Housing Market Booms As Credit Soars: Record High Reached For Home Loans
Housing Sector Sees Unprecedented Growth https://timesproperty.com/news/post/buying-agricultural-land-grow-your-money-alongside-crops-blid7422?offset=1
Housing Sector Sees Unprecedented Growth https://timesproperty.com/news/post/buying-agricultural-land-grow-your-money-alongside-crops-blid7422?offset=1
Ankur Gupta of Brookfield Asset Management noted that local companies are upgrading office spaces and Indians are seeking higher-quality homes, hotels, restaurants, and vacations, reflecting significant lifestyle shifts over recent decades. https://www.cnbctv18.com/real-estate/brookfield-asset-ankur-gupta-india-real-estate-sector-indian-realty-market-outlook-19404371.htm
Among the top Indian markets, Bengaluru led the investment inflow with a share of 25.6 percent of total investments in the quarter. https://www.moneycontrol.com/news/business/real-estate/residential-segment-contributed-63-of-total-realty-investment-in-q1-2024-says-report-12712103.html
Bengaluru’s rental yield in pre-Covid 2019 stood at 3.6 percent, which amounts to a growth of 24 percent till date. Mumbai comes next with a rental yield of 4.15 percent in Q1 2024 as against 3.5 percent back in 2019. https://www.moneycontrol.com/news/business/real-estate/bengaluru-witnesses-highest-rental-yield-of-4-45-in-q1-2024-followed-by-mumbai-and-gurugram-12710542.html
ndia’s ultra-rich are allocating a significant portion of their wealth to residential assets, with a substantial 32 percent of their investment portfolio directed towards this sector. https://www.financialexpress.com/money/indias-ultra-rich-redirecting-their-investment-focus-to-residential-real-estate-3470624/
In MMR, including Mumbai real estate market, micro-markets like Virar West, Ulwe, Kandivali West, and Badlapur East reported around 5,000 residential transactions valued over Rs 2,400 crore. https://www.moneycontrol.com/news/business/real-estate/mmr-reports-60719-residential-transactions-worth-rs-54239-crore-in-q1cy24-thane-dombivali-most-preferred-for-homebuyers-12707688.html
Bengaluru, Pune, Mumbai and Delhi NCR are the leading preferred markets for real estate and fractional ownership investments in India, according to the 2024 edition of the Neo-Realty survey by WiseX. https://www.financialexpress.com/money/real-estate-secret-revealed-majority-of-hnis-prefer-this-investment-model-to-generate-wealth-in-realty-space-3468511/lite/#origin=https%3A%2F%2Fwww.google.com&prerenderSize=1&visibilityState=visible&paddingTop=32&p2r=0&csi=1&aoh=17140885229561&viewerUrl=https%3A%2F%2Fwww.google.com%2Famp%2Fs%2Fwww.financialexpress.com%2Fmoney%2Freal-estate-secret-revealed-majority-of-hnis-prefer-this-investment-model-to-generate-wealth-in-realty-space-3468511%2Flite%2F&history=1&storage=1&cid=1&cap=navigateTo%2Ccid%2CfullReplaceHistory%2Ceducation%2Cfragment%2CreplaceUrl%2CiframeScroll
The past two years have seen the share of affordable homes sliding from 27 per cent in Q1, 2022 to 15 per cent in Q1, 2024 — the lowest market share for affordable homes in years, according to JLL. https://www.zeebiz.com/real-estate/news-real-estate-trends-report-shows-share-of-affordable-homes-under-rs-50-lakh-falls-from-48-to-15-in-delhi-ncr-experts-see-notable-shift-in-pattern-286354
The north zone holds 25% of the senior living market share followed by the central zone, which accounts for 13% of the market https://www.hindustantimes.com/real-estate/south-indian-states-including-bengaluru-lead-with-62-share-of-the-senior-living-housing-segment-101713518821477.html?utm_source=whatsapp&utm_medium=social&utm_campaign=ht_site
The global shift towards remote work has profoundly impacted real estate trends, and 2024 will continue to see this influence. https://www.news18.com/business/beyond-site-visit-unveiling-game-changing-trends-in-real-estate-8860381.html