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 […]
According to recent reports by all leading real estate consultants, India’s luxury homes segment has witnessed a strong comeback since the Covid-19 pandemic. How did this happen, when the pandemic actually caused an economic recession? There are several reasons. Massive HNI Interest Covid-19 brought about a lot of uncertainty in Indians’ lives. In times of […]
NCR unsold stock declined from approx. 1.73 lakh units by Q1 2020-end to approx. 1.53 lakh units by Q1 2022-end South cities Bengaluru, Hyderabad & Chennai saw their collective unsold stock increase by 32% in the same period, MMR & Pune in West saw a collective decline of 10% NCR also saw the sharpest decline in unsold […]
Hyderabad Inventory overhang was 53 months a year ago in Q1 2021 Housing sales in Q1 2022 witnessed maximum yearly growth of 199% among top 7 cities Avg. property prices in Hyderabad saw maximum annual rise of 5% among top cities – from INR 4,240 per sq. ft. in Q1 2021 to approx. INR 4,450 […]
Price is always a critical factor when Indians go on a house hunt, but is this the only important aspect? Consider this – a home is supposed to be an asset for a lifetime and should support us during all stages of life. Therefore, judging a home only by the family’s current needs is not […]
As of Q1 2022-end, the total available stock of affordable housing (<INR 40 lakh) in the top 7 cities is approx. 1,86,150 units; 2,34,600 units at Q1 2020-end Chennai, Pune & MMR saw the highest supply decline of 52%, 33% & 27%, respectively Supply of ultra-luxury homes (>INR 2.5 Cr) declined 5% in the same […]
Increased demand for real estate tends to lead to home prices hike eventually. Even when demand was low for a long time but has begun to revive, developers avoid increasing home prices because they want to foster the new demand. There was a 3-year-long market slowdown before the Covid-19 pandemic, and the pandemic itself was […]
Why Are Love Marriages So Difficult in India?
Love marriages have always been a bit more difficult in India, partly because female purity is viewed with value by Indian families, so if an unmarried woman has sex before marriage, her family disapproves of the lad, who would then often end up leaving the girl without ever marrying. Comparison of love and arranged marriage […]