Flat sizes surge 32% in top 7 cities in 5 yrs; NCR tops at 96% growth
The Mumbai Metropolitan Region saw the least growth in the average flat sizes in five years
The Mumbai Metropolitan Region saw the least growth in the average flat sizes in five years
Delhi-NCR, Mumbai, and Hyderabad emerged as prominent markets, accounting for nearly 84% of the total luxury housing sales across the top seven cities, says CBRE
On the back of strong demand momentum, CBRE estimates the housing market will further bolster in the upcoming festive season in H2 2023
Inventory measured in months indicates the number of months it will take for the current unsold housing stock on the market to sell at the current absorption rate.
From the hills of Himachal Pradesh and Uttarakhand to the beaches of Goa, Covid-19 is pushing HNIs to invest in second homes. But some believe the trend is nothing but gimmickry.
About 1.74 lakh homes—launched in 2014 or before—that are stalled continue to plague the Indian residential market.
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.