Branded residences have emerged as a clear favourite among developers as about 31% of the developers are willing to explore plotted developments as an alternative business model, followed by branded residences which were preferred by 19% of developers. https://www.financialexpress.com/money/58-developers-expect-housing-prices-to-increase-further-in-2023-survey/2949434/?utm_source=Whatsapp
South Bengaluru remained the most popular micro-market, garnering a share of 46 per cent of the residential sales in the city during the second half of 2022. Housing demand in this cluster remained steady due to the proximity of prominent tech parks and employment clusters located in Electronic City and Outer Ring Road (ORR). https://bangaloremirror.indiatimes.com/bangalore/others/excellent-growth-in-realty-market/articleshow/96974473.cms
Foreign as well as domestic investors tie up with real estate developers to establish an investment platform for the development of different realty projects like warehousing parks, office assets, student housing and data centres among others. https://www.zeebiz.com/real-estate/news-realty-sees-surge-in-setting-up-of-investment-platforms-partnerships-worth-usd-45-bn-announced-in-2022-report-216753
Consultants who deal in large land parcels agree that prices for both land and apartments have shot up in major cities. https://www.financialexpress.com/money/land-prices-hit-the-roof-in-top-cities/2940417/
Private equity investments inflows into the Indian real estate sector stood at $3.4 billion at the end of 2022. This is at par with the investment quantum registered in 2021, said Savills India. https://www.moneycontrol.com/news/business/real-estate/around-4-0-billion-worth-of-private-equity-investments-likely-to-flow-into-real-estate-in-2023-9816191.html
Property in posh South Mumbai still commands higher values but the area has little space and appetite for fresh development. https://www.moneycontrol.com/news/business/real-estate/mumbai-real-estate-the-decline-of-south-mumbai-and-the-rise-of-the-suburbs-9816821.html
A growing number of investors looking for property in 2023 will move to Tier 2 and Tier 3 cities. https://www.financialexpress.com/money/real-estate-trends-to-watch-out-for-in-2023/2936293/
₹80 lakh-₹1.2 crore segment continues to attract the greatest number of customers https://www.thehindubusinessline.com/news/real-estate/demand-for-quality-housing-to-remain-strong-in-2023/article66326650.ece
New launches of housing units were up in five cities –Mumbai Metropolitan Region (MMR), Kolkata, Bengaluru, Hyderabad and Pune, but fresh supply fell in Delhi-NCR and Chennai. https://realty.economictimes.indiatimes.com/news/residential/new-housing-supply-up-51-in-2022-across-seven-cities-report/96685990?utm_source=whatsapp_web&utm_medium=social&utm_campaign=socialsharebuttons&redirect=1
Experts see the trend continuing in 2023 as India continues to see a rise in the number of billionaires https://www.moneycontrol.com/news/business/real-estate/business-tycoons-bollywood-stars-and-startup-entrepreneurs-fire-up-luxury-homes-worth-over-rs-7500-crore-in-2022-9782431.html
