ANAROCK research indicates that nearly 81,300 unsold homes are currently ready-to-move-in across the top 7 cities.
Category: Residential Real Estate
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.
RERA project registrations have grown by 40% in a year across India with maximum registrations in Maharashtra, Gujarat, Karnataka, Madhya Pradesh and UP.
The festive season is traditionally an active period for real estate sales as many buyers consider Navratri and Diwali an auspicious time to buy a property.
The repo rate cut of 25 bps to 5.15% is in line with expectations, and can go some way in improving consumer sentiments ahead of the festive season.
Housing sales in Q3 2019 saw a quarterly decline of 20% across the top 7 cities - from 68,600 units in Q2 2019 to 55,080 units in Q3 2019.
Amaravati has created a brand name for itself globally. At present, a lot of administrative and legislative services are operated from the city.
The age of property buyers is an important demographic variable which Indian real estate stakeholders and advertisement agencies must focus on.
The residential real estate market in Gujarat’s top city Ahmedabad has been riding high on affordable housing projects over the last five years.
Among the factors contributing to the escalating claustrophobia effect of shrinking apartment sizes, demand for affordable homes in metros tops the list.