All major banks in India have linked their housing loans with the repo rate, allowing faster transmission of policy rates. But despite EMIs going up, India’s real estate sector has managed to maintain its growth rate. https://www.moneycontrol.com/news/business/stocks/big-cheer-for-the-real-estate-industry-nifty-realty-surges-on-rbis-rate-hike-pause-10371661.html
Bengaluru led the market in terms of quarterly sales, with a 21 percent share, closely followed by Mumbai, with a 20.9 percent share. The premium segment, with apartments priced above Rs 1.5 crore, saw a 22 percent share in overall sales. https://www.moneycontrol.com/news/business/real-estate/62000-housing-units-sold-in-top-cities-in-q1-of-2023-bengaluru-leads-the-show-jll-analysis-10365651.html
Bengaluru is home to over 1.5 million workers including those for global firms like Alphabet Inc.’s Google, Amazon.com Inc., Goldman Sachs Group Inc. and Accenture Inc. https://www.moneycontrol.com/news/business/real-estate/rents-double-in-indias-silicon-valley-as-engineers-fight-for-flats-10361281.html
The residential market remained resilient in the face of rising interest rates and prices, while the demand for commercial spaces were driven by the return-to-office transition, among others. https://www.moneycontrol.com/news/business/real-estate/79126-homes-sold-across-top-8-cities-11-3-msf-office-space-leased-in-q4-22-23-knight-frank-10356401.html
The six properties are located in Lodha Malabar, Mumbai, and come with 20 car parking slots . Brokers said the value of the triplex makes the per sq ft cost at almost Rs 1.36 lakh per sq ft. https://www.moneycontrol.com/news/business/real-estate/taparia-family-signs-most-expensive-residential-property-deal-in-india-for-rs-369-crore-10336861.html
Introduction Real Estate Prices On The Peak for Metro Cities Table of Contents Real Estate In Metro Cities Touches New Heights In 2023 Real Estate Price Trends In Major Metro Cities Reasons For The High Price In Metro Cities Conclusion https://timesproperty.com/news/post/biggest-housing-market-boom-in-15-years-blid4173?offset=1
The rating agency has revised the outlook on the residential real estate sector to neutral from improving for FY24. https://www.moneycontrol.com/news/india/housing-prices-may-rise-5-in-fy24-rates-appreciate-by-8-10-this-fiscal-india-ratings-10324901.html
In a first, a QR code was generated for a real estate project in Pune city of Maharashtra. The registration certificate reiterates the matters to be taken care of by the developer as per the provisions of the RERA Act. https://www.moneycontrol.com/news/business/real-estate/real-estate-projects-to-get-qr-code-to-empower-homebuyers-says-maharera-10316661.html
A critical engine of growth and employment, with both forward and backward linkages, it is estimated that nearly 50% of India’s GDP is linked with the domestic real estate sector. https://www.financialexpress.com/money/how-the-indian-real-estate-sector-drives-the-nations-economy/3017285/?utm_source=Whatsapp
The year 2022, saw maximum residential property sales in the last eight years, with total absorption increasing by 28 per cent year-on-year, according to a recent report https://www.business-standard.com/article/economy-policy/metros-continue-to-dominate-tier-2-cities-in-residential-real-estate-market-123032100999_1.html
