A majority of NRI participants in the latest CII-ANAROCK Consumer Sentiment Survey will buy housing properties in any of these 3 cities Over 77% NRI respondents want bigger homes – 54% seek 3BHKs, 23% prefer 4BHKs and just 22% will consider 2BHKs; in pre-Covid survey, 40% preferred 2BHKs 63% NRI respondents currently prefer premium homes […]
Total housing sales will exceed 3.6 lakh units in the top 7 cities in 2022; the last peak in 2014 saw 3.43 lakh units sold The first 9 months of 2022 saw new supply and absorption exceed the whole of 2019 with approx. 2.73 lakh units sold and 2.65 lakh units launched MMR & NCR […]
RERA Project registrations see a 109% jump in the last 3 years – from 45,307 projects on 8 Oct 2019 to nearly 94,513 projects currently Agent registrations touch 69,766 on 8 Oct. 2022 – a 95% increase in the last 3 years Since the implementation of RERA, UP sees max. disposal of real estate complaints […]
As India tries to adjust to the new realities brought on by the Covid-19 pandemic and then the war in Europe, we see profound changes in the country’s economy. The pandemic had created an environment wherein transporting goods became harder to get and, therefore, more expensive. Just as the pandemic’s worst effects reduced, the Russia-Ukraine […]
The equities market yielded to the pandemic during the 1st phase and crashed 29% between December 2019 and March 2020 at the onset of the lockdown. Gold appreciated in 1st wave of the pandemic, corrected by 4% between Dec 2020 & March 2021 Housing prices across the top 7 cities remained largely stable during the […]
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 […]
As many as 5.68 lakh housing units are currently under various stages of construction in the entire Delhi-NCR Of these, more than 4 lakh units (or 70%) are under construction across the top 10 localities alone Localities include Greater Noida West, Yamuna Expressway, New Gurgaon, Noida Expressway, Dwarka Expressway, Central Noida, Sector-150 (Noida), Greater Faridabad […]
If the recently published quarterly housing reports by leading real estate consultancies tell us anything, it is that the Pune property market has once again proved its remarkable resilience. According to data from a research-oriented consultancy, Pune showed a yearly sales growth of 45% and a quarterly growth of 13%. According to another firm, Pune […]
Over 88,230 units were sold in Q3 2022, against 84,930 units in preceding quarter & approx. 62,800 units in Q3 2021 MMR recorded the highest sales of approx. 26,400 units, followed by NCR with approx. 14,970 units Approx. 93,490 units were launched in Q3 2022 against 82,150 units in Q2 2022 – an increase of […]
38% of respondents still prefer 2BHKs; in the previous survey (H1 2021), 46% preferred 2BHKs while 40% voted demand for 3BHKs Demand share for 4BHKs has also risen – from 2% pre-Covid to 7% now High inflation has majorly impacted disposable incomes of at least 61% of respondents Luxury properties priced >1.5 Cr gaining traction […]
