Bengaluru's real estate prices continue rising despite market concerns, with areas like JP Nagar seeing values double since 2016. Sustained tech demand and limited land drive growth, defying expectations of a market correction.
Bhopal's district administration proposes an 18% average increase in collector guideline rates for 1,283 locations, sparking opposition from real estate stakeholders who warn of housing affordability issues and economic repercussions. Deadline for objections extends, with CREDAI and public representatives urging a revision.
The Chandigarh Administration's significant hike in collector rates, effective April 1, 2025, impacts various property types, leading to widespread criticism from traders and property dealers.
India ranks 14th in Knight Frank's global house price index, with a 5.9% annual price rise due to strong economic fundamentals despite rising loan rates and inflation.
Unsold luxury apartments in Mumbai reach 2,300 units, with prices ranging from Rs 10 crore to Rs 23 crore, as developers adjust to consumer demand.
Real estate prices in Gurgaon are set to decrease as the administration considers reducing circle rates. The Deputy Commissioner has proposed a cut of up to 15% to the Haryana government.
The article discusses the lack of housing price data in India, contrasting it with the US and UK, highlighting the implications for individuals in the market.
The Indian government is contemplating permitting increased vertical growth in cities by granting additional Floor Space Index (FSI) to curb rising real estate prices and fund urban infrastructure upgrades.
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.
HDFC reports a revival in residential real estate prices, reversing a prior decline, with significant hikes noted in active markets across India.
The Reserve Bank of India plans to create indices for commercial and residential properties in Ahmedabad to manage speculation and realty bubble risks.
RBI revises norms for loans to hotels and hospitals, excluding them from commercial real estate exposure. Provisions for commercial real estate reduced, but may increase.
Pune to become India's next metropolitan city, surpassing Ahmedabad, Lucknow, and Chandigarh in development pace, infrastructure, and real estate prices.
Home buyers in Mumbai await a significant drop in realty prices, despite developers' offers and discounts at a major property exhibition.
Tishman Speyer plans to raise $1 billion for Indian realty projects, while Jina Ventures aims for $200 million.
Land prices skyrocket on Kona Expressway, NH-2, and NH-6 due to upcoming projects like DLF township and Tata Motors plant, with prices rising six-fold in four years.
A slowdown and price corrections in India's real estate sector are seen as temporary, with 62% of developers expecting long-term growth, as per Ernst & Young and FICCI's 'Realty Pulse' report.
Rising real estate rentals are impacting retail expansion plans. Spencer Retail aims to open more stores, focusing on location due to rental costs.
Prospective home buyers should prioritize affordability over fear of missing out, as current real estate prices are excessively high, with a 30% correction needed for sustainability.
Indian real estate firms anticipate margin pressure due to recent interest rate hikes, raising concerns over market demand and pricing strategies.
Knight Frank predicts residential property prices may drop further due to sales slowdown and market conditions.
Rising real estate prices and interest rates are causing a decline in home loan demand in India, impacting the housing sector's growth.