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Share of affordable homes supply across 7 cities slips to 20% from 40% in 2018

Share of affordable homes supply across 7 cities slips to 20% from 40% in 2018

The share of affordable homes -- costing below ₹40 lakh each -- in the total fresh housing supply across seven major cities dipped to 20 per cent last year from 40 per cent in 2018, according to Anarock data. The share of the supply of affordable housing in 2019 remained at 40 per cent in the total new launches of 2,36,560 units.(Representative image/ Bloomberg) Real estate consultant...

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Housing sales up 14% in Jan-Mar to 1.13 lakh units across top 7 cities: Report

Housing sales up 14% in Jan-Mar to 1.13 lakh units across top 7 cities: Report

Housing sales in India's top seven cities are estimated to rise 14 per cent during January-March to over 1.13 lakh units on strong demand despite increase in prices by 6-9 per cent, according to Anarock. Mumbai Metropolitan Region (MMR) and Pune contributed 48 per cent to total sales. (Bachchan Kumar/ Hindustan Times) Real estate consultant Anarock, which tracks the primary (fresh sales)...

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Mumbai’s Thane West most searched place for home buying in 2022

Mumbai’s Thane West most searched place for home buying in 2022

Real estate portal Housing.com on Monday said that Thane West in Mumbai region was most searched location on its platform for purchase of homes during 2022 calendar year followed by Whitefield in Bengaluru and Noida Extension in Delhi-NCR. For buying, the sweet spot was for apartments below ₹50 lakh.(Representative image/ Whatshot) New Town in Kolkata and Mira Road East in Mumbai were at...

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