Approx. 1,73,155 homes were sold across the top 7 cities in the first two-quarters of FY23, against 87,375 in the corresponding FY22 period INR 71,295 Cr total estimated value of homes sold last year in H1 FY22 Overall sales value in H1 FY23 was highest in MMR at INR 74,835 Cr, followed by NCR at

For a long time, investors had largely steered away to invest in residential housing as capital appreciation was almost non-existent, and rentals were unattractive. Today, housing prices – which had remained more or less unchanged for several years before the pandemic – have increased. Rental rates are also increasing steadily. For many years, the capital

A majority of NRI participants in the latest CII-ANAROCK Consumer Sentiment Survey will buy housing properties in any of these 3 cities Over 77% NRI respondents want bigger homes – 54% seek 3BHKs, 23% prefer 4BHKs and just 22% will consider 2BHKs; in pre-Covid survey, 40% preferred 2BHKs 63% NRI respondents currently prefer premium homes

Total housing sales will exceed 3.6 lakh units in the top 7 cities in 2022; the last peak in 2014 saw 3.43 lakh units sold The first 9 months of 2022 saw new supply and absorption exceed the whole of 2019 with approx. 2.73 lakh units sold and 2.65 lakh units launched MMR & NCR

RERA Project registrations see a 109% jump in the last 3 years – from 45,307 projects on 8 Oct 2019 to nearly 94,513 projects currently Agent registrations touch 69,766 on 8 Oct. 2022 – a 95% increase in the last 3 years Since the implementation of RERA, UP sees max. disposal of real estate complaints

As India tries to adjust to the new realities brought on by the Covid-19 pandemic and then the war in Europe, we see profound changes in the country’s economy. The pandemic had created an environment wherein transporting goods became harder to get and, therefore, more expensive.  Just as the pandemic’s worst effects reduced, the Russia-Ukraine

Over the past few decades, Information Technology IT/ITes has been a primary driving force behind housing sales in many key Indian cities. It is no accident that some of the plushest, most modern residential townships have been cropping up in and around IT parks. The rationale is simple – IT and BPO professionals have significantly

Investor confidence in Indian real estate is increasing steadily on the back of improvements in the Indian economy despite global headwinds and the continued robustness of its real estate industry. PE investments registered an increase of 40% in 1H FY23 as compared to 1H FY22, reports ANAROCK Capital’s FLUX – H1 FY23 edition. The Top 10

As many as 5.68 lakh housing units are currently under various stages of construction in the entire Delhi-NCR Of these, more than 4 lakh units (or 70%) are under construction across the top 10 localities alone Localities include Greater Noida West, Yamuna Expressway, New Gurgaon, Noida Expressway, Dwarka Expressway, Central Noida, Sector-150 (Noida), Greater Faridabad

If the recently published quarterly housing reports by leading real estate consultancies tell us anything, it is that the Pune property market has once again proved its remarkable resilience. According to data from a research-oriented consultancy, Pune showed a yearly sales growth of 45% and a quarterly growth of 13%. According to another firm, Pune