Real Estate Discovers Its Animal Spirit
Record sales in residential segment and an office boom stoke investor interest for that extra yield.
Record sales in residential segment and an office boom stoke investor interest for that extra yield.
How the ₹25,000-crore fund, launched in November 2019, is building 1.7 lakh-plus houses in stuck realty projects.
Anarock Property Consultants says housing sales in the top seven cities in India cumulatively recorded a 29% jump in the January-March 25 period, on a y-o-y basis.
The new norm of working from home has turned the tables for India’s housing market. Now, there has been a 10% rise in the average size of apartments, which had been shrinking since 2014.
The rise in home sales across the country is because of historically low home loan rates, and discounts being offered by developers. And consumers are opting for bigger homes with a study room.
Anarock Property Consultants says housing sales in the top seven cities in India could cumulatively record a 35% jump in the October to December quarter, on a sequential basis.
While the Budget brings relief to the affordable housing sector, the removal of exemptions under the new income tax regime comes as dampener for the real estate sector.
At hostels, PGs, and other run-of-the-mill options, the experience of students living away from home is far from ideal. A clutch of startups are looking to change it all.