In 2030, Mumbai is expected to clock housing sales worth Rs 2 trillion, it added https://www.business-standard.com/industry/news/home-sales-in-mumbai-to-cross-rs-1-trillion-this-year-jll-naredco-report-123091500440_1.html
India’s IT capital Bengaluru has evolved as the major investment destination for NRI investors in residential real estate.Real estate industry pundits are claiming that 2023 is going to be a remarkable year in connection with NRI investments as the slew of infrastructure projects, new IT corridors emerging in the city and conducive atmosphere in terms …
Mid-range homes, priced between Rs 45 lakh and Rs 90 lakh, are the most preferred https://www.business-standard.com/industry/news/59-indians-prefer-mid-high-range-homes-despite-price-rise-anarock-123091000513_1.html
The report’s findings are based on the sales registration data as well as the RERA data https://indianexpress.com/article/cities/pune/pune-is-indias-most-affordable-and-preferred-metro-city-in-the-real-estate-market-cre-matrix-report-8927727/
As per the BankBazaar Aspiration Index 2023, buying and having own house continues to be a key financial goal for many people in India. In fact, this is ranked third among the top 5 financial goals of Indians. https://www.financialexpress.com/money/homeownership-top-third-priority-for-indians-reveals-bankbazaar-study-3234829/
The upcoming G20 meeting scheduled for September 9-10 in Delhi offers a unique opportunity to explore how these high-level international conferences can shape the real estate landscape. https://www.financialexpress.com/money/the-transformative-impact-of-g20-meetings-on-indias-real-estate-sector-3233821/
It is evident from the Reserve Bank’s loan outstanding data as well as property consultants data on housing sales and new launches across major cities that activities in the real estate sector are moving at a fast pace. https://www.deccanherald.com/business/bank-credit-outstanding-to-real-estate-rises-to-record-rs-28-lakh-crore-in-july-rbi-2671180
India is expected to become the third largest construction market, extending its role in nation building https://www.thehindu.com/real-estate/india-economy-real-estate-building-construction/article67226655.ece
During January to August period of 2023, properties priced Rs 1 crore and above constituted 57 % of the total registrations. https://www.financialexpress.com/money/mumbai-records-best-decade-in-august-property-registrations-3229180/
In a Housing Price Index published by NHB, the regulator for housing finance companies said the home loan rates are still lower than the pre pandemic rates leading to a healthy affordability overall https://www.business-standard.com/industry/news/housing-prices-rose-in-43-cities-in-q1-of-fy24-falls-in-7-cities-nhb-123083000527_1.html
