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The real estate sector has overcome its challenges and continues to reach new heights year after year. According to PropEquity, India’s key property market, Delhi NCR has shown a resilient performance during the December quarter, with housing sales and new supply expected to rise 25% and 59%. The data reveals that the residential units sold…
Last Updated:December 18, 2024, 2:02 PM IST Amaravati (49.10% YoY), Guntur (38.27% YoY) and Vijayawada (31.95% YoY) enjoyed increased searches (demand) in 2024. Due to demand and supply mismatch, residential prices increased substantially in these markets. (Representative Photo) Amaravati, Guntur and Vijayawada are emerging as the new residential favourites in South India in 2024, according…
Last Updated:December 16, 2024, 6:33 PM IST The buyers said that although they received possession of their flats back in 2019, the registration process had been delayed. 44 flat buyers seek Allahabad High Court help. (Representational Image) A group of 44 flat buyers from the Gaudsons Sportswood project, located in Sector 79, Noida, approached the…
Last Updated:December 16, 2024, 4:23 pm IST Flexible office space operators have received $820 million worth of private equity funding since 2017 and taken on lease an estimated 52.9 million sqft, with a robust CAGR of 22 per cent. Flex spaces accounted for 18 per cent of the pan-India absorption of 18.61 million sqft during…
NEW DELHI: In a relief to Raheja Developers, the appellate tribunal NCLAT has confined the insolvency proceedings against the realty firm to only one of its projects ‘Raheja Shilas’. However, it has directed Raheja Developers to provide the details regarding the other incomplete projects and the status of all ongoing projects, enabling appropriate orders to…
Last Updated:November 22, 2024, 6:04 PM IST The growing prominence of women in the Indian real estate industry is inspiring and pivotal for its future, says Amrita Gupta. Amrita Gupta, director of Manglam Group and founder president of CREDAI Rajasthan Women’s Wing. Even as the real estate sector has got a boost after the pandemic,…
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….
Even as the Indian real estate sector is witnessing fast growth with the prices in key cities surging as high as 140 per cent within 5 years, it is also becoming more inclusive. More women are now stepping into leadership roles, reshaping the industry’s dynamics. In an interview with news18.com, Gulshan Group Director Yukti Nagpal…
The average price of newly launched residential projects in India’s top 10 cities has surged by a staggering 88 per cent over the past five years, according to a report by real estate data analytics firm PropEquity released on Monday. Gurugram witnessed the most dramatic price growth, with average prices catapulting by 160% from Rs…
The residential sector remains the primary driver of India’s real estate market, as evidenced by the numerous land deals it is generating. With residential demand at an all-time high, major listed developers and other entities are actively acquiring land. With a booming industrial landscape and improved infrastructure, the city is quickly transforming from a tier-2…