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Advisor Network Economic & Finance Market Overview Real Estate State & Urban

NCR Inventory Overhang Reduces to 27 Months in Q2 2022 From 80 Months Last Year

In Q2 2022, NCR now has the lowest housing inventory overhang since Q1 2015, aided by robust sales & restricted new supply Unsold stock sees a whopping 16% yearly decline – from approx. 1,68,710 units in Q2 2021-end to approx. 1,41,240 units as of Q2 2022-end Delhi-NCR developers remained cautious & restricted new supply despite […]

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Meet a startup that turns air into ‘Green’ water and sells it at ₹4 per liter

More than half of those in India lack access to clean water, and fluoride affects more than 10 million Indians. Remote areas often lack access to clean drinking water and people walk miles to get it. Drinking water for rural areas comes from groundwater, which is now at an accelerating rate leading to wells drying […]

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Advisor Network Economic & Finance Market Overview Real Estate State & Urban

Housing Sales Moderate in Q2 2022, MMR and NCR Outperform Other Cities

Approx. 84,930 units were sold in Q2 2022, against 99,550 units in Q1 2022 MMR recorded highest sales of approx. 25,785 units, followed by NCR with approx. 15,340 units Approx. 82,150 units were launched in Q2 2022 against 89,150 units in Q1 2022 – a decline of 8%; MMR & Pune were the only markets […]

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New data reveals the safest and most dangerous places to work in Great Britain

New data from the Health and Safety Executive, analysed by the accident at work claims team at Express Solicitors has revealed the safest and most dangerous places to work in Great Britain.  East Yorkshire is the most dangerous place to work in Great Britain You had a higher chance of getting injured at work in […]

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Advisor Network Careers Economic & Finance Market Overview Real Estate State & Urban

IT/ITeS Cities Have Lowest Grade A Office Vacancies, Pune Lowest at 8.5%

IT Office Vacancies in Chennai at 10.35%, Bengaluru at 11.25%, Hyderabad over 15% Cities not primarily driven by IT/ITeS, including NCR, have maximum office vacancy at 28.5%, Kolkata with 23.5%, MMR with approx. 16% NCR, MMR & Kolkata restricting new office stock supply in the future NCR has approx. 26 Mn sq. ft. of planned […]

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Registration for Agniveer Recruitment Starts from July, says Army

The Indian Army on Monday announced that registration for Agniveers would begin in July, while 500 trains were cancelled due to nationwide protests. Internet services were suspended in 20 districts of Bihar after last week’s announcement. Some organizations called for a nationwide shutdown on Monday, known as Bharat Bandh. Agnipath has huge job potential for […]

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Advisor Network Economic & Finance Energy & Environment Market Overview Real Estate State & Urban

Back to Nature – Is It Too Late for Pune?

Many of us remember the years when Pune was still a cool, green, peaceful, and pleasant city – a tranquil counterpoint to polluted Manic Mumbai less than 200 km away. Today, at the end of one of the worst summers any of us can recall, we realize how much has changed. In 2017, a depressing report […]

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Advisor Network Banking & Insurance Economic & Finance Laws & Registration Laws & Taxes Market Overview Real Estate State & Urban

Hike in Repo Rate might affect Real-estate and Auto Sector say experts

Current inflation in India is not due to surge in demand exceeding supplies. On the contrary, consumption demand is subdued and the production capacity is underutilized. In such circumstances,recent hikes in repo rate from 4.0% to 4.9%, almost by 25%, might be counter-productive. It shall increase lending rate hiking EMI of Housing and Auto loan.  […]

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Advisor Network Economic & Finance Market Overview Real Estate State & Urban

36,830 Stuck or Delayed Homes Completed in the Last 5 Months, 45% in NCR

By 31st December 2021, approx. 5.17 lakh units (launched in 2014 or before) were stuck in various stages of incompletion in the top 7 cities; by May 2022-end, this has reduced to approx. 4.80 lakh units Total value of the current stuck/delayed housing stock exceeds INR 4.48 lakh crore NCR saw maximum completions with approx. […]

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Advisor Network Economic & Finance Market Overview Real Estate State & Urban

India Residential Real Estate – Service class buyers drive housing demand

The service class buyers in India is the dominant socio-economic segment and the primary homebuyer in this large nation. Post reforms and the pandemic, the markets have transitioned to be driven by end-users – prices remained range-bound, eliminating investors and speculators to a great extent. A developing nation with rapid urbanization, rising nuclear families, and […]

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