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.
Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu inaugurated Real Estate Expo-2023 here on Saturday. He interacted with the developers…
Haryana Chief Minister Manohar Lal Khattar on Friday asked Union Finance Minister Nirmala Sitharaman to give a special economic package to the state as 14 districts are included in the National Capital Region (NCR).
Cities, including Mumbai metropolitan region (MMR), NCR, Bengaluru, Chennai, Hyderabad, Kolkata, and Pune saw homes worth Rs 1,55,833 crore sold in the first half of FY23, rising yearly by 119 per cent. The overall value of units sold in the corresponding period of FY22 was nearly Rs 71,295 crore, said a research by real estate consultancy firm Anarock.
Festivals are around the corner and finally, after a hiatus of two years, the market is returning to its normality, including the real-estate. From buyers to sellers all are ready to revive the fortune.
“RERA has decided to fix this problem and is working on blacklisting such agents who have been charging brokerage arbitrarily,”
