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
Evolving demographics, shifting social norms, a surge in entrepreneurship, increasing digitization and a hybrid working culture have significantly reshaped the patterns of real estate consumption, prompting the demand for fresh segments. https://www.financialexpress.com/business/industry-real-estate-in-india-has-a-lot-beyond-residential-3405276/
The average rental inflation in Singapore has been around 29%. However, the net rental inflation in India is higher than these countries, with some pockets of major cities witnessing an exponential rent increase of 30% and above. https://www.financialexpress.com/money/good-news-for-landlords-net-rental-yield-in-india-one-of-the-highest-in-the-world-3403143/
Being the fastest-growing economy, India remains at the focal point as we journey towards becoming the third largest economy in the world. The standard of living continues to improve and that is reflected in the increase in per capita income from USD ~1,500 to USD 2,400, with people getting access to basic necessities including housing, …
India’s booming economy: A golden age for real estate investment Read More »
Global Capability Centres to lease 45-50 msf of Grade A office space by 2025; GCCs steadily adopting flex spaces, with approximately 5-10% of flex seats https://www.hindustantimes.com/real-estate/bengaluru-and-hyderabad-account-for-60-of-the-total-global-capability-centres-demand-colliers-101708493351663.html
Several key factors contribute to the growing appeal of India’s real estate sector for international investors. India’s real estate market is witnessing a surge in foreign investments in 2024, driven by economic reforms, infrastructural development, and a commitment to sustainability. https://www.financialexpress.com/money/indias-real-estate-boom-attracts-foreign-investors-in-2024-3400073/
Modern luxury living has evolved beyond material opulence; it now embraces the spiritual essence of our roots. https://www.financialexpress.com/money/legacy-in-luxury-living-india-finds-a-modern-echo-in-real-estate-3398757/
MMR and NCR together saw approximately 2.57 lakh housing units completed in 2023 – MMR with approximately 1.43 lakh units, followed by NCR with 1.14 lakh units https://www.hindustantimes.com/real-estate/over-4-35-lakh-homes-completed-in-2023-across-top-seven-cities-59-in-mmr-and-ncr-101708250629488.html
The Indian real estate market has been witnessing a significant boom in investment from Non-Resident Indians (NRIs) based in the Gulf region over the past year, according to new reports. Benefitting from the post-pandemic economic recovery and growth seen in major Gulf economies, NRIs are investing surplus funds from their salaries and businesses back home …
India Real Estate Market Records Investment Boom as NRIs Cash in on Gulf Economic Growth Read More »
