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.
Indian real estate lacks reliable price tracking mechanism, with NHB Residex attempting to provide credible market indices for residential properties.