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Hyderabad's Housing Market Soars: Over 54,000 Home Sales Recorded in 2024

Hyderabad’s Housing Market Soars: Over 54,000 Home Sales Recorded in 2024

Year-to-Date Sales Surge by 18% as Luxury Properties Gain Popularity Hyderabad, 20 September 2024: In a remarkable turn for the real estate sector, Hyderabad has witnessed over 54,000 home sales year-to-date in 2024, showcasing an impressive 18% increase compared to the previous year. According to Knight Frank India’s latest report, August alone accounted for 6,439 […]

U.P. RERA Cracks Down on Conditional Possession in Real Estate

U.P. RERA Cracks Down on Conditional Possession in Real Estate to Protect Homebuyers’ Rights Amid Rising Complaints

Complaints Rise as Promoters Violate Legal Rights of Allottees Lucknow / Gautam Buddh Nagar – The U.P. Real Estate Regulatory Authority (RERA) is taking a firm stand against real estate promoters offering possession of properties under restrictive terms that undermine the rights of allottees. Complaints have surged from home buyers alleging that they are being […]

Pune's Real Estate Boom: Stamp Duty Collections Surge 40% YoY in August 2024

Pune’s Real Estate Boom: Stamp Duty Collections Surge 40% YoY in August 2024

Record Property Registrations Fuel Market Confidence Knight Frank India’s latest report reveals that Pune’s property market is thriving, with a staggering INR 592 crore in stamp duty collected in August 2024, marking a 40% year-on-year increase. This growth signals a robust resurgence in buyer confidence, particularly in the mid-range and luxury segments. Impressive Year-to-Date Performance […]

India's Retail Renaissance: 55 Million Square Feet of Mall Space Needed by 2027

India’s Retail Renaissance: 55 Million Square Feet of Mall Space Needed by 2027

Growing Demand for Grade A Retail SpaceIndia is poised for a retail boom, requiring approximately 55 million square feet of Grade A mall space over the next four years to meet escalating consumer demand and match the retail space per capita of neighboring South Asian economies, according to a recent report by Cushman & Wakefield. […]

The Wealth of Faith: Exploring India’s Richest Temples

Introduction: Temples as Economic PowerhousesIn India, temples are not just spiritual havens; they play a crucial role in the nation’s politics and economy. According to the National Sample Survey Organization (NSSO), the “Temple Economy” is valued at approximately ₹3.02 lakh crore (around $40 billion) and continues to grow annually. Surprisingly, some temples generate billions, significantly […]

Indian Investors Rush to Secure Greek Properties Before Golden Visa Changes

Surge in Real Estate Purchases Ahead of New Investment Thresholds As Greece prepares to revamp its Golden Visa Programme on September 1, Indian investors have been quick to capitalize on the current investment landscape, leading to a remarkable 37 percent increase in property purchases between July and August. This influx is largely driven by a […]

NRI Investments in Indian Real Estate Surge: A Transformative Shift Toward Luxury and Growth

NRI Investments in Indian Real Estate Surge: A Transformative Shift Toward Luxury and Growth

Record Growth Driven by Economic Optimism and Rising Demand In a notable shift, investments by non-resident Indians (NRIs) in the Indian real estate market have surged over the past 20 months, reflecting a growth rate of 15-20%. Industry experts predict that NRIs’ share of total investments in the sector could rise to 20%, up from […]

Revolutionizing Real Estate: CareEdge Analytics Launches REITsInfraEdge Platform

New Portal Promises Enhanced Data Access for Investors in Indian REIT Market Mumbai, September 18, 2024 – In a significant advancement for the real estate and infrastructure sectors, CareEdge Analytics has unveiled REITsInfraEdge, a cutting-edge data benchmarking platform aimed at transforming how investors engage with Real Estate Investment Trusts (REITs) in India. Launched with encouragement […]

NCR Office Space Transactions Surge: Large Leases Dominate Market in 2024

Knight Frank India Reports 61% of H1 Transactions in Spaces Over 50,000 sq. ft. New Delhi, September 19, 2024 – The National Capital Region (NCR) is witnessing a significant transformation in its office space market, as new data from Knight Frank India reveals that 61% of all office transactions in the first half of 2024 […]