Homebuyers are strategising their financial preparation for a home purchase in the wake of increased home loan interest rate
The RBI's decision to raise the benchmark lending rate by 50 basis points to 5.40 per cent will make home loans costlier, and thus reducing affordability of prospective homebuyers, they added.
Sales have also been hit as home loan interest rates increased over the last several quarters impacting affordability
Residential sales hit a nine-year high in the first half of this calendar year (CY), said UK-based property consultant Knight Frank in a report recently
Brigade is aiming to increase its workforce by around 15 per cent this year
Existing home sales dropped 2.7 per cent to a seasonally adjusted annual rate of 5.77 million units last month, the National Association of Realtors said on Wednesday
Approximately 99,550 units sold across the top 7 cities in Q4, according to data from real estate consulting firm
Registration of residential properties in Kolkata metropolitan area jumped more than twofold to 15,160 units during July-September period mainly driven by stamp duty reduction by the state government
Oberoi Realty Ltd on Thursday reported over two-fold jump in its sales bookings at Rs 828.52 crore for the quarter ended September on improved housing demand driven by low mortgage rates
Mumbai Metropolitan Region or MMR accounted for 33 per cent of the total sales, followed by NCR with a 16 per cent share, Anarock said
Registration of housing properties in the Mumbai municipal region increased 35 per cent year-on-year to 7,556 units during this month on rising demand, according to Knight Frank
Godrej and Prestige posted sales bookings of Rs 6,725 crore and Rs 5,461 crore, respectively, in 2020-21 (FY21)
A latest report, prepared jointly by property consultant Anarock and CII, shows how radically the pandemic has altered buying preference
Home sales grew 67 per cent in the first half of 2021 due to growth in markets like Pune and Mumbai
Starting 2021, the market is set to witness a healthy double-digit growth rate over the next three years
While it continues to take the strain of 328,000 stalled units launched before 2015, unsold units since early-2016 have come down 26 per cent
The latest data from Knight Frank shows that property registration in the largest market - Mumbai Metropolitan Region - hit a decadal high in July
Real estate developer Supertech said it will hand over to homebuyers 8,463 flats by December this year and a total of over 16,000 units by 2023 in delayed projects in Noida, Greater Noida and Meerut
This, local brokers said, was a fair market price
The top 8 cities saw total sales of 99,416 residential units in H1 2021