Does air pollution impact the property market? Findings show this is not the case. The impact of pollution on property demand in India is almost negligible.
There's a massive burden of unsold homes on the market across Indian cities, but affordable housing sales have picked up after 4 years of slowdown.
The IT capital Bangalore has the lowest unsold inventory overhang at about 15 months while NCR has the highest at 44 months as on Q3 2019.
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Much in line with her promise to bring relief to the realty sector, the Indian FM announced that an INR 10,000 crore fund has got the Union Cabinet nod.
The top 9 real estate developers listed at the stock exchange have beaten the housing sector’s downturn blues and together sold approx 44 mn sq ft of housing in FY 2019.
The top 3 UP cities within NCR – Noida, Greater Noida and Ghaziabad – saw the maximum decline in overall unsold housing stock in two years in the state.
Despite depressed consumption sentiment, the top 7 cities saw homes worth approx. INR 1.54 lakh crore sold in the first three quarters of 2019, rising yearly by 16%.
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ANAROCK research indicates that nearly 81,300 unsold homes are currently ready-to-move-in across the top 7 cities.
For a company, ‘reaching the top’ is not a goal but a process and leadership is a by-product of sound focus, ethics and governance.
ANAROCK research shows that the southern cities of Bangalore, Hyderabad and Chennai saw residential sales decline by 5% in the first three quarters of 2019.