Nagpur's residential market has surged post-COVID, with apartment sales doubling to 2,211 units, driven by infrastructure upgrades, returning professionals, and demand for 2-3 BHK homes. Flexibility in plotted developments and land availability are supporting price stability.
Indian real estate deliveries face significant delays in 2013, impacting homebuyers. NCR lags behind, while Pune and Mumbai show better performance. Factors such as capital shortage, over-leveraging, and land availability contribute to the slowdown.
Noida-Greater Noida Expressway to become a major hotel hub with 2,500 new rooms. Major brands like Marriott, Hyatt, and Oberoi are showing interest due to land availability and mixed-use projects.
Around 44% of the population earns between Rs 8,500 and Rs 40,000 monthly. Are affordable homes truly accessible to this segment, especially with financing challenges? Expert Arun Mohan proposes solutions in his book "Affordable Housing: How Law and Policy can make it possible."
RBI's rate cuts and government stimulus aim to revive the housing market, but developers say more is needed to address credit flow challenges.