Annual Rental income in Mumbai, Bengaluru: The average annual rental yield in cities like Mumbai and Bengaluru has jumped up to 20% since 2019. https://www.financialexpress.com/money/rental-income-in-mumbai-bengaluru-annual-return-on-investment-from-property-jumps-up-to-20-in-5-years-3304287/
Bolstered by a cosmopolitan culture, world-class educational institutions and a thriving startup ecosystem, the rental yield in Bengaluru has risen substantially, making it a good investment destination, the report reasoned. https://www.deccanherald.com/business/bengaluru-crowned-top-pick-for-nri-investments-nobroker-2761018?utm_source=whatsapp&utm_medium=referral&utm_campaign=socialshare
The report said that luxury housing segment in India comprising units priced at Rs 4 crore and above maintained strong sales momentum, registering a 97 percent Y-o-Y increase in January to September 2023 period. https://www.moneycontrol.com/news/business/real-estate/ongoing-festive-season-may-cross-residential-sales-of-1-5-lakh-units-set-new-record-11696111.html
As NRIs continue to invest in the Indian real estate market with a growing interest in long-term investments, it is estimated that they will make up 20 per cent of the country’s real estate sector investments by 2025, according to proptech unicorn NoBroker. https://www.thehindubusinessline.com/news/real-estate/nri-investments-to-make-up-for-20-of-indias-real-estate-sector-investments-by-2025-report/article67508941.ece
Mumbai real estate update: One of the reasons is that this Navratri was significantly better for the Mumbai real estate market, with a 37.4 percent jump in registrations compared to the last one. https://www.moneycontrol.com/news/business/real-estate/5-reasons-why-mumbais-real-estate-market-is-glittering-this-festive-season-11670261.html
As India’s population continues to age, investing in senior living projects is not only a wise choice but also a crucial step in meeting the evolving needs of our senior citizens and ensuring their well-being in their golden years. https://www.financialexpress.com/money/surge-in-senior-living-projects-marks-a-transformative-shift-in-indian-real-estate-3284180/
Bengaluru records the third most significant quarter-on-quarter (Q-o-Q) surge in new residential property launches, according to the third quarter data released by property consulting firm Anarock. https://www.newindianexpress.com/cities/bengaluru/2023/nov/02/housing-sales-robust-bengaluru-ranks-third-among-top-seven-cities-2629218.amp
Manila claimed the top spot in the ranking with a 21.2 percent annual rise in prices. Manila’s performance is attributed to strong domestic and foreign investments https://www.moneycontrol.com/news/business/real-estate/mumbai-ranks-fourth-in-knight-frank-prime-global-cities-index-delhi-secures-10th-spot-check-list-here-11644321.html
In a bid to promote innovation in PropTech, CBRE in collaboration with NASSCOM Startups, conducted the second edition of PropTech challenge ‘Disruptech 2.0.’ https://www.deccanherald.com/business/proptech-to-become-1-trillion-industry-in-7-8-years-cbre-2750694?utm_source=whatsapp&utm_medium=referral&utm_campaign=socialshare
