The Government’s recent announcement to set up a Realty AIF to the tune of Rs. 25,000 crore to complete stalled projects is likely to give a new lease of life to the sector. But some of the trends are unlikely to change. Real Estate experts are of the opinion that it is the demand for affordable housing, which will continue to rule the roost for the next few years as noticed over the recent past.
The rise of neighbourhood malls has had a significant impact on the purchasing habits of millennials. These compact and community-oriented shopping centres have successfully attracted the attention of tech-savvy millennials who prioritise convenience. Neighbourhood malls are transforming how millen... (more)
In a recent report by Knight Frank, a renowned global real estate consultancy firm, it has been projected that the number of India's ultra-high-net-worth individuals (UHNWIs) with a net worth over $30 million will experience a significant rise of 58.4% over the next five years. This surge in we... (more)
Choosing the perfect neighborhood for the family is an essential decision that can greatly impact the quality of life. The right location goes beyond the walls of the home; it encompasses the surroundings, amenities, and community.
Several locations that are considered ideal ... (more)
The joint study by PHD Chamber of Commerce and Industry(PHCDII) and Grant Thornton Bharat throws light on the potential growth statistics of the real estate sector. As per the observations made in the PHD Chamber of Commerce and Industry report titled ‘Realising the potential of real estate&r... (more)
The Reserve Bank of India (RBI) declared that the repo rate, which remains at 6.5% from the most recent review meeting, has not changed for the first time in the previous 12 months. The RBI has kept the repo rate at its current level. The real estate industry has praised the RBI's shift to a mo... (more)
Showing no signs of tail-off, the rental leasing activity stood at 2.43 million sq. ft. in H2 2022 and witnessed a jump of 5% on a half-yearly basis, as depicted by the CBRE South Asia’s new report, called India Retail Figures H2 2022. The report highlights the periodic augmentation in retail... (more)
The Reserve Bank of India (RBI) has announced a repo rate hike of 25 basis points taking the total interest rate to 6.5%. The RBI's decision to raise the rate was driven by concerns about inflation. However, the developers feel that RBI should now put a full stop to the repo rate hike.
... (more)
RBI has announced a hike in Repo rates for the fifth consecutive time. The difference this time accounts for 35 bps, leading the interest rate from 5.90 to 6.25. RBI has been announcing minimum possible increases in repo rate for the last few months in order to curb the inflation that the country i... (more)
Real estate is booming in NCR. From residential complexes to local shopping complexes to malls and luxury commercial spaces, the post-pandemic real estate sector, both residential and commercial, is undergoing a major transformation. Much of it is related to a massive change in people’s outlo... (more)
