News – Services For NRI

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

From Vastu considerations to additional parking space, this is how India searched homes in 2024

Buyer preferences varied not just geographically but also on factors shaped by cultural and economic forces. This held true for the rental market as well. These understandings, experts say, could enable builders to fine-tune their strategies to attract a wider audience. https://www.moneycontrol.com/news/business/real-estate/from-vastu-considerations-to-additional-parking-space-this-is-how-india-searched-homes-in-2024-12948674.html