Ahmedabad's Luxury Market Thrives as Joint Families Opt for 5-6 BHK Flats
Many potential buyers are hesitant to invest in under-construction homes due to concerns about builders' reliability, despite lower prices and customization options.
Demand for homes in smaller Indian cities attracts big real estate developers, with 354 million sq ft of residential development expected in 3 years.
The real estate market sees a surge in demand for 2BHK apartments, mainly driven by middle-income, nuclear families and first-time buyers.
Real estate brokers in major Indian cities are switching to other businesses due to a slump in home sales. Smaller players are particularly affected, forcing many to seek jobs in different sectors.
Real estate experts predict a possible price correction in cities like Delhi and Mumbai, offering investment opportunities. A Navi Mumbai resident plans to sell his property amid these expectations.
Real estate prices in NCR surged by 20-27% in Q1 of the current financial year compared to the same period last year, driven by continued demand and infrastructure improvements.
Wealthy buyers of Commonwealth Games apartments in Delhi struggle to gain occupancy, facing rising loan interest and deteriorating conditions at the vacant properties.
JP Morgan has financed $30 million for Parsvnath Developer’s La Tropicana residential project in New Delhi, allowing Red Fort Capital to exit with a 30% return.
Real estate transactions dip during summer months due to heat, vacations, and auspicious beliefs. Launches are lowest in Q2, peaking in Q3 with over 41% of new highrise apartments.
Real estate sector faces financial and regulatory challenges in the first quarter, impacting both projects and investors.
Fire Capital aims to raise $100 million to invest in housing projects across tier-II and tier-III cities in India, addressing severe residential shortages.
DDA directs demolition of 17 illegal flats in Games Village; Completion certificate in progress for Emaar MGF project.
Mumbai witnesses luxury transactions, Pune's new project gains traction, and Delhi's prime plot sold for redevelopment, showcasing dynamic real estate movement across major cities.
TCG Real Estate and Vornado Realty Trust plan to invest ₹270 crore in two residential projects in India, focusing on medium-sized developers.
RBI's interest rate hike impacts real estate, increasing construction costs and home loan rates. Developers face a cash crunch, while potential homebuyers confront rising borrowing expenses.
DDA's 2008 housing scheme in Vasant Kunj, South Delhi, remains largely unoccupied due to lack of basic amenities like water and electricity.
Rising real estate rates in Mumbai and other metropolitan cities have led to an increase in rental values, up to 11% in Mumbai. South Mumbai saw a drop, but suburbs experienced significant growth.
Over 16,000 people in Delhi rejoice as they get allotted flats through DDA's housing scheme, ending their years-long wait for homeownership.
TATA Housing Development ventures into the Mumbai market with redevelopment projects in premium housing, aiming to bring ethical practices and quality products.
Despite an expected rate hike by RBI, home buying remains robust, with developers expressing confidence in residential sales as buyers seek to invest before potential price increases.
Scope for small real estate investors is limited compared to institutional investors in India, but investing in rent-generating assets can still bring decent returns.
A high-end apartment in Gurgaon has been leased for Rs 1.2 lakh per month, reflecting the ongoing demand for rental properties in the region.
Homeowners uncertain about future home values, consider selling if market conditions persist
Realtors shift focus to luxury housing due to increasing demand, with major developers planning high-value projects across Indian cities.