India’s residential market is witnessing a phenomenon the place the rise in value of homes might presumably crowd out finish customers or actual consumers, with traders coming in and making a bigger play. Sequential slowdown in gross sales is already seen due to value rise placing homes out of attain of consumers. Choose micro-markets like … Read more
In a major rebound, workplace area leasing in Hyderabad has gone up by 46 per cent within the fourth quarter ended March 31, 2024, at 2 million sq ft as towards 1.4 million sq ft in the identical quarter final 12 months. That is over one-seventh of the workplace area absorption (14.4 m sq ft) … Read more
India’s wealthy and ultra-rich are lapping up properties priced upwards of ₹4 crore and the demand is being pushed by younger professionals like attorneys, medical doctors, start-up founders (together with unicorns) and promoter households of recently-listed corporations. Celeb consumers are additionally part of this brigade. A worth rise of 30-40 per cent however, many are … Read more
Realty agency Sobha Ltd reported a 37 per cent enhance in gross sales bookings at ₹1,951.6 crore within the third quarter of this monetary 12 months, primarily on the again of sturdy housing demand in Bengaluru. Additionally learn: Puravankara experiences web lack of ₹11 crore in Q2 Its gross sales bookings stood at ₹1,424.7 crore … Read more
Housing gross sales in Gurugram rose 13 per cent yearly in 2023 on excessive demand, particularly for luxurious flats, however Noida and Better Noida noticed a seven-eight per cent fall, in line with Anarock knowledge on the Delhi NCR market. Additionally learn: Luxurious properties anticipated to search out fancy with youthful consumers in 2024 Actual … Read more