The report’s findings are based on the sales registration data as well as the RERA data https://indianexpress.com/article/cities/pune/pune-is-indias-most-affordable-and-preferred-metro-city-in-the-real-estate-market-cre-matrix-report-8927727/
As per the BankBazaar Aspiration Index 2023, buying and having own house continues to be a key financial goal for many people in India. In fact, this is ranked third among the top 5 financial goals of Indians. https://www.financialexpress.com/money/homeownership-top-third-priority-for-indians-reveals-bankbazaar-study-3234829/
The upcoming G20 meeting scheduled for September 9-10 in Delhi offers a unique opportunity to explore how these high-level international conferences can shape the real estate landscape. https://www.financialexpress.com/money/the-transformative-impact-of-g20-meetings-on-indias-real-estate-sector-3233821/
It is evident from the Reserve Bank’s loan outstanding data as well as property consultants data on housing sales and new launches across major cities that activities in the real estate sector are moving at a fast pace. https://www.deccanherald.com/business/bank-credit-outstanding-to-real-estate-rises-to-record-rs-28-lakh-crore-in-july-rbi-2671180
India is expected to become the third largest construction market, extending its role in nation building https://www.thehindu.com/real-estate/india-economy-real-estate-building-construction/article67226655.ece
During January to August period of 2023, properties priced Rs 1 crore and above constituted 57 % of the total registrations. https://www.financialexpress.com/money/mumbai-records-best-decade-in-august-property-registrations-3229180/
In a Housing Price Index published by NHB, the regulator for housing finance companies said the home loan rates are still lower than the pre pandemic rates leading to a healthy affordability overall https://www.business-standard.com/industry/news/housing-prices-rose-in-43-cities-in-q1-of-fy24-falls-in-7-cities-nhb-123083000527_1.html
Checklist for a hassle-free NRI homebuying experience https://timesproperty.com/news/post/women-homebuyers-have-an-edge-over-their-male-counterparts-here-s-how-blid4019?offset=3
The price of at least two land deals in Hyderabad and Gurugram this year was a whopping Rs 100 crore per acre, according to Anarock Research. https://www.financialexpress.com/money/biggest-land-deals-of-2023-from-hyderabad-to-gurugram-1-acre-for-rs-100-crore-3222231/
According to the Knight Frank India report, in the next 25 years, there will be an estimated 230 million units of housing requirement in India. https://www.moneycontrol.com/news/business/real-estate/indian-real-estate-sector-to-expand-to-5-8-trillion-by-2047-major-shift-in-housing-segments-report-11260251.html
