The majority of this capital was directed toward Bengaluru, Mumbai, Pune, and Delhi-NCR, underlining the continued momentum and demand in key Tier/cities.
Since the operationalisation of the Real Estate Regulatory Authority (RERA) in 2017, 1.19 lakh projects, comprising 97.14 lakh units, have been registered with top 10 State RERAs between 2017-2024, said a report by NSE-listed data analytics firm PropEquity.
In a significant milestone for the real estate sector in Bengal, Sree Balaji has unveiled its latest venture, Bon Bungalow Dooars, a luxurious project that promises to redefine the concept of vacation homes in the pristine landscapes of the Himalayan foothills.
PropEquity, a real estate data analytic firm, data shows that housing sales in Delhi-NCR are likely to rise to 12,915 units during the October-December period of this calendar year from 10,354 units in the year-ago period.
A recent report by the real estate data analytics firm PropEquity said the average price of new launch projects in India’s top 10 cities have surged 88 per cent in the past five years.
Top eight listed real estate developers in India have reduced their net debt by over 54 per cent in the first quarter of current fiscal (FY25) from the previous peak in FY19.
The Indian real estate industry is witnessing a boom in terms of value and volume with a well-established value chain of developers in residential and commercial real estate, contractors, consultants such as architects and engineers, investors and so on.
Driven by strong end-user demand and healthy affordability, the residential sales in the top seven cities are expected to witness double-digit growth in FY2025 and the outlook on the residential real estate sector is stable, a report showed on Wednesday
The Indian realty sector has largely given a thumbs up to the Union Budget 2024-2025 presented in the Parliament on Tuesday by Finance Minister Nirmala Sitharaman
In the April-June period (Q2), the number of land deals closed, was 25 for over 325 acres, according to latest Anarock data.
