It’s festive season time again, and many Indians are seriously considering taking the plunge this time. But even after factoring in the pros and cons, there is one aspect of the home ownership journey that can cause confusion – namely, how big a size home should you buy? Of course, you’ve read the news and
In recent years, the concept of ‘green’ home has gained increasing popularity in India. As people become more environmentally conscious, demand has grown for homes built using eco-friendly design, materials, and features that promote energy efficiency and sustainability. But is a green home right for you? Here are some key factors to consider when deciding
To complete its 18 ongoing housing projects across Delhi-NCR, Supertech Ltd plans to raise Rs 1600 crore from institutional investors by July, according to its Chairman RK Arora. According to Arora, due diligence is currently underway with investors for this interim funding, but the investors’ names were not disclosed. The Supreme Court recently approved interim
– NCR to lead the pack with approx. 1.70 lakh homes to be completed by 2023 – 97% increase over 2022. – Housing completions in Hyderabad, with a share of just 4% of overall stock to be delivered, set to increase by 104% over 2022 – Annual completions to rise 2.8X in 2023 Mumbai, 22
Due to strong housing demand, Godrej Properties Ltd acquired 18 land parcels last fiscal for the development of new projects with a sales potential of around Rs 32,000 crore. For future development, Mumbai-based Godrej Properties, part of the Godrej Group, plans to add land parcels with sales revenue potential of Rs 15,000 crore. In contrast,
Investment in residential real estate is a very different kettle of fish than end-user homebuying. When the intention is to return on investment(ROI) in 2023, knowing how the housing asset class is performing is of prime importance. From an ROI perspective, there are two buckets to check in 2023 in the housing market – capital
Mumbai, 13 February 2023: Average monthly residential rentals in the top 7 cities in both the luxury and the mid segment categories, were on a roll in 2022. Latest ANAROCK data shows that the key residential rental hotspots saw up to 23% growth in average monthly rentals between 2019 and 2022. Noida’s Sector-150 remained on top
India’s Republic Day commemorates the enactment of the country’s Constitution on January 26, 1950. While the Indian Constitution is fundamentally important at all levels of Indians’ lives today, we should also remember that it has played a significant role in shaping the country’s housing market. After all, it provides the framework for citizens and government’s
Total Homes Completed in 2022 Mumbai, 16 January 2023: Year 2022 saw record-high housing sales and new launches across the top 7 cities. The latest ANAROCK data reveals that unit completions have also remained on top between 2017 till 2022. Approx. 4.02 lakh homes were completed in 2022 in these cities – 44% higher than in
If there is one thing that 2022 proved to the real estate investor, it is that housing is the most enduring and viable asset class in India. After several years of taking a back seat, housing property became the best possible investment opportunity in the past year. The viability of housing as an asset class
