News articles tagged Delhi NCR Real Estate

Top 8 cities’ home sales fell 6% between April and June

Housing sales in top 8 Indian cities fell 6% in Apr-Jun quarter due to Lok Sabha polls, despite 42% YoY growth.

Here are the reasons behind developers’ and buyers’ objections to the UP RERA model format for possession letters in Delhi-NCR real estate

Uttar Pradesh RERA has introduced a new directive regarding possession letters, raising concerns among developers and homebuyers about its implications and impact on long-standing disputes.

In Jan-March 2024, luxury homes priced above Rs 4 crore saw a 10% year-year increase across the top seven cities

India's luxury housing market saw a 10% YoY sales surge in Q1 2024, with Mumbai leading the demand. Driven by rising incomes and spending power, the segment is poised for continued growth.

In FY-24, Delhi-NCR closed 29 land deals totaling approximately 314 acres, with Gurugram topping the list

Delhi-NCR sees 29 land deals covering 314 acres in FY 2024, with residential development driving demand

Real estate trends: Why are wealthy Indians purchasing opulent homes before the fiscal year’s end?

Luxury real estate transactions surged in India before the fiscal year's end, with ticket sizes ranging from ₹10 crore to over ₹100 crore. Experts attribute this to several factors including capital gains reinvestment limits and market volatility.

Buyers may face a delay upto two-year in delivery of flats in Delhi-NCR

Apartment deliveries in Delhi-NCR face potential two-year delays due to pandemic-related disruptions, impacting over 3 lakh units, primarily in Greater Noida.

Affordable Housing, a priority for real estate

India's affordable housing schemes gain infrastructural status, boosting demand and lowering costs for builders and homebuyers alike.

Home prices set to fall in major metro cities

Real estate developers face tough market conditions with low sales and high inventory, according to experts and recent data from Colliers India and Cushman & Wakefield.

NCR sales up 20 pc in the first half

Delhi-NCR housing sales rise 20% in H1, driven by affordable launches, with 37,000 units sold, despite overall market slowdown

Bangalore and Mumbai bag majority of PERE funds

Bangalore and Mumbai dominate private equity real estate investments in India, attracting over 84% of total funding, while Delhi's contributions remain primarily theoretical.

Bangalore saw doubled PERE investments in 2012

Bangalore tops PERE investments, receiving Rs.32.3 billion, doubling last year's amount, mainly in commercial sector, as per Cushman & Wakefield's report.

Residential Market Will See Price-Correction Soon

India's residential market nearing price correction due to weak home sales, forcing builders to cut prices, reports CBRE, with Mumbai, Chennai, Hyderabad, and Delhi experiencing significant sales drops.

Residential Real Estate Loses Value Appreciation: JLL

India's real estate housing sector saw a decline in 2012, with minimal capital value rise of 1-3% in top seven cities, reports JLL.

Green Real Estate Project

Falcon Realty Services launches Global Eco-City, a 35-acre green project in Delhi-NCR, offering sustainable homes with solar heating, insulation, and organic farming.

NRIs Want Properties in Delhi NCR

Property owners in posh Delhi NCR localities face mixed experiences with increasing demand for ready-to-move-in homes from expatriates and higher officials.

Hotels In Chennai And Kolkata By ITC

ITC to invest in new hotels in Chennai, Kolkata, Ahmedabad, Hyderabad, and Delhi, with estimated investments over Rs 4000 crore this year and next.

Existence Of 1BHK

Demand for one-bedroom flats in Delhi-NCR outstrips supply as builders favor larger, more expensive units, impacting affordability for many.

Cash starved Small Players Offer Investors Fixed Returns

Small developers offer 12% guaranteed returns to retail investors for 5-9 years to raise funds as bank credit dries up and private funding gets expensive.

Double whammy for high-end luxury realty market.

India's luxury real estate market faces challenges due to dwindling demand from domestic buyers and cautious non-resident Indians (NRIs) anticipating a market correction.