As anticipated, with inflation edging higher in the aftermath of the Russia-Ukraine war and the surging oil prices, the RBI has decided to increase the repo rates by 50 bps. It is now increased to 4.90%. “A hike was inevitable, but we are now entering the red zone. Any future hikes will reflect markedly on […]
The term ‘fence sitting’ is fashionable when talking about the housing market. A fence-sitter is someone who is actually hopeful of buying something but is waiting for a more suitable time. The underlying sentiment is hesitation, which is an uncomfortable emotion because a difficult decision needs to be made. People who are content with living […]
In contrast, the Jan-June period of 2021 saw just 14 land deals for approx. 763 acres closed Of total land deals in 2022 till date, 18 deals for 351 acres are for residential developments At least 3 deals are for data centres, 2 for logistics & warehousing, 4 for mixed-use developments 600 acres in a […]
The pandemic had brought in an urgency to purchase homes, causing housing demand to hit a peak that lasted over 2 years. However, late realty stocks have been under performing, developers are increasing their property rates, and home loan interest rates have begun to increase. Is real estate’s dream run over? Let us look at […]
Sales data reveals that mid-to-high-end segment units are most preferred, accounting for 79% of total housing demand in India Housing demand for 2 BHK units dominates with a 38% share, followed by 3 BHK units at 26% across top 7 cities in India Service class buyers account for 68% housing demand in India 26% sales […]
Inflation is expected to start softening by July 2022 on the back of diminishing unfavourable base effect particularly in food articles and liquidity drain as RBI has increased the repo rate by a significant 40bps recently, said the industry body PHD Chamber of Commerce and Industry in a press statement issued here today. Monetary tightening […]
Of net office space absorption of 34.1 Mn sq. ft. in FY 2022 across the top 7 cities, the coworking segment comprised a 13% share; annually coworking’s total share rose 8% The manufacturing/industrial sectors saw the 2nd highest YoY net absorption growth at about 4%, while the share of IT/ITeS and ecommerce sectors declined 8% […]
There have been numerous advances in the home décor market, from technology that allows people to bathe in colors to minimalist furniture with a rustic vibe. Home décor trends have changed dramatically in recent years, especially as technology has advanced in the home design business, offering consumers even more possibilities. Furthermore, millennials have developed distinct […]
What comes to mind when we speak of inflation and its impact on real estate especially on housing demand? Real estate is not a commodity like rice or petrol, which immediately reacts to inflationary trends. Yet, it is an accepted fact that inflation negatively impacts property prices. Most people imagine inflation and its effect on […]
How Your Work From Home Is Making Homes More Expensive
I’ve been noticing more and more home listings popping up in my neighborhood this summer, with some asking well above the price I paid a year before. After poking around online and talking to friends who are either working from home or just bought a new home that didn’t come with their previous one, it […]