Housing sales in Bhopal rose 10% to 3,565 units in 2024, with a 38% value increase to ₹2,344 crore, driven by rising construction costs and premium residential projects. Growth outpaced most tier-2 cities amid shifting buyer preferences towards luxury offerings.
Bengaluru's housing sales fell by 2% in Q1 2024, primarily due to a significant drop in affordable housing, while office space demand remained stable.
Knight Frank's report reveals Singapore as the top Asia-Pacific residential market with 13.7% YoY growth. Bengaluru and Mumbai also rank in the top 10.
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.
The fractional ownership market in India is rapidly evolving, driven by growing demand for shared luxury real estate investments, including second homes and commercial properties.
Bangalore real estate market sees increased unsold stock and varied demand across different parts of the city.
IIFL to raise 2 new real estate funds for residential & office space projects
Winkworth, a London-based real estate franchisor, is set to expand into India by opening offices, starting with Bangalore. This move is part of their international expansion strategy.
Mumbai's residential property prices have increased by 2.9% to Rs. 11,626 per sq. ft. However, property sales have slowed down, with only a marginal increase of 1%.
Valmark Group, a Bangalore-based real estate company, is considering raising a private equity real estate (PERE) fund of ₹125 Cr focused on Bangalore's realty market.
Project delays plague NCR's residential market, causing a 31% drop in new launches and leaving 140,000 unsold units, impacting homebuyers and developers.
Tier-2 cities in India drive growth through stabilized domestic demand for residential and commercial properties.
Union government may confer infrastructure status to housing sector in upcoming budget, aiming to provide affordable homes and boost supply.
Bangalore's residential market is witnessing a surge in green buildings, with growing buyer demand reflecting a significant trend towards sustainability.
RBI's rate cuts have reduced home loan interest rates, reviving the residential market and boosting buyer sentiment across India.
Theme-based housing is trending in the Indian residential market, driven by global exposure and increasing demand. Tata Housing and Disney are entering the market.
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.
Cushman & Wakefield reported a 16% decline in new home launches across India's top eight cities in 2012, with the majority of launches targeting the middle-income segment.
Mumbai's real estate exhibition has reignited hope among builders for a festive revival despite sluggish sales and stable prices in the market.
South Indian cities are becoming important real estate hubs due to improving transparency and a focus on quality development. Residential markets remain resilient with an affordability mantra.
Gurgaon's residential market sees a rise in property values amid slow project execution and supply shortages, yet investment sentiment remains strong due to improved job prospects.
Real estate prices are unlikely to rise in the next six months, with a significant increase in residential property sales expected, according to Niranjan Hiranandani of Hiranandani Group.
Exploring factors impacting the real estate market, with a focus on the mid-market residential segment's recovery and the shift towards affordable housing.
The affordable housing focus is driving sales recovery in the residential sector, while commercial segments struggle amid declining margins and revenue for major developers.
The Indian real estate market faces a significant slowdown, but agents and developers are hopeful that the upcoming Diwali season will revitalize activity.