Housing price: Bhubaneswar most affordable city in India, says RBI survey
5 years, 5 months ago

Housing price: Bhubaneswar most affordable city in India, says RBI survey

Live Mint  

Bhubaneswar most affordable city in India in terms of Median House Price to Monthly Income while Mumbai remains the least affordable, according to Reserve Bank of India latest quarterly residential asset price survey. The RBI has been conducting a quarterly residential asset price monitoring survey since July 2010 on housing loans disbursed by select banks/ housing finance companies 1 across 13 cities - Mumbai, Chennai, Delhi, Bengaluru, Hyderabad, Kolkata, Pune, Jaipur, Chandigarh, Ahmedabad, Lucknow, Bhopal and Bhubaneswar. The survey compares selected cities in terms of EMI-to-income ratio - representing loan eligibility; house price to income ratio – reflecting affordability; and loan to income ratio among other parameter affordability measures. According to Median House Price to Monthly Income factor Mumbai got a score of 74.4 while Bhubaneswar got 54.3, as of March 2019.

India Mumbai Income Price Pune Rbi Ratio Most Affordable City Survey Bhubaneswar Median Loan  price  india  housing  house  remains  affordable  mumbai  rbi  income  city  survey  bhubaneswar  median  loan  ratio

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, 1 day 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 …

Delhi NCR beats Bengaluru, Mumbai in residential price growth; leads housing price index
2 weeks, 4 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 …

Avg housing prices up in 23 major tier II cities; rates fall in 5 small towns: PropEquity
1 month ago

Avg housing prices up in 23 major tier II cities; rates fall in 5 small towns: PropEquity

Live Mint  

New Delhi, Dec 5 The weighted average prices of housing projects launched across 23 tier-II cities during January-September this year increased up to 65 per cent, while rates fell in five cities, according to PropEquity. According to data compiled by real estate data analytic firm PropEquity, Jaipur saw the maximum 65 per cent rise in weighted average prices to ₹6,979 …

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. …

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 …

Properties worth ₹50 lakh: Here’s what you can buy in Mumbai and MMR
1 month, 1 week ago

Properties worth ₹50 lakh: Here’s what you can buy in Mumbai and MMR

Hindustan Times  

Mumbai real estate market is the most expensive real estate market in the country and purchasing a home in the financial capital is a dream come true for many homebuyers considering that apartments cost as much as ₹20,000 per sq ft to ₹1.50 lakh per sq ft if not more. "With a budget of ₹50 lakh in Mumbai, homebuyers can …

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 …

Mumbai and Delhi among top APAC cities to record highest price growth in the luxury housing segment
1 month, 2 weeks ago

Mumbai and Delhi among top APAC cities to record highest price growth in the luxury housing segment

Hindustan Times  

Mumbai and Delhi-NCR are among the top cities in the Asia Pacific region to record the highest annual price growth in the luxury housing segment. Mumbai and Delhi are among the top cities in the Asia Pacific region to record the highest annual price growth in the luxury housing segment. The average price for the prime residential market in the …

Mumbai and Delhi rank among the fastest-growing luxury real estate markets in Asia-Pacific: Knight Frank
1 month, 2 weeks ago

Mumbai and Delhi rank among the fastest-growing luxury real estate markets in Asia-Pacific: Knight Frank

Live Mint  

India’s real estate sector is experiencing a boom fueled by robust economic growth, infrastructure upgrades, and evolving lifestyle aspirations. In Q3 2024, the city recorded an 11.5 per cent year-on-year increase in luxury real estate prices, which now average $953 per square foot. Shishir Baijal, Chairman and Managing Director of Knight Frank India, emphasised, "India's residential real estate sector is …

Mumbai real estate market: 5 luxury apartment deals that cost ₹100 crore and above
Trending News
1 month, 4 weeks ago

Mumbai real estate market: 5 luxury apartment deals that cost ₹100 crore and above

Hindustan Times  

Mumbai real estate market has witnessed some of the costliest luxury apartment deals across the country of which a few properties have been sold for ₹1.50 lakh per sq ft and above. 1 Apartments sold for ₹ 198 crore in Oberoi’s Three Sixty West project in Worli In a recent transaction, promoter of wires and cables manufacturer RR Kabel Ltd, …

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," …

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 …

Affordable housing launches drop 21% in April-June period across 7 major cities as builders focus on premium units
5 months, 4 weeks ago

Affordable housing launches drop 21% in April-June period across 7 major cities as builders focus on premium units

Hindustan Times  

Real estate developers' focus on the premium housing segment priced between ₹3-5 crore led to launches growing by around 170% year-on-year, luxury segment priced above ₹5 crore followed with 116% growth. Real estate developers' focus on the premium housing segment led to launches growing by around 170% year-on-year, luxury segment followed with 116% growth, a report by JLL said New …

Real estate sales in H12024: Mumbai luxury housing deals drive growth, most buyers in 35-55 age bracket
5 months, 4 weeks ago

Real estate sales in H12024: Mumbai luxury housing deals drive growth, most buyers in 35-55 age bracket

Live Mint  

The real estate market of India is going through premiumisation and the luxury housing segment accounted for 41 per cent of sales growth in the first half of 2024, according to a Knight Frank India real estate sector report. Mumbai's luxury realty sector recorded a cumulative highest-ever half-yearly sales from luxury housing at ₹12,300 crore in the first half of …

Housing Prices In Delhi NCR & MMR Climb 49% In 5 Years: Report
6 months ago

Housing Prices In Delhi NCR & MMR Climb 49% In 5 Years: Report

News 18  

India’s two leading realty hotspots NCR and MMR have recorded breaking residential property sales. “Latest Anarock Research data finds that NCR recorded a 49% five-yearly jump in average residential prices between H1 2019 and H1 2024 – from Rs 4,565 per sq. residential prices b/w H1 2019 & H1 2024 MMR saw average residential prices appreciate 48% in the period …

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, …

Mumbai up 11 notches in global cost of living ranking; Delhi rises 4 spots, Chennai & Bengaluru drop: Check standings
6 months, 3 weeks ago

Mumbai up 11 notches in global cost of living ranking; Delhi rises 4 spots, Chennai & Bengaluru drop: Check standings

Live Mint  

Mumbai continued to be the most expensive city in India for expatriates, as per Mercer's 2024 Cost of Living Survey released on June 17. Despite Mumbai's rise in rankings, the overall affordability of Indian cities remains a key advantage for multinational organisations or Indian companies looking to attract global talent.” Among the cities in Asia, Mumbai is now the 21st …

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 …

Homes worth ₹1.11 lakh crore sold during Jan-Mar 2024; Up by 68% in value terms: Report
9 months ago

Homes worth ₹1.11 lakh crore sold during Jan-Mar 2024; Up by 68% in value terms: Report

Hindustan Times  

Homes worth ₹1.11 lakh crore were sold in the January to March 2024 period with housing sales increasing by 68% in value terms, according to a report by PropTiger.com Homes worth ₹ 1.11 lakh crore were sold in the January to March 2024 period with housing sales increasing by 68% in value terms, according to a report by PropTiger.com In …

Why are house prices so high in India? | In Focus podcast
10 months, 1 week ago

Why are house prices so high in India? | In Focus podcast

The Hindu  

February 29, 2024 04:10 pm | Updated 05:06 pm IST Housing is a basic requirement for dignity of life. But affordable decent housing remains a distant dream for most Indians, especially in urban India. Close to 17% of all households in urban India live in slums, with this percentage shooting up to 41% in a city like Mumbai and 29% …

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 …

Having your own four walls gets easier as home affordability improves in cities
1 year ago

Having your own four walls gets easier as home affordability improves in cities

Live Mint  

Affordability Index: For many aspiring homeowners in India's bustling metropolises, the dream of owning four walls of their own has long felt like a distant mirage shimmering in the heat. According to the Knight Frank Affordability Index, the EMI-to-income ratio for households across major Indian cities has improved significantly since 2019 and, even improved from last year's performance. Further, if …

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 …

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 …

Mumbai, Bengaluru secure 19th, 22nd positions globally in housing price appreciation: Report
1 year, 2 months ago

Mumbai, Bengaluru secure 19th, 22nd positions globally in housing price appreciation: Report

Hindustan Times  

Indian cities Mumbai and Bengaluru jumped from 95th and 77th positions to 19th and 22nd positions, respectively, on a global index measuring housing price appreciation in the second quarter of this year, that is from April to June, according to a report from real estate consultancy firm Knight Frank. The growth in residential prices in 107 cities across the globe …

Housing prices rose across 43 cities in Q1 of FY24: Report
1 year, 4 months ago

Housing prices rose across 43 cities in Q1 of FY24: Report

Hindustan Times  

Housing prices rose in 43 cities in the first quarter of 2023-24, while the rates of residential units fell in seven cities, according to National Housing Bank. Eight key primary residential markets -- Ahmedabad witnessed a 9.1 per cent appreciation in property prices while Bengaluru 8.9 per cent and Kolkata 7.8 per cent during the April-June 2023 period. READ | …

High home loan rates hit affordability; Mumbai becomes unaffordable: Report
1 year, 4 months ago

High home loan rates hit affordability; Mumbai becomes unaffordable: Report

Live Mint  

The increase in interest rates on home loans has affected the affordability of residential properties across India between January-June this year, according to Knight Frank India. The index showed that higher home loan rates have reduced affordability across all markets so far in 2023. As per Knight Frank's report, the hike in repo rates by 250 basis points from May …

India’s housing market enjoys rapid growth, but can it last?
1 year, 5 months ago

India’s housing market enjoys rapid growth, but can it last?

Live Mint  

The Indian real estate market is showing robust performance in the second quarter of 2023, with sales maintaining its momentum as new supply continues to pour in. The ISB – Housing.com Housing Price Index shows an increase of 7.21% in property prices during Q2 2023, a jump from both Q1 2023’s 6.78% and Q2 2022’s 2.83%. Housing Price Index - …

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 ₹ …

EMIs Of Homebuyers Rise Over 20 Per Cent In Two Years In Affordable Housing Segment
1 year, 5 months ago

EMIs Of Homebuyers Rise Over 20 Per Cent In Two Years In Affordable Housing Segment

ABP News  

Affordable housing in India suffered the most due to the Covid-19 pandemic, and unlike the other segments, has not recovered in the past two years. According to their report, the share of affordable housing in overall sales in H1 2023 shrunk to 20 per cent, an 11 per cent decrease against the corresponding period in 2022. The mounting desolation is …

Residential sales in eight cities second highest in a decade in H1 2023
1 year, 6 months ago

Residential sales in eight cities second highest in a decade in H1 2023

Hindustan Times  

MUMBAI: The residential sales in the top eight cities touched 1.56 lakh units in the first half of 2023, the second highest in a decade, said the half yearly report on real estate released by international property consultants Knight Frank on Tuesday. HT Image The luxury segment homes priced above ₹1 crore grew from 25% in H1 2022 to 30% …

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 …

Affordable housing breaks ground
1 year, 9 months ago

Affordable housing breaks ground

The Hindu  

Affordable housing is predicted to play a big part in the expansion of the Indian real estate market this year. Affordable housing has become one of the most vibrant segments of the Indian real estate market. This highlights the crucial role that the real estate sector, particularly affordable housing, can play in boosting the country’s economy. Given India’s enormous housing …

Hyderabad, NCR, and Bengaluru top NRI housing wish list: Survey
2 years, 2 months ago

Hyderabad, NCR, and Bengaluru top NRI housing wish list: Survey

Live Mint  

A depreciating rupee and the continuing buoyancy in the Indian residential real estate market are significant draws for non-resident Indians to invest in their country of origin. The latest CII-ANAROCK Consumer Sentiment Survey showed that Hyderabad, National Capital Region, and Bengaluru are NRIs‘ top picks for housing investment. While domestic homeownership sentiment remains strong despite hardening home loan interest rates …

Bengaluru ranks fourth among most expensive real estate markets in India: Report
2 years, 2 months ago

Bengaluru ranks fourth among most expensive real estate markets in India: Report

Hindustan Times  

Bengaluru is the fourth most expensive real estate market in the country, according to a report by consultancy firm Knight Frank that established an 'affordability index' for the third quarter of this calendar year. READ | Bengaluru sees highest appreciation in average housing prices for Jul - Sept The hike in repo rate also led to a rise in median …

Affordable housing in Bhubaneswar
2 years, 2 months ago

Affordable housing in Bhubaneswar

Hindustan Times  

With approximately 23% of people in Odisha residing in slums in the capital city of Bhubaneswar, there is an estimated shortage of 80,000 housing units, specifically among low-income families. Intending to bridge this gap, the Bhubaneswar Development Authority has embarked on the ambitious task of creating a roadmap for the production of 100,000 affordable housing units. With approximately 23% of …

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 …

Looking For Home? Know Which City Is Most Affordable In India
2 years, 6 months ago

Looking For Home? Know Which City Is Most Affordable In India

News 18  

Even as the real estate market is seeing an uptick after two years of lull due to the coronavirus pandemic, demand for housing has been on the rise for the past few months. From 93 per cent in 2010, the home purchase affordability index improved to 66 per cnet in 2019. From 53 per cent in 2010, the home purchase …

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 on road to recovery but potholes loom
2 years, 8 months ago

Housing on road to recovery but potholes loom

Live Mint  

A year back, we at the Indian School of Business, started tracking housing prices across eight major real estate markets of India, to aid investors, policymakers, and home buyers make informed decisions. Our W-shaped recovery prediction came on the back of an affordable housing push by the government, a prevailing low interest regime, slashed stamp duty charges in certain states …

How affordable housing in India has become unaffordable
2 years, 9 months ago

How affordable housing in India has become unaffordable

Live Mint  

If you were planning to buy your dream home this year, the ongoing Russia-Ukraine conflict could derail your plans. According to a report 'Real Insight Residential - Annual Round-up 2021' by PropTiger.com Property Housing prices across eight major cities in India, including Mumbai, Delhi, Chennai, Kolkata and Bengaluru, rose by 3 per cent to 7 per cent, partially due to …

Budget 2021: Concrete measures for a real estate push
3 years, 11 months ago

Budget 2021: Concrete measures for a real estate push

India Today  

Recognising the importance of reviving the real estate sector, which contributes 4.3 per cent to the country’s GDP and employs 52 million, the Centre had already set the ball rolling on a series of measures to support it, especially in the affordable segment. Moreover, in a bid to keep up the supply of affordable houses, she has proposed that affordable …

Housing sales falls 26% in Jan-Mar in top cities, new supply plunges 51%: Report
4 years, 8 months ago

Housing sales falls 26% in Jan-Mar in top cities, new supply plunges 51%: Report

Live Mint  

Real estate developers sold 26 per cent less apartments during January-March period across nine major cities as economic slowdown and coronavirus outbreak affected demand, News Corp-backed PropTiger said. In Maharashtra, housing sales in Mumbai declined 14 per cent to 23,969 units while Pune saw 15 per cent fall in demand to 15,523 apartments. In Delhi-NCR region, Gurugram faced 73 per …

Flat sales in Mumbai jump as developers focus on cheaper apartments
5 years ago

Flat sales in Mumbai jump as developers focus on cheaper apartments

Live Mint  

Home sales in Mumbai, India’s financial capital, jumped to the highest in four years as property developers switched focus to building cheaper apartments, according to Anarock Property Consultants. Sales in Mumbai rose 22% in 2019 even though a persistent credit crunch and economic slowdown curtailed recovery in India’s housing sales across top seven cities. “The region saw maximum supply in …

How much does a house cost in Mumbai?
5 years, 4 months ago

How much does a house cost in Mumbai?

Live Mint  

A house is probably the biggest spend for most Indians. And with urban population increasing manifold, buying a house in a large city, which is where most jobs are likely to be, has become difficult—the first and foremost obstacle being the cost of the property. Unlike the share market where you can see the price of a particular share on …

RBI rate cuts not enough to re-fire damp India housing market: Reuters poll
5 years, 4 months ago

RBI rate cuts not enough to re-fire damp India housing market: Reuters poll

Live Mint  

Bengaluru: India's liquidity-starved economy will restrain housing market activity and price rises in coming months and into 2020, according to a Reuters poll of property market experts who were skeptical aggressive interest rate cuts will revive it. Indeed, nearly three-fourths of 18 analysts who answered an additional question said the RBI's interest rate cuts this year would have no impact …

Housing affordability worsened in past 4 years: RBI survey
5 years, 5 months ago

Housing affordability worsened in past 4 years: RBI survey

The Quint  

Mumbai, July 11 Although there has been emphasis and hype over affordable housing since the past few years, an RBI survey released on Thursday shows that affordability in the country's housing sector has deteriorated in the last four years. "Housing affordability worsened over the past 4 years as the house price to income ratio increased from 56.1 in March 2015 …

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