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
The residential property market has now entered the third year of an upturn. This property cycle can run for at least another three to four years given the seven-year duration of the preceding downturn and the resulting pent-up demand, highlighted Jefferies in its latest GREED & fear report. https://www.cnbctv18.com/market/real-estate-stocks-why-this-may-be-best-time-to-invest-top-picks-godrej-properties-dlf-16780841.htm
In recent years, several residential hotspots in and around Dwarka Expressway, Golf Course Extension, and New Gurugram have become the top choice for those seeking luxury apartments in India. https://www.financialexpress.com/money/why-hnis-are-opting-for-5-bhk-residences-now/3098507/?utm_source=Whatsapp
How the housing market is expected to perform in the future https://timesproperty.com/news/post/residential-launches-surged-in-2022-is-the-same-expected-in-2023-blid4142?offset=1
To swiftly utilize 2,000 rupee notes, Indians may opt for gold, real estate, and essential items like ACs and refrigerators, according to economists. https://www.hindustantimes.com/business/rbi-withdraws-rs-2000-note-could-make-people-buy-gold-real-estate-report-101684746397977-amp.html?utm_source=whatsapp&utm_medium=social&utm_campaign=ht_AMP
Real estate developers are expected to complete nearly 558,000 homes this year across seven major cities as builders focus on accelerating the pace of construction activities, according to Anarock https://www.business-standard.com/industry/news/realty-firms-may-complete-nearly-558-000-homes-in-2023-across-top-7-cities-123052100386_1.html
