per cent year-on-year during April-June period, but fell 3 per cent in Mumbai Metropolitan Region, according to a joint report by CREDAI, Colliers India and Liases Foras. Among eight cities, MMR was the only cities that saw fall in average prices during the April-June quarter by 3 per cent to ₹ …

Delhi-NCR sees highest annual rise of 16% in housing prices among top 8 cities in Jan.-March: Report
1 year, 6 months ago

Delhi-NCR sees highest annual rise of 16% in housing prices among top 8 cities in Jan.-March: Report

The Hindu  

Housing prices in Delhi-NCR rose to the maximum, by 16%, in the January-March period among top eight cities on better demand and higher construction cost, according to a report by CREDAI, Colliers and Liases Foras. As per the data, housing prices in Ahmedabad rose by 11% YoY during January-March this year to an average rate of ₹6,324 per square feet. …

Housing sales surge 48% in FY23 to ₹3.47 lakh crore: Report
1 year, 7 months ago

Housing sales surge 48% in FY23 to ₹3.47 lakh crore: Report

Hindustan Times  

Housing sales rose 48 per cent year-on-year to ₹3.47 lakh crore during the last fiscal across seven major cities on higher volumes and better price realisation, according to Anarock. According to the data, housing sales in Delhi-NCR rose 42 per cent to ₹50,620 crore last fiscal from ₹35,610 crore in the previous year. In Pune, housing sales rose 77 per …

Housing Prices In India Increase Sharply In Q1, See An Average 7% YoY Jump: PropTiger
1 year, 8 months ago

Housing Prices In India Increase Sharply In Q1, See An Average 7% YoY Jump: PropTiger

News 18  

Housing prices in India surged sharply during January-March 2023, with the average price rise across all the major realty markets in the country being nearly 7 per cent as compared to last year, according to a report by PropTiger.com. The average rate of properties in Bengaluru saw a 10 per cent appreciation in the past one year, making it the …

Hyderabad ranks fifth in total residential unit sales: Knight Frank
1 year, 11 months ago

Hyderabad ranks fifth in total residential unit sales: Knight Frank

The Hindu  

The city of Hyderabad stands fifth out of eight cities in terms of total residential units being sold in India from January to December 2022. Knight Frank India in its report said that a total of 31,046 residential units were sold in Hyderabad in 2022. The office sector in India saw a strong recovery in demand despite the geopolitical changes, …

Bengaluru may see highest growth in office rent in APAC next year: Report
2 years, 1 month ago

Bengaluru may see highest growth in office rent in APAC next year: Report

Hindustan Times  

Office rentals in Bengaluru is expected to grow by 5-7 per cent -- highest in the Asia-Pacific region -- during the next year, according to Knight Frank India. READ | Why Karnataka's Mysuru is the next real estate hotspot in India Bengaluru's prime office rental is expected to grow in the range of 5-7 per cent YoY in 2023, highest …

Skyscraping rents: How living in metros in India has become costlier than before
2 years, 2 months ago

Skyscraping rents: How living in metros in India has become costlier than before

Live Mint  

In the past three and a half years, the Mumbai Metropolitan Region's average rent has increased by up to 29%, according to a survey by CREDAI-MCHI and data analytics company CRE Matrix. According to an Anarock report in September, the capital value of luxury residential colonies in seven major cities increased by 2–9% while average monthly rent increased by 8–18% …

Bengaluru sees highest appreciation in average housing prices for Jul - Sept
2 years, 3 months ago

Bengaluru sees highest appreciation in average housing prices for Jul - Sept

Hindustan Times  

Average housing price across eight cities rose 3-10 per cent year-on-year in July-September this year, while office rent grew up to 13 per cent on higher demand for properties, according to Knight Frank India. As per the data of primary housing market, the average price in Bengaluru rose 10 per cent to ₹5,428 per square feet in July-September quarter from …

Office space supply in Hyderabad up 56% in Jan-Sept, rises to 7.9 million sq ft
2 years, 3 months ago

Office space supply in Hyderabad up 56% in Jan-Sept, rises to 7.9 million sq ft

Deccan Chronicle  

NEW DELHI: New supply of office space in Hyderabad rose 56 per cent to 7.9 million square feet from 5.1 million square feet during January-September period. According to Colliers India, new supply of office space rose 49 per cent during this period across six cities,including Hyderabad, to 32.8 million square feet on completion of many commercial projects to meet rising …

Average monthly rent of luxury homes up 8-18% in last 2 years in top 7 cities
2 years, 3 months ago

Average monthly rent of luxury homes up 8-18% in last 2 years in top 7 cities

Hindustan Times  

Average monthly rentals in posh residential colonies across seven major cities rose 8-18 per cent in last two years while capital value appreciated by 2-9 per cent, according to Anarock. Bengaluru's Rajaji Nagar witnessed the highest capital appreciation of 9 per cent with average prices increasing to ₹6,200 per square feet in 2022 from ₹5,698 per sq ft in 2020. …

Housing prices up 5% in June quarter
2 years, 4 months ago

Housing prices up 5% in June quarter

Deccan Chronicle  

Chennai: Housing prices in the top eight cities, on average, moved up 5 per cent in the June quarter, while NCR saw a 10 per cent rise. MMR, the costliest real estate market, saw only a 1 per cent rise in housing prices at Rs 19,677 per square foot. Housing prices in the Delhi-NCR property market saw the highest annual …

Housing prices in Bengaluru up by 4% in April-June quarter: Report
2 years, 4 months ago

Housing prices in Bengaluru up by 4% in April-June quarter: Report

Hindustan Times  

The square foot price of residential housing in Bengaluru increased by four per cent to ₹7,848 in the April to June quarter as compared to last year. Housing prices in Bengaluru returned pre-pandemic levels by rising four per cent in the second quarter, making it the highest price in three years. Below is a table detailing the increase in housing …

Hyderabad sees highest demand for luxury houses in percentage terms
2 years, 7 months ago

Hyderabad sees highest demand for luxury houses in percentage terms

Deccan Chronicle  

Hyderabad: Continuing the post-Covid trend of living life like a king, people have shifted their preference from affordable housing to mid-end and high-end houses. This is very evident from analysing buyer behaviour in the top seven cities in the last fiscal year FY21-22 — nearly 80 per cent of the demand is for mid-end and high-end homes, with the affordable …

Housing sales drop 35 pc in 7 cities in July-Sep despite demand recovery: Report
4 years, 3 months ago

Housing sales drop 35 pc in 7 cities in July-Sep despite demand recovery: Report

India TV News  

Housing sales across seven major cities in the country fell 35 per cent year-on-year to 50,983 units during the July-September period even as the demand recovered post lockdown, according to data analytics firm PropEquity. Last week, property consultant Anarock reported 46 per cent year-on-year drop in sales of residential properties during the July-September quarter at 29,520 units in these seven …

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