Dwarka Expressway has of late emerged as a major residential hub in Gurugram and going forward it is expected to witness the launch of commercial and retail projects, as well as high-quality residential properties. https://www.hindustantimes.com/real-estate/dwarka-expressway-inauguration-the-impact-on-gurugram-real-estate-prices-101710135829168.html
The top 11 listed developers clocked cumulative sales bookings of Rs 71,766 crore in first nine months of FY24, according to TruBoard Partners. https://www.financialexpress.com/business/industry-realty-bookings-set-to-cross-rs-1-trillion-3420548/lite/
In 2023 launches by top players in major cities were of the order of 920.6 million sq ft while sales were 900 msf https://www.thehindubusinessline.com/news/real-estate/as-home-sales-outpace-launches-prices-stay-firm-inventory-falls/article67920941.ece
All real estate projects registered since January 2023 in Maharashtra will be graded from April 2024, the MahaRERA said. https://www.moneycontrol.com/news/business/real-estate/maharera-to-start-grading-real-estate-projects-from-april-12415491.html
3BHKs are particularly in vogue in Bengaluru, Chennai, Hyderabad, and Delhi-NCR. In hyper-pricey MMR, 44% of respondents preferred 2BHKs. https://www.financialexpress.com/money/50-homebuyers-prefer-3bhks-affordable-housing-demand-shrinks-further-survey-3413970/
Home prices rose 4.3% in 2023, the fastest since 2018, according to Reuters calculations based on the RBI’s House Price Index https://www.business-standard.com/industry/news/home-prices-set-to-rise-7-on-luxury-property-demand-finds-survey-124030400732_1.html
Bengaluru, Delhi NCR, and Kolkata have witnessed the highest rise in average housing prices at about 30% in 2023 compared to 2021 levels https://www.hindustantimes.com/real-estate/housing-prices-increase-by-around-20-in-mmr-bengaluru-delhi-ncr-and-other-cities-in-the-last-two-years-101709130959860.html?utm_source=whatsapp&utm_medium=social&utm_campaign=ht_site
Here’s what you need to consider to take multiple home loans https://timesproperty.com/news/post/going-for-redevelopment-read-the-fine-print-thoroughly-blid6396?offset=1
12% of Indian UHNWIs are planning to buy a new home in 2024; On an average an Indian UHNWI owns 2.57 homes while 28% have rented out their second homes in 2023 https://www.hindustantimes.com/real-estate/indias-ultra-rich-put-32-of-their-wealth-in-residential-assets-report-101709096726838.html
In the residential space, it’s only holiday homes that are attracting investors, whereas in commercial and warehousing, given the regulations around residential renting and the yields being higher as well, the entry investment into these segments varies from Rs 15 to 25 lakhs. https://www.zeebiz.com/personal-finance/news-fractional-ownership-in-real-estate-all-the-finer-details-about-this-nascent-investment-option-278079
