The residential property market has now entered the third year of an upturn. This property cycle can run for at least another three to four years given the seven-year duration of the preceding downturn and the resulting pent-up demand, highlighted Jefferies in its latest GREED & fear report. https://www.cnbctv18.com/market/real-estate-stocks-why-this-may-be-best-time-to-invest-top-picks-godrej-properties-dlf-16780841.htm
In recent years, several residential hotspots in and around Dwarka Expressway, Golf Course Extension, and New Gurugram have become the top choice for those seeking luxury apartments in India. https://www.financialexpress.com/money/why-hnis-are-opting-for-5-bhk-residences-now/3098507/?utm_source=Whatsapp
How the housing market is expected to perform in the future https://timesproperty.com/news/post/residential-launches-surged-in-2022-is-the-same-expected-in-2023-blid4142?offset=1
To swiftly utilize 2,000 rupee notes, Indians may opt for gold, real estate, and essential items like ACs and refrigerators, according to economists. https://www.hindustantimes.com/business/rbi-withdraws-rs-2000-note-could-make-people-buy-gold-real-estate-report-101684746397977-amp.html?utm_source=whatsapp&utm_medium=social&utm_campaign=ht_AMP
Real estate developers are expected to complete nearly 558,000 homes this year across seven major cities as builders focus on accelerating the pace of construction activities, according to Anarock https://www.business-standard.com/industry/news/realty-firms-may-complete-nearly-558-000-homes-in-2023-across-top-7-cities-123052100386_1.html
Delhi NCR, Chennai, Mumbai Metropolitan Region, and Bengaluru lead in terms of total land area transacted, accounting for a 72 percent share. https://www.moneycontrol.com/news/business/developers-acquire-2181-acres-in-17-months-to-develop-209-mn-sq-ft-jll-report-10616871.html
India’s high-net-worth-individual (HNI) population — people with assets worth $1 million or more — is pegged to rise to 1.65 million from 797,714 persons in 2022 https://www.moneycontrol.com/news/business/real-estate/indias-ultra-wealthy-population-to-surge-58-4-in-next-five-years-knight-frank-10605531.html
The Russia-Ukraine crisis continues to have a global impact on real estate. But India’s housing market has remained robust though a price hike seems inevitable https://timesproperty.com/news/post/indian-real-estate-stays-optimistic-amidst-global-crisis-and-rising-home-prices-blid4568
Bengaluru and Delhi also moved up in the ranking to 16th and 22nd spots from 37th and 39th, respectively, in Q1 2022. https://www.moneycontrol.com/news/business/real-estate/mumbai-outperforms-bengaluru-delhi-on-list-of-global-prime-cities-index-in-q1-2023-report-10592991.html
Recent data points to a booming real estate market, despite rising prices of homes and a hike in home loan rates. What’s fuelling this growth? Let’s understand https://timesproperty.com/news/post/residential-launches-surged-in-2022-is-the-same-expected-in-2023-blid4142?offset=1
