Residential rents in India are rising by 10% due to high demand, low rental yields (3-6%), and high home loan interest rates (11-13%). Many potential buyers are delaying purchases, increasing rental demand.
Vaishnavi Infrastructures secures $25 million from Actis for its Bangalore project, comprising 925,000 sq ft of residential and retail space. This marks Actis India Real Estate Fund's first investment.
Chennai's real estate market is experiencing growth, with builders focusing on apartment projects. Luxury amenities and infrastructure are driving demand, making Chennai an attractive option for homebuyers.
Chandigarh's thriving rental market, driven by increased demand from residents seeking affordable housing, offers a variety of options catering to diverse budgets and lifestyles.
Bangalore's rental market is booming due to increased urbanization and IT sector growth. Professionals and students are driving demand, while high property prices make renting more affordable. Real estate consultants assist newcomers in finding suitable housing.
Demand for one-bedroom flats in Delhi-NCR outstrips supply as builders favor larger, more expensive units, impacting affordability for many.
India's property market shifts focus to affordable housing as demand for luxury apartments cools. Developers now target young professionals with smaller, more budget-friendly homes.
Hyderabad-based SatyaVani Green Homes invests $10M in Udhodayam Green Homes, a 12-acre, 1800-unit green township on the Hyderabad-Warangal highway. The project emphasizes eco-friendly construction and renewable energy.
DLF is launching a new residential project, DLF Garden City, near Panchkula, Chandigarh. The project will offer 2, 3, and 4 BHK apartments across 34 acres, with additional amenities like a clubhouse, schools, and a hospital.
Ansal Housing launches Ansals Tanushree group housing project in Ghaziabad, offering 2- and 3-BHK apartments ranging from ₹29-40 lakh.
One-BHK apartments in Ranchi have failed to attract buyers, prompting developers to shift focus towards larger two-BHK and three-BHK units due to lower property rates compared to other major cities.