Luxury housing sales pick up in top 7 Indian cities; rise 97% YoY in Jan-Sep’23
Delhi-NCR, Mumbai, and Hyderabad are the top three markets in terms of sales among the top seven cities, accounting for about 90% of all luxury home sales.
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Housing prices rise 7% in June quarter
Delhi NCR witnessed a 14% year-on-year rise in housing prices during the April-June quarter.
Should you invest in real estate, housing sector in FY23?
S. Naren of ICICI Prudential AMC believes housing and real estate is a structural long term sector given the demographics of India.
Housing as an asset will not depreciate: HDFC's Renu Sud Karnad
The MD of the country’s largest mortgage lender says with the shortage of housing and burgeoning population, housing as an asset class is a need and its value will not depreciate with time.
India’s housing market is recovering. Here's why
There is jubilation in the real estate market. As per the RBI’s recent report, unsold inventory has dropped steadily in the last four quarters and sales are slowly picking up.
Luxury homes see brisk business during pandemic
Four Seasons Private Residences has sold out eight floors in the last three months.
Home sales on a rebound
Anarock Property Consultants says housing sales in the top seven cities in India could cumulatively record a 35% jump in the October to December quarter, on a sequential basis.
Residential real estate and consumer psychology
Given end consumers and societal norms have historically driven the asset class, the next five years are likely to be one of the biggest golden periods for the sector.
Covid-19: Real estate gets the chills
The call for lockdown across major Indian cities will impact housing sales during the upcoming festive season; homebuyers can expect project delays.
Budget: Affordable homes, unaffordable exemptions
While the Budget brings relief to the affordable housing sector, the removal of exemptions under the new income tax regime comes as dampener for the real estate sector.
