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New Delhi: The housing sector in the country is expected to contribute 13 per cent to the national GDP by 2025, reflecting its resilience and potential, according to a report on Friday. Projected to grow into a $1-trillion market by 2030, the sector is evolving in response to demographic shifts, policy reforms, and global trends,…
New Delhi: Led by sturdy demand and positive market sentiments, average housing prices in top eight cities in India continued to increase steadily, witnessing a 11 per cent growth (on-year) at Rs 11,000 per square feet during the July-September period this year, according to a report on Monday. All the eight major cities saw an…
New Delhi: Amidst rental vs owning property debate, a tweet by woman in Bengaluru has left the internet divided. The woman, that goes by the name Harnidh Kaur posted on X (formerly twitter), regarding the high deposit charges and rentals for apartments in Bengaluru. Kaur wrote, “5 lakh deposit for a flat with 40k rent….
Mumbai: Bigger homes continue to dominate demand in India and in the first half this year, at least 51 per cent property preferred 3-BHKs and 39 per cent opted for 2-BHKs, a report showed on Monday. Premium and luxury homes demand surged as 28 per cent respondents now prefer homes priced between Rs 90 lakh–Rs…
New Delhi: India saw 25 deals worth $1.3 billion in the real estate sector in the July-September period (Q3), maintaining strong deal volumes and marking an all-time high in deal numbers and second-highest values since Q2 2023, a report showed on Monday. Deal values were primarily driven by the qualified institutional placement (QIP) activity, private…