Experts see the trend continuing in 2023 as India continues to see a rise in the number of billionaires https://www.moneycontrol.com/news/business/real-estate/business-tycoons-bollywood-stars-and-startup-entrepreneurs-fire-up-luxury-homes-worth-over-rs-7500-crore-in-2022-9782431.html
Despite rising construction costs and a record hike in the repo rate (225 bps) in 2022, the real estate sector has seen a considerable upswing. https://www.livemint.com/news/india/indian-real-estate-performance-through-fy23-and-outlook-for-the-future-11672240034261.html
City-specific, data showed Mumbai witnessed the highest sales of about 109,700 units in 2022, followed by the National Capital Region at 63,700 units, and they together once again led the residential markets. https://www.hindustantimes.com/real-estate/housing-sales-in-metros-at-new-peak-in-2022-mumbai-tops-list-report-101672151205179.html
High-end real estate not only provides a one-of-a-kind lifestyle, but it also may provide a number of financial perks that appeal to both knowledgeable investors and homeowners. https://www.financialexpress.com/money/the-rise-of-high-end-property-for-todays-homebuyers/2923443/
Bengaluru is likely to account for about 33 per cent of the gross absorption, followed by Delhi-NCR and Hyderabad https://www.deccanherald.com/national/west/office-absorption-to-touch-a-new-high-in-2022-report-1173457.html
With homes being sold rapidly in the IT city, thus bringing down the inventory, we look at the available options that homebuyers have in store this quarter Bengaluru has a robust real estate market; it was highlighted once again in this quarter when the city witnessed a steep drop in inventory. According to Colliers, CREDAI …
Listed developers’ average cost of debt has reduced from 9.64% in Q4 FY20 to 8.14% in Q2 FY23 https://www.thehindubusinessline.com/news/real-estate/average-cost-of-debt-for-top-8-listed-realty-players-at-its-lowest-since-pandemic-anarock/article66277767.ece
Home prices across top six cities are set to jump 6-10 per cent this fiscal and 3-5 per cent in the next financial year because of a steep rise in raw material, labour and land costs https://www.business-standard.com/article/current-affairs/home-prices-set-for-steep-6-10-jump-this-fiscal-3-5-next-report-122121501006_1.html
Can millennials prove to be the driving factor behind Indian real estate’s growth in the next few years? Read on to find out https://timesproperty.com/news/post/homeownership-a-priority-for-young-indians-blid3407
Home loan prepayments simply mean you pay a certain portion of your loan amount earlier than the planned repayment period. Generally, a borrower tends to pre-pay their loan amount upon having surplus funds. https://www.livemint.com/money/personal-finance/why-prepayment-of-home-loans-is-better-in-early-years-of-tenure-than-later-explained-11670662716370.html
