News articles tagged Residential Sales

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.

HYDRAA Energizes Hyderabad's Real Estate

Contrary to concerns, HYDRAA has boosted Hyderabad's real estate growth, with notable improvements in residential and commercial activities between June and November 2024.

Mumbai Rains: During the monsoon, the walk-in homebuyer’s activity slows down, impacting housing transactions

Mumbai's real estate market experiences a typical monsoon slump, but post-COVID-19, pent-up demand and waterlogging have significantly influenced pricing and transaction volumes.

Property sales increase 9% year over year in Q12024, while office leasing increases 43%: report

India's Q1 2024: 9% rise in home sales, 43% surge in office leasing, driven by global capacity centers, with Mumbai leading residential growth.

What’s increasing the demand for luxury and mid-range housing in Pune and MMR?

Luxury and mid-range housing demand surges in Pune and MMR, driven by factors like tax incentives, rising incomes, and NRI investments. Property values have increased significantly, especially in Mumbai, impacting affordability. Despite rising costs, sales remain strong, with buyers prioritizing larger homes and better amenities.

In the Asia Pacific region’s annual housing price growth index, Bengaluru comes in at number eight and Mumbai at number nine.

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.

Home Sales Witness No Signs Of Improvement

Home sales across major Indian cities continue to plummet despite developers offering incentives, with Hyderabad experiencing the steepest decline of 46%.

Home Sales Improve In Mumbai & Bangalore

Home sales, particularly new launches, experienced growth between January and March, spurred by developer discounts. Bangalore and Mumbai saw improved sales.

Real Estate Chennai Grows Faster Than Bangalore

Chennai's real estate market shows stability, particularly in residential sales, compared to Bangalore. High demand and limited supply in city centers drive higher rentals and property values, attracting investors.

Surging Prices Pulls Down Residential Sales

Surging property prices have led to a significant decline in residential sales across major Indian cities, with reports indicating a 42% drop in 2012.

Real Estate Sector in Bangalore may see 25 per cent growth.

Bangalore’s real estate sector is set to grow by 25% in the coming year, according to CREDAI Karnataka. Commercial office space demand is rising, while residential sales are slow.

RBI might unveil its mid-quarter policy review on September 16

Despite an expected rate hike by RBI, home buying remains robust, with developers expressing confidence in residential sales as buyers seek to invest before potential price increases.

Realtors still stuck in house of correction

Experts believe that despite RBI's rate cuts, developers need to adjust prices to stimulate the sluggish residential market and address declining revenues.

NRIs Thinking Of Coming Back To India

Sales to NRIs in India show resilience despite domestic slowdown and have tripled over half a year.