News – Services For NRI

More than 101 land deals for approximately 2,989 acres closed in FY-24 across cities, including Ayodhya

In FY-24, over 83 land deals for over 1,135 acres closed in top seven cities alone, remaining 18 deals in tier 2 and 3 cities, including Ahmedabad and Ayodhya https://www.hindustantimes.com/real-estate/more-than-101-land-deals-for-approximately-2-989-acres-closed-in-fy-24-across-cities-including-ayodhya-101713685761175.html?utm_source=whatsapp&utm_medium=social&utm_campaign=ht_site

Indian real estate sector to be worth USD 1.5 trn by 2034; 78 mn new homes needed in cities: Knight Frank-CII report

According to the report, India’s economic growth in the next decade will depend heavily on several factors, including a growing young population, bolstered domestic manufacturing, infrastructure development, and urban expansion. https://www.financialexpress.com/money/indian-real-estate-sector-to-be-worth-usd-1-5-trn-by-2034-78-mn-new-homes-needed-in-cities-knight-frank-cii-report-3455320/

Bengaluru tops office leasing, trails housing sales in Q1 2024: Knight Frank

While Knight Frank does not see this as an alarming factor yet, it blamed higher property prices for the trailing figures. Average residential real estate prices in Bengaluru grew 9% year-on-year during the first quarter, only second to Hyderabad at 13%. https://www.deccanherald.com/india/karnataka/bengaluru/bengaluru-tops-office-leasing-trails-housing-sales-in-q1-2024-knight-frank-2965633?utm_source=whatsapp&utm_medium=referral&utm_campaign=socialshare

RBI Monetary Policy 2024: Stability in interest rates to benefit homebuyers; boost housing sales

RBI’s decision to keep lending rates unchanged presents EMI-dependent homebuyers and those waiting on the sidelines to fulfill their home-ownership aspirations https://www.hindustantimes.com/real-estate/rbi-monetary-policy-2024-unchanged-interest-rates-to-encourage-homebuyers-to-invest-in-real-estate-boost-housing-sales-101712296793576.html