2024

Real Estate Update: 2.71 lakh housing units sold across top seven cities in 2023

Real Estate Update: 2.71 lakh housing units sold across top seven cities in 2023

India's top seven residential markets continued their bull run in 2023 with housing sales increasing by 26% on a year-on-year basis to touch 2.71 lakh units. Tech-driven cities such Pune, Chennai, Bengaluru, and Hyderabad witnessed increased sales compared to the previous year, a report by JLL said on January 10. As many as 2.71 lakh housing units were sold across the top seven cities of India...

Ram Mandir event: 3 things to remember if you want to buy property in Ayodhya

Ram Mandir event: 3 things to remember if you want to buy property in Ayodhya

With a few days left for the Ram Mandir’s inauguration in Ayodhya, the town is witnessing huge interest among real estate investors, hotel players and even senior citizens who wish to invest in property in the religious destination. Representative image of the Ram Mandir being constructed in Ayodhya, Uttar Pradesh (File Photo)(File Photo) The date for the consecration ceremony of Ayodhya's...

Housing demand to touch 93 mn by 2036: Credai-Liases Foras Report

Housing demand to touch 93 mn by 2036: Credai-Liases Foras Report

Housing demand in the country is projected to touch 93 million by 2036 due to an increase in demand from both urban and rural areas, healthy macro-economic indicators and favourable demographics. Several Tier II and III cities are expected to spearhead both real estate demand and supply, a new report by Credai and Liases Foras has said. The Confederation of Real Estate Developers’...

Noida authority’s new building to be ready by November 2024

Noida authority’s new building to be ready by November 2024

The Noida authority will complete the new building of its main administrative office in Sector 96 by November-end, 2024, officials in the know of the matter said on Monday, adding that necessary steps will be taken to resolve all technical issues in the under construction building by February end, in accordance with the suggestions made by the Indian Institute of Technology, Delhi (IIT-Delhi), which...

Private equity investments into real estate register 26% decline in 9M FY 2024

Private equity investments into real estate register 26% decline in 9M FY 2024

Private equity investments in real estate registered a decline of approximately 26% in nine months of FY24 as both foreign and domestic investors reported lower activity. Activity from foreign investors remained subdued for most of this period due to global geopolitical uncertainties and a high interest rate environment, finds ANAROCK Capital’s FLUX report for 9M FY24. Private equity...

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