News articles tagged Housing Demand

Apartment Sales Surge in Madurai

Madurai has seen a significant increase in apartment sales over the past two years, driven by improved connectivity and urban expansion. Large complexes are in high demand, with both core and suburban areas experiencing growth.

Pondicherry Real Estate Soars: A 35% Price Jump in 2024 Reveals Rising Demand

Pondicherry's real estate market surged 35% in 2024, driven by demand for heritage properties and coastline appeal. Average prices skyrocketed from ₹7,279 to ₹9,899 per sq ft, reflecting limited supply and investor influx.

Nagpur's Real Estate Rise: Mid & Luxury Homes Spark Growing Demand

Nagpur's real estate market witnesses rising interest in mid and luxury homes as economic opportunities and strategic infrastructure drive buyer confidence.

Mohali's IT City Initiative Sparks Real Estate Growth Surge

Mohali's IT City Project attracts major tech firms like Infosys and Tech Mahindra, driving demand for residential and commercial real estate to support industry expansion.

Faridabad's H1 2024 Residential Sales Surge to 6,205 Units

Faridabad's residential sales reached 6,205 units in H1 2024, fueled by infrastructure development and affordability within the NCR region.

Thane Property Registrations Surge 17% in January 2025: Residential Market Thrives

Thane’s residential market booms as property registrations rise 17% YoY in January 2025, driven by buyer demand and government policies supporting homeownership.

Nainital Property Prices Soar: 13% Yearly Growth & Market Insights

Nainital's property prices surge by 13% YoY, with average rates reaching ₹6,633/sqft. The market shows a 6X range from ₹2,272 to ₹12,000/sqft, reflecting demand diversity and upward trends in residential and commercial segments.

Stamp duty collections increased by 15% while property registrations in Mumbai rose 11% year over year in June 2024

Mumbai's property registrations rose by 11% in June 2024, with a significant increase in stamp duty collections, showcasing the market's resilience and growing buyer confidence.

Who is investing in Indian real estate, and where? Check this report.

India's real estate sector attracts $1.1 billion in Q1 2024, with residential sector leading investments at $693 million, driven by strong demand and supply.

A study predicts that residential real estate prices in India will increase by 4-6% this year

Indian home prices are projected to increase by 4-6% this year, driven by rising incomes. CRISIL Ratings anticipates interest rate cuts to spur housing demand and sales.

Mumbai real estate developers anticipate that Gudi Padwa will boost home sales

Developers in Maharashtra anticipate increased home sales during Gudi Padwa, providing incentives like discounts and flexible payments. Experts note rising property prices and strong buyer sentiment.

Godrej Properties saw sales bookings of Rs 22,500 crore in FY24, an 84% increase from the previous year

Godrej Properties reported record sales bookings of Rs 22,500 crore in FY24, an 84% YoY increase, driven by strong housing demand and successful project launches.

Indian Real Estate Market: Charting the Country’s Course for, Economic Growth

The Indian real estate market is projected to reach $1.3 trillion by FY 2034, significantly impacting the economy, driven by residential demand and commercial development.

Real estate developers are purchasing more land

Real estate developers are aggressively acquiring land in India, particularly in major cities, driven by high housing demand. This trend is expected to continue in 2024, with Tier-1 and developing areas remaining hotspots.

Hyderabad’s growing need for 3-BHK Houses

Hyderabad's demand for 3BHK homes is driven by changing lifestyles and financial factors, prompting developers like IRA Realty to meet this trend with new projects.

Why Ahmedabad realtors convert commercial projects into residential?

Due to the Covid-19 pandemic, approximately 25 commercial projects in Ahmedabad have been converted into residential housing schemes, driven by housing demand.

CREDAI-MCHI urges Maharashtra Government to cut stamp duty to 2%

CREDAI-MCHI urges Maharashtra government to reduce stamp duty to 2% in Mumbai to revitalize housing demand amidst the COVID-19 pandemic, citing reduced sales and state revenue.

Rajasthan Govt. Reduces Stamp Duty and DLC Rates!

Rajasthan's CM announces reduced stamp duty on residential properties, lowering costs for buyers and aiming to boost the affordable housing market in the state.

Good News! Delhi-NCR Witness Increase Demand for Affordable Homes

Delhi-NCR sees a surge in affordable housing demand, with Gurugram leading the way. Anarock's survey reveals a 10% increase in demand during the pandemic.

Kokapet -Hub for migrant and regional inhabitants.

Kokapet is witnessing a surge in demand for non-branded bungalows, attracting both locals and migrants, thanks to its competitive pricing and convenient location.

Mumbai’s new schemes of development

Mumbai's real estate development is focused on utilizing 13,000 hectares of land from no development zones to address the housing demand and prioritize affordable housing.

Increasing residential demand in the Silicon Valley of India, Whitefield

The growth of IT parks in Whitefield has led to a surge in demand for residential options, making it a sought-after area for professionals in Bangalore.

Elevator Industry Booms with Vertical Development

Vertical development in India, driven by land scarcity and housing demand, fuels a 40% annual growth in the elevator industry, particularly in the housing sector.

Vasundhara Enclave Fails To Attract End-Users

Vasundhara Enclave in Delhi-NCR has the potential to attract end-users but is facing weak demand for housing units. Property prices are stable with low demand.

Lucknow sets to become a hot realty hub

Lucknow is emerging as a prime real estate hub due to infrastructure growth and connectivity. IT city and international stadium boost investment and housing demand.