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Advisor Network Economic & Finance Laws & Taxes Market Overview Real Estate

2023 – More Smooth Sailing or Bumpy Ride for Indian Real Estate?

Indian residential real estate sales remained upbeat throughout 2022, and the current sales momentum will sustain at least into the first quarter of 2023. Thereafter, much will depend on forces other than the desire for homeownership, such as additional repo rate hikes and property price increases. 2022 saw the repo rate go up by almost […]

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

Slowdown – Is the IT/ITeS Dream Run Over for Indian Housing?

Over the past few decades, Information Technology IT/ITes has been a primary driving force behind housing sales in many key Indian cities. It is no accident that some of the plushest, most modern residential townships have been cropping up in and around IT parks. The rationale is simple – IT and BPO professionals have significantly […]

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

Housing Market in Top 7 Cities May Scale New Peak in 2023

2019 attained a new peak since 2017 with more than 2.6 lakh units sold in the top 7 cities & 2.37 lakh new units launched; new peak likely by 2023 as housing sales could cross 3.17 lakh units mark 2021 may fare better than 2020, but unlikely to reach the latest peak levels of 2019 […]

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

MMR Unsold Housing Stock Falls 8% Y-o-Y Despite New Launches

MMR’s y-o-y decline in unsold housing highest among major 7 cities in Q1 2021, – from 2,13,180 units as on Q1 2020-end to approx.1,97,040 units by Q1 2021-end Despite ample new supply, MMR’s unsold stock decline amidst robust sales – approx. 14,820 units (highest of top 7 cities in Q1 2021 Of approx. 20,350 units […]

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Advisor Network Economic & Finance Market Overview Real Estate

Government Interventions That Helped Indian Real Estate in 2020. And What’s In Store for NRI Investors in 2021

The recovery from the setbacks caused by the COVID-19 has been rather stellar for Indian real estate. There has been a surge in investments, both from domestic and NRI buyers, causing all prominent micro-markets to register strong sales across budget segments in Q3 FY 20-21. While developers definitely helped this process by bringing on several […]

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