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Affordable Housing Faces Growing Buyer Discontent: ANAROCK-FICCI Survey Reveals 53% Dissatisfaction

Accessibility, Quality Issues, and Compact Units Leave Buyers Unimpressed Mumbai, 21 October 2024: The affordable housing segment, once touted as the backbone of the real estate market, is now struggling to retain buyers, with 53% of prospective homeowners dissatisfied with available options. The ANAROCK-FICCI Homebuyer Sentiment Survey for H1 2024 sheds light on major deterrents, […]

Nikhil Kamath’s Surprise Move: From Advocating Rentals to Buying a Home Sparks Social Media Storm

Billionaire Shifts Stance on Renting vs. Owning Property Zerodha co-founder Nikhil Kamath, known for advocating renting over buying property, has taken an unexpected turn by purchasing his first home, triggering a wave of reactions on social media. Kamath’s decision comes as a surprise given his previous outspoken views on the financial advantages of renting, prompting […]

Real Estate Boom: India’s Economic Growth Fuels Housing Market Surge

Real Estate Boom: India’s Economic Growth Fuels Housing Market Surge

Residential Market Set for Massive Expansion by 2029 India’s economic growth is significantly boosting the real estate sector, with the residential market projected to grow at an impressive rate of 25.6% annually. Experts anticipate it will reach a staggering $1.04 trillion by 2029. However, rising home loan rates could pose challenges for prospective buyers. Home […]

Delhi-NCR Pollution Crisis: Real Estate Sector Faces New Challenges Amid GRAP 1 Implementation

Delhi-NCR Pollution Crisis: Real Estate Sector Faces New Challenges Amid GRAP 1 Implementation

Rising Pollution Levels Prompt Action from Industry Bodies As pollution levels in the Delhi-NCR region reach alarming heights, real estate associations Naredco and Credai have issued critical advisories to their member developers in light of the Stage 1 restrictions imposed under the Graded Response Action Plan (GRAP). With the Air Quality Index (AQI) recently recorded […]

Festive Season Sparks Investment Frenzy in India’s Real Estate Sector

As India’s construction industry accelerates, the festive season presents a golden opportunity for real estate investors. With rapid urbanization and a growing demand for sustainable infrastructure, experts suggest that this period could be pivotal for those seeking long-term gains in the real estate market. Economic Growth Fuels Real Estate Expansion The real estate boom is […]

Festive Season Sparks Surge in India’s Housing Market Demand

As the festive season approaches, a recent CBRE report reveals that India’s housing market is poised for a remarkable upswing, building on the strong sales momentum of 2023 and the first nine months of 2024. This period, traditionally regarded as auspicious for home purchases, is set to draw in first-time buyers who have previously held […]

Pune’s Real Estate Boom: Stamp Duty Collections Surge by 38% in 2024

Pune’s Property Market Thrives Amid Strong Demand Pune, October 19, 2024: Knight Frank India has reported significant growth in Pune’s residential real estate sector, with property registrations hitting 138,412 units in the first nine months of 2024—a remarkable 29% increase year-on-year. This surge has translated into stamp duty collections exceeding INR 5,253 crore, reflecting a […]

Delhi-NCR Implements Graded Response Action Plan to Combat Rising Pollution

Strict Measures Targeting Construction Sector and Air Quality Improvement In a decisive move to curb escalating pollution levels in Delhi-NCR, the Graded Response Action Plan (GRAP) has been officially implemented. This initiative introduces stringent regulations that will directly impact the real estate sector, mandating developers to adhere to strict guidelines and halt construction activities when […]

Shifting Sands: The Evolving Landscape of India’s Real Estate Market in 2024

A New Era for Homebuyers in India In a compelling update on the state of the Indian real estate market, the Federation of Indian Chambers of Commerce and Industry (FICCI) and ANAROCK Property Consultants have released their “Homebuyer Sentiment Survey – H1 2024.” This report sheds light on the significant changes in homebuyer preferences and […]

U.P. RERA Unveils Comprehensive Guide for Stakeholders

New Publication Aims to Enhance Transparency and Efficiency in Real Estate Sector Lucknow/Gautam Buddh Nagar: The Uttar Pradesh Real Estate Regulatory Authority (U.P. RERA) has launched a significant new publication aimed at providing essential information and guidance to all stakeholders in the real estate sector. The book, titled “Collection of Important Decisions and Standard Operating […]