With homes being sold rapidly in the IT city, thus bringing down the inventory, we look at the available options that homebuyers have in store this quarter Bengaluru has a robust real estate market; it was highlighted once again in this quarter when the city witnessed a steep drop in inventory. According to Colliers, CREDAI …
Listed developers’ average cost of debt has reduced from 9.64% in Q4 FY20 to 8.14% in Q2 FY23 https://www.thehindubusinessline.com/news/real-estate/average-cost-of-debt-for-top-8-listed-realty-players-at-its-lowest-since-pandemic-anarock/article66277767.ece
Home prices across top six cities are set to jump 6-10 per cent this fiscal and 3-5 per cent in the next financial year because of a steep rise in raw material, labour and land costs https://www.business-standard.com/article/current-affairs/home-prices-set-for-steep-6-10-jump-this-fiscal-3-5-next-report-122121501006_1.html
Can millennials prove to be the driving factor behind Indian real estate’s growth in the next few years? Read on to find out https://timesproperty.com/news/post/homeownership-a-priority-for-young-indians-blid3407
Home loan prepayments simply mean you pay a certain portion of your loan amount earlier than the planned repayment period. Generally, a borrower tends to pre-pay their loan amount upon having surplus funds. https://www.livemint.com/money/personal-finance/why-prepayment-of-home-loans-is-better-in-early-years-of-tenure-than-later-explained-11670662716370.html
Time-tested and believed to be immune to market volatilities, the real estate sector has been experiencing tremendous growth in recent years, and the uptick trend is expected to continue in the forthcoming years as well. According to reports, India’s real estate market is expected to reach Rs. 13,00,000 crore by 2023. https://timesofindia.indiatimes.com/blogs/voices/real-estate-demand-in-india-will-boom-in-2023/
Indian property cycle has multi-year pent-up demand and is more dependent onpricing sentiments (now strengthening) instead of mortgage rates. https://www.business-standard.com/article/markets/why-india-s-growth-should-stay-resilient-122120800174_1.html
With demand for rental apartments shooting through the roof in Bengaluru, landlords have become ultra-choosy. They are now asking for payslips and career profiles of prospective tenants before they make a decision. Here’s a look at what are their new demands https://www.moneycontrol.com/news/business/real-estate/want-to-rent-an-apartment-in-bengaluru-update-your-linkedin-profile-9669771.html
The rise in average prices in Mumbai was recorded at 4.8% year-on-year (YoY), Bengaluru (3.3% YoY) and New Delhi (1.2% YoY) during the 12-month change (Q3 2021-Q3 2022). https://www.financialexpress.com/money/indias-residential-prices-rise-even-as-prime-global-cities-record-dip-in-price-growth/2895557/
The Ministry of Electronics and Information Technology (MeitY) in a recent notification stated that it will soon be possible to digitise property and mortgage documents. This will also act as a push for home loans, as it will make the process more digital. According to the notification, home loans will be brought under the digital …
Online Home Loans, Property Documents Could Be A Reality Soon Read More »
