In February of this year, MahaRERA issued a circular concerning draft model guidelines for retirement and senior citizen housing projects. https://www.financialexpress.com/money/new-rules-for-mumbai-pune-builders-senior-citizen-housing-projects-must-have-these-amenities-as-per-maharera-3492816/
This remarkable achievement is underscored by the robust economic landscape in India, with stakeholders across the board expressing heightened confidence and optimism, says NAREDCO https://www.news18.com/business/real-estate-market-sentiment-at-a-decadal-high-on-robust-economy-naredco-knight-frank-report-8897421.html
Mastering financial discipline and implementing strategic approaches can significantly reduce your home loan repayment time and costs. https://www.financialexpress.com/money/housing-loan-how-to-slash-your-home-loan-repayment-time-and-costs-3480505/
This development comes against the backdrop of a surge in rental deposits, which have escalated by 20% in select areas this quarter alone. https://www.cnbctv18.com/real-estate/bengaluru-flats-on-rent-without-deposit-zero-nobroker-data-shows-a-rise-property-cost-19407165.htm
Housing Sector Sees Unprecedented Growth https://timesproperty.com/news/post/buying-agricultural-land-grow-your-money-alongside-crops-blid7422?offset=1
Ankur Gupta of Brookfield Asset Management noted that local companies are upgrading office spaces and Indians are seeking higher-quality homes, hotels, restaurants, and vacations, reflecting significant lifestyle shifts over recent decades. https://www.cnbctv18.com/real-estate/brookfield-asset-ankur-gupta-india-real-estate-sector-indian-realty-market-outlook-19404371.htm
Among the top Indian markets, Bengaluru led the investment inflow with a share of 25.6 percent of total investments in the quarter. https://www.moneycontrol.com/news/business/real-estate/residential-segment-contributed-63-of-total-realty-investment-in-q1-2024-says-report-12712103.html
Bengaluru’s rental yield in pre-Covid 2019 stood at 3.6 percent, which amounts to a growth of 24 percent till date. Mumbai comes next with a rental yield of 4.15 percent in Q1 2024 as against 3.5 percent back in 2019. https://www.moneycontrol.com/news/business/real-estate/bengaluru-witnesses-highest-rental-yield-of-4-45-in-q1-2024-followed-by-mumbai-and-gurugram-12710542.html
ndia’s ultra-rich are allocating a significant portion of their wealth to residential assets, with a substantial 32 percent of their investment portfolio directed towards this sector. https://www.financialexpress.com/money/indias-ultra-rich-redirecting-their-investment-focus-to-residential-real-estate-3470624/
In MMR, including Mumbai real estate market, micro-markets like Virar West, Ulwe, Kandivali West, and Badlapur East reported around 5,000 residential transactions valued over Rs 2,400 crore. https://www.moneycontrol.com/news/business/real-estate/mmr-reports-60719-residential-transactions-worth-rs-54239-crore-in-q1cy24-thane-dombivali-most-preferred-for-homebuyers-12707688.html
