The study included 11 large and listed, and 76 small and mid-sized residential developers; buoyant residential demand has resulted in robust sales growth in the past two fiscals https://www.business-standard.com/industry/news/residential-real-estate-sales-to-grow-by-8-10-in-fy22-23-crisil-study-123062100416_1.html
Cities like Greater Noida saw a 51 percent reduction in time for buying/selling an apartment, Ghaziabad at 44 percent, followed by Bengaluru at 41 percent. https://www.moneycontrol.com/news/business/real-estate/time-taken-to-close-a-property-deal-reduced-dramatically-by-using-emerging-tech-solutions-10828461.html
The share of NRIs in the sales of premium and luxury products has more than doubled to 20 per cent, industry experts said https://www.business-standard.com/industry/news/india-calling-nri-investments-in-indian-real-estate-have-doubled-123060700429_1.html
By carefully evaluating the market conditions, conducting due diligence, and considering personal investment goals, investors can make well-informed decisions to maximise their returns in the dynamic real estate market of 2023-24. https://www.financialexpress.com/money/commercial-vs-residential-know-where-to-invest-in-real-estate-for-best-returns-in-2023-24/3127202/
NRIs are well-positioned to benefit from this growth of the Indian real estate market. https://www.news18.com/business/nri-investment-in-india-real-estate-2-8064961.html
FY23 home sales best in last two decades, says a report FY2023 full year sales were also the best-ever annual sales in the last two decades, with sales of 878 million sq. ft (up 31% yoy) and realization growth of 11% yoy; sales value rose 46% yoy to Rs6 trillion, it said. https://www.financialexpress.com/money/home-sales-in-q4-best-ever-in-16-years/3124995/lite/?utm_source=Whatsapp
In total, there will be about 1,000 villas and more than 25,000 houses in the satellite towns. https://www.moneycontrol.com/news/business/real-estate/karnataka-to-construct-villas-five-satellite-towns-in-outskirts-to-reduce-pressure-on-bengaluru-10766451.html
Sustainability is reshaping the future of real estate in India. By integrating energy efficiency, water conservation, eco-friendly materials, smart city solutions, and social considerations, the sector has to work harder to create environmentally responsible and socially inclusive spaces. https://www.financialexpress.com/money/sustainability-is-shaping-the-future-of-real-estate/3121595/lite/?utm_source=Whatsapp
While mutual funds offer diversification and ease of investment, real estate provides tangible assets and the potential for higher returns. Which is, however, a better investment option for you? https://www.financialexpress.com/money/mutual-funds-vs-real-estate-which-is-better-for-long-term-investors/3115272/
The prices of under-construction and unsold ready-to-move-in properties also recorded an annual increase of 11.7 percent in the March quarter, as against 4.8 percent a year ago. https://www.moneycontrol.com/news/business/real-estate/housing-prices-jump-in-43-cities-slump-in-7-nhb-10767251.html
