The 25 deals include 20 high-end apartments and 5 independent bungalows
NCR saw maximum growth (of 37%) in avg. flat sizes among top 7 cities - from 1,375 sq. ft. in 2022 to 1,890 sq. ft in 2023
The increase in property prices, combined with a significant 250 basis point rise in the policy repo rate during the last two years, has adversely impacted property registrations below the Rs 1 crore
Mumbai Metropolitan Region ( MMR) accounted for the highest sales with 38,500 units, followed by Pune with 22,880 units. Together the two western cities accounted for 51% of total sales in Q3 2023.
Buy property in a much sought-after area where potential for supply expansion is limited
Increased demand from the Non-Resident Indian segment due to the strengthening of the US Dollar
In NCR, Gurugram accounted for a mammoth 82% of the total half yearly launches.
The 11 large and listed realtors in the sample set are Brigade Enterprises, DLF, Godrej Properties, Kolte-Patil Developers, Macrotech Developers, Mahindra Lifespace Developers, Oberoi Realty, Prestige
Currency in circulation has declined less when compared to Rs 2000 notes deposits in banks
Golf Course Road is a well-developed luxury micro market in Gurgaon which has been in high demand from the HNIs and luxury buyers alike
Delhi-NCR saw the highest increase in residential prices at 16% year-on-year, followed by Kolkata and Bengaluru with 15% and 14% increase, respectively.
But Mumbai sees average flat sizes drop by 5 per cent
As many as 43 cities out of 50 registered an increase in property prices during fourth quarter of 2022-23, according to the National Housing Bank (NHB) data released on Thursday. However, 7 cities registered a decline in the property prices. The home loan rates are still lower than that of pre-Covid period leading to a healthy affordability overall, it said. India's eight key primary residential markets witnessed appreciating property prices during the January-March 2023 period. Ahmedabad with a rise of 10.8 per cent, Bengaluru (9.4 per cent), Chennai (6.8 per cent), Delhi (1.7 per cent), Hyderabad (7.9 per cent), Kolkata (11 per cent), Mumbai (3.1 per cent) and Pune (8.2 per cent) recorded an increase in the index on an annual basis as per the Housing Price Index (HPI) published by NHB. The 50 city HPI based on valuation of properties collected from banks and housing finance companies (HPI @ Assessment Prices) recorded an annual increase of 5.8 per cent during the fourth quarter o
Home prices in India are set to hold above consumer inflation, even though interest rates are expected to stay higher for longer than previously thought, a Reuters poll of property analysts found
Delhi was also on the list of top ten such cities with an average price rise of 6.8 per cent in the second half of 2022
Current sales momentum is likely to continue in first quarter of 2023; most of the sales are driven by end-users
Real estate developers say they paid exorbitant amounts to municipality as Land Under Construction Tax
Services activity, hiring and stable unemployment rate helping consumer confidence, it says
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