The top eight residential markets in the country continue to display robust growth, in the period Q3 2023 (July-September). Sales of 82,612 residential units marked a 12% year-on-year (Y-oY) increase during this time period. Knight Frank India’s latest report on the India’s real estate market indicates that Q3 2023 registered the highest quarterly sales in
The COVID-19 pandemic has underscored the importance of living in a healthy home that support family’s health and wellbeing. With lockdowns and social distancing norms, our homes became our sanctuaries as well as our workplaces and schools. Suddenly, we became aware of how conducive our homes are for our physical and mental health. The pandemic
Discover the secrets behind Florida rapid rise as America’s 2nd most valuable housing market. From luxury beachfront properties to bustling city apartments, find your dream home in this sought-after location. Florida is reaching new heights as a result of the surge of lockdown-era buyers flocking to the state for its year-round warm weather. Florida Housing
Mumbai, 28 September 2023: The Indian residential property segment remained unstoppable in Q3 2023, despite the usually slow monsoon quarter. Latest ANAROCK Research data shows that Q3 2023 saw housing sales across the top 7 cities create another new peak with approx. 1,20,280 units sold, against approx. 88,230 units in Q3 2022. This denotes a staggering 36%
A new housing project at Noida by Godrej Properties Ltd. sold about 670 flats worth more than Rs 2000 crore on Monday. In November last year, the Noida Authority conducted an e-auction to sell the land to Godrej Properties. According to Godrej Properties’ regulatory filing, it has sold 670 homes worth over Rs 2,000 crore
NRIs, or non-resident Indians, may be experiencing a Swades moment. Instead of returning to their homeland, they have been observed enthusiastically purchasing property within the country. According to Reports there has been a 35% annual increase in NRI investment in Indian residential real estate. This growing trend is particularly noticeable in their inclination towards gated
Many COVID-related restrictions were lifted by Q3 2021, except for some limitations on international travel, which were eliminated by early 2022. Soon thereafter, the Indian residential real estate market began witnessing the return of a very important customer segment – non-resident Indians, or NRIs. NRIs currently account for 10-15% of housing sales in major Indian
Mumbai, 11 September 2023: Despite rising property prices and interest rates hikes in the last one year and more, demand for mid-range and premium homes remains high. The ANAROCK Consumer Sentiment Survey (H1 2023) indicates that at least 59% of the 5218 survey participants* will buy mid-range and premium homes (priced from INR 45 lakh too INR 1.5 Cr). This
The Indian real estate sector has witnessed remarkable growth and transformation over the years in real estate builders in India, with numerous builders and developers contributing to its evolution. The Indian residential real estate sector made impressive strides in 2022, seeing a startling 68% increase in sales from the previous year. This highlights the industry’s status
Mumbai, 6th September 2023: One of the primary aims of the Real Estate Regulatory Act (RERA) was, and continues to be, safeguarding homebuyers from the harrowing issue of delayed and stalled housing projects. To a large extent, this objective is being achieved. Latest ANAROCK Research data finds that at least 86% of residential projects launched in
