In the past few years, the Indian real estate sector has placed a greater emphasis on technology integration and is experiencing drastic changes as a result of this futuristic measure https://www.news18.com/business/house-search-financial-settlement-ownership-transfer-how-technology-is-transforming-real-estate-sector-8929457.html
Amaravati’s real estate prices have surged by up to 100% within three days of the Andhra Pradesh assembly poll results and Lok Sabha election verdict on June 4! Want to know why?https://www.financialexpress.com/money/election-results-real-estate-prices-in-this-city-surge-up-to-100-in-3-days-thanks-to-chandrababu-naidu-3518324/
The premium housing segment still takes the longest time to sell its unsold inventory, with an average of 29 months as of Q1 2024, a report has said. https://www.hindustantimes.com/real-estate/bengaluru-and-delhi-ncr-require-the-least-time-to-liquidate-unsold-housing-inventory-101717648288274.html
The real estate sector is at a crucial point, with great growth potential but significant challenges. To reach a market size of USD 1 trillion by 2030 and become a net-zero carbon industry by 2047, we need government support. https://realty.economictimes.indiatimes.com/news/regulatory/new-government-must-bring-policy-reforms-in-realty-sector-naredco/110719210?utm_source=whatsapp_web&utm_medium=social&utm_campaign=socialsharebuttons
While other cities have lately shown a trend reversal, especially post-Covid-19, MMR’s affinity for skyscrapers shows no signs of slowing down. https://www.deccanherald.com/business/mumbais-vertical-boom-mmr-to-see-34-growth-in-skyscrapers-with-40-floors-over-next-six-years-3046103
Over the past ten years, the average size of new retail supply was about 3,91,099 square feet https://www.thehindubusinessline.com/news/real-estate/nearly-90-retail-properties-covering-450-lakh-sq-ft-space-to-come-up-by-2028-report/article68246232.ece
Except for a few realty players, all major developers have achieved higher sales bookings in 2023-24 compared to the preceding financial year https://www.business-standard.com/industry/news/major-18-listed-builders-sell-properties-worth-rs-1-17-trillion-in-fy24-124060200442_1.html
Home purchases are increasingly driven by a select few in a country of more than 1.4 billion people, mostly those unaffected by higher interest rates. https://www.moneycontrol.com/news/business/real-estate/indias-home-prices-to-rise-steadily-affordable-housing-supply-to-lag-demand-poll-12736201.html
Over the past year, the proportion of residential sales attributed to NRIs has risen sharply, now accounting for nearly 25 per cent of total sales at major developers https://www.news18.com/business/nris-fuel-luxury-real-estate-boom-in-india-check-what-industry-players-say-8908429.html
In the past, general election years have witnessed remarkable peaks in the housing market, indicating a strong correlation between elections and residential real estate trends. The years 2014 and 2019 particularly stand out, showcasing significant growth in both sales and new launches across the top 7 cities. https://bangaloremirror.indiatimes.com/bangalore/others/bm-property-general-elections-potential-for-a-housing-market-surge-in-2024/articleshow/110414819.cms
