Manufacturing sector led the leasing activity in Q3, while technology firms still remained slightly restrained, JLL India said in its Q3 report. https://www.financialexpress.com/business/industry/office-absorption-strongest-in-six-quarters-says-report/3260803/
Colliers has identified top 5 corridors based on the annual rental yield and expected capital appreciation. https://www.business-standard.com/finance/personal-finance/looking-for-a-holiday-home-these-are-the-top-5-investment-options-for-hnis-123091900151_1.html
This comes after the state government announced on September 19 that the guidance value for property may go up by 20-30 percent from October 1 https://www.moneycontrol.com/news/business/real-estate/karnataka-collects-rs-311-crore-from-property-registration-in-a-day-calls-it-a-record-11446151.html
Latest ANAROCK Research data shows that Q3 2023 saw housing sales across the top 7 cities create another new peak with approx. 120,280 units sold, against approx. 88,230 units in Q3 2022. https://www.financialexpress.com/money/housing-sales-at-all-time-high-in-q3-2023-over-1-20l-units-sold-in-top-7-cities-3257359/
Residential sales between January and June exceeded 150,000 units, surpassing sales reported in same period last year by 4 per cent. https://www.financialexpress.com/money/residential-sales-at-a-decadal-high-cbre-report-3256830/
While rent in Bengaluru, ranked sixth in the APAC list, rose to Rs 21.5 per sq ft a month, Delhi-NCR, placed eighth, reported a 6.6 percent jump from the previous year at Rs 20.20 per sq ft, the Asia-Pacific Logistics Highlight H1 2023 report has said https://www.moneycontrol.com/news/business/real-estate/bengaluru-overtakes-delhi-ncr-mumbai-in-warehousing-rental-growth-in-h1-2023-11431891.html
Despite the difficulties posed by high inflation, escalating property costs, and interest rate hikes in the past year, 67 per cent of participants prefer buying property for their use, indicating a strong demand from end-users. https://www.financialexpress.com/money/real-estate-becomes-a-preferred-investment-choice-for-young-buyers-3252434/
The fractional ownership market, which is the total asset under management (AUM) by all these platforms, in India jumped from Rs 1,500 crore in 2019 to Rs 4,000 crore in 2023 https://www.business-standard.com/markets/news/real-estate-fractional-ownership-mkt-touches-rs-4-000-cr-to-grow-at-25-30-123092400612_1.html
Get the clarity you need on luxury vs. ultra-luxury homes https://timesproperty.com/news/post/types-of-properties-expected-to-make-a-splash-in-2023-blid3665?offset=2
The average increase is likely to be 20-30 percent depending on the area; may go up to as high as 50 percent in dense IT corridors. https://www.moneycontrol.com/news/business/real-estate/bengaluru-may-see-uptick-in-property-prices-as-guidance-value-expected-to-go-up-from-october-1-11393291.html
