News – Services For NRI

Bengaluru luxury real estate market: Homes priced at ₹10 crore and above cross ₹1,000 crore sales in FY25

Bengaluru accounted for 42% of ₹10 crore-plus home sales over the past 4 years in FY25, a report by India Sotheby’s International Realty and CRE Matrix said https://www.hindustantimes.com/real-estate/bengaluru-luxury-real-estate-market-homes-priced-at-10-crore-and-above-cross-1-000-crore-sales-in-fy25-101744811024732.html

India’s top 7 cities record 4% to 8% rental surge in office rents in 2024, global markets show mixed trends: report

India real estate market’s commercial segment remains on a growth trajectory, due to economic resilience and business expansion, the report said https://www.hindustantimes.com/real-estate/indias-top-7-cities-record-4-to-8-rental-surge-in-office-rents-in-2024-global-markets-show-mixed-trends-report-101744468287984.html

RBI MPC Repo Rate Cut: Homebuyers should ensure income stability before investing in real estate

RBI MPC Repo Rate Cut: With the RBI deciding to reduce repo rate by 25 bps, experts urge homebuyers to ensure income stability before investing in a house https://www.hindustantimes.com/real-estate/rbi-mpc-repo-rate-cut-homebuyers-should-ensure-income-stability-before-investing-in-real-estate-101744194419910.html

Homebuyers prefer fresh launches over ready-to-move-in homes; 42% of homes sold were in new projects in 2024

According to data from ANAROCK, 42 percent of 4.60 Lakh homes sold in the top seven cities in 2024 were fresh launches. Bengaluru and Chennai saw the highest new supply absorption share in 2024 – 53 percent each out of approximately 65,230 units in Bengaluru and 19,220 units in Chennai. https://www.moneycontrol.com/news/business/real-estate/homebuyers-prefer-fresh-launches-over-ready-to-move-in-homes-42-of-homes-sold-were-in-new-projects-in-2024-12973422.html

Indian real estate market sees 88% YoY investment surge to $ 3.0 billion in H2 2024

According to Colliers ‘Asia Pacific Investment Insights H2 2024’ report, office assets continued to draw the majority of the investments with a 47 percent share, followed by industrial & logistics with a 27 percent share. https://www.moneycontrol.com/news/business/real-estate/indian-real-estate-market-sees-88-yoy-investment-surge-to-3-0-billion-in-h2-2024-12969022.html