DELHI PROPERTY PRICES
Marriott ties up with Whiteland corporation for first branded residences project The Gurugram property, with an investment of more than Rs 5,600 crore, will be developed in phases with local developer Whiteland Corporation and will encompass an area of 6 million square feet, Trinh Quynh Phuong, vice president of mixed-use develo...
05 Jul, 2024, 07.14 PM ISTResidential property sales highest in a decade: Not affordable housing, but this segment emerges as top favourite India's real estate sector remained buoyant as residential housing sale surged to an 11-year high in the first half of 2024. A total of 1.73 lakh residential units sold during the January-June period of 2024, according to the Knight Frank report. Mu...
05 Jul, 2024, 06.49 PM ISTStable economy boosts India's housing market to new heights, scales 11-year peak The housing property market across India is seeing substantial growth in sales volumes, driven by stable economic conditions and continued confidence, even amidst higher mortgage rates. This uptrend is led by the top eight cities, including Mumbai, ...
05 Jul, 2024, 09.54 AM IST- ADVERTISEMENT
Prices of premium residential under-construction properties continue to rise in top cities According to Savills India, prices of premium under-construction residential properties surged up to 53% in major cities like Gurugram, Delhi, Noida, Bengaluru, and Mumbai. Gurugram led with the highest increase. North Goa also saw a 28% rise in vil...
02 Jul, 2024, 12.29 AM ISTFIR filed against Noida builder after buyers complain of flat sizes being too small As per the complainants, the 423 flats sold in Prateek Edifice were 10-12% smaller than what they had been charged for. They claimed construction was also done beyond the sanctioned plan without their consent.
01 Jul, 2024, 02.53 PM ISTThis Indian city sees third highest jump in prime residential property prices in the world: Report In Q1 2024, Mumbai led Indian cities with an 11.5% year-on-year increase in prime residential prices, ranking third globally in Knight Frank's Prime Global Cities Index. Delhi followed with a 10.5% rise, securing fifth place. Knight Frank attributed...
30 Jun, 2024, 11.48 AM ISTUnder-construction housing prices increase 15.2% in June quarter Residential real estate supply surged in June quarter driven by under-construction properties, prices rose 11.7% and 15.2% sequentially, surpassing ready-to-move-in prices in Gurugram, Mumbai, Noida, and Thane.
24 Jun, 2024, 11.24 PM ISTHousing sales likely to fall 2 pc in Apr-June to nearly 1.2 lakh units across top 9 cities Housing sales estimated to decline 2% to nearly 1.20 lakh units in current quarter across major cities, mainly due to lower demand in Hyderabad and Pune, as per PropEquity data.
20 Jun, 2024, 04.52 PM ISTMumbai luxury property market records 3rd highest price rise globally in Q1 Mumbai saw a significant rise in prime residential prices, recording the third highest year-on-year growth globally. New Delhi also saw an increase, while Bengaluru experienced a slight drop. Mumbai's growth was driven by strong demand for higher va...
13 Jun, 2024, 01.25 PM ISTProperty prices jump by 10-15% in tier 2 cities: Report Property prices in tier 2 cities have risen by 10-15% due to economic growth, infrastructure development, and reverse migration. Premium locations in Goa, Chandigarh, and Kochi are now comparable to major markets in Delhi and Mumbai. Tier 2 cities o...
13 Jun, 2024, 01.05 PM ISTRobust housing demand helps in faster inventory liquidation Residential property markets in the top seven cities - Mumbai, Delhi-NCR, Pune, Bengaluru, Chennai, Hyderabad and Kolkata - have witnessed a significant 31% decrease in the time taken to sell active unsold housing inventory, showed a JLL analysis.
08 Jun, 2024, 11.08 PM ISTIndia's top 7 cities see 31% decline in time to liquidate unsold housing inventory According to him, time needed to sell the unsold inventory in the premium segment has dropped from 51 months in 2019 to 29 months in the first quarter of 2024, showcasing the strong sales momentum in this segment. Apartments belonging to ticket size...
06 Jun, 2024, 02.03 PM ISTIndia’s retail realty expansion to continue led by urbanization, consumption growth The top seven Indian cities--Mumbai, Delhi-NCR, Bengaluru, Hyderabad, Pune, Kolkata, Chennai--will add over 45 million sq ft of retail real estate through 88 new developments. This anticipated growth will outstrip the retail space supply from the pa...
03 Jun, 2024, 01.31 PM ISTHoliday home demand tapers off as rentals fall Goa is becoming a first-home market with interest from businessmen and startup founders. Luxury second homes are in demand, especially in locations like Porvorim. Coonoor Estates is developing high-end luxury homes for buyers looking to settle down.
03 Jun, 2024, 12.18 AM ISTDaughter of Divi's founder shells out Rs 80 crore for two Hyderabad properties Nilima Prasad Divi, daughter of Murali Divi, the founder of Divi's Laboratories, a prominent pharmaceutical company in India, has recently acquired two properties in Hyderabad, totaling Rs 80 crore. The first property, located in Jubilee Hills, span...
24 May, 2024, 01.21 AM ISTHousing prices in this Bengaluru area jumped 32% in Q1; know how much property prices have risen in your city Average housing prices in Bengaluru have increased by 19% year-on-year (YoY) in the January-March quarter of 2024. It was the highest increase in residential prices among the eight cities, according to a report released by CREDAI and Colliers Liases...
16 May, 2024, 04.04 PM ISTHousing prices in top 8 markets rise average 10% on-year in Q1: Report Residential real estate in top Indian cities saw a 10% average price increase YoY in the Jan-Mar quarter, driven by strong demand. Bengaluru, Delhi NCR, Ahmedabad, and Pune led with double-digit growth. Unsold inventory increased marginally national...
16 May, 2024, 01.09 PM ISTRs 5 crore budget may not guarantee luxury housing in NCR, prices scale new highs With homes priced at ₹6 crore and above getting sold out within hours of launch, developers are not keen on launching smaller sized apartments, forcing end users to wait for the current uptick in the market to stabilise. The trend is also worrying i...
15 May, 2024, 12.38 AM ISTResidential housing demand and price growth to moderate in FY25: Ind-Ra The residential real estate sector is projected to maintain stable absorption and prices in FY25, supported by favorable affordability and stable interest rates. Despite the likelihood of a slowdown compared to the high base of FY24, significant gro...
23 Apr, 2024, 02.18 PM ISTDevelopers snap up 58% more land in FY24 amid rising residential demand In 2023-24, developers and entities finalised 101 land deals totaling 2,989 acres in India, driven by high residential demand. Major deals occurred in top cities, with tier 2 and 3 cities also showing growth potential. Notable increases were seen in...
21 Apr, 2024, 12.17 PM IST