India is barely getting $4 billion in real estate investments, but with the right corporate governance and transparency, this could increase to $25 billion, says Manoj Menda
This influx is attributed to India's economic resilience, favourable investment climate, and rapid urbanisation.
Delhi-NCR saw the highest increase in residential prices at 10% year-on-year.
About 1.74 lakh homes—launched in 2014 or before—that are stalled continue to plague the Indian residential market.
There is jubilation in the real estate market. As per the RBI’s recent report, unsold inventory has dropped steadily in the last four quarters and sales are slowly picking up.
Shree Venkatesh Buildcon, a brand created on the legacy of building state of the art realty projects that elevate lifestyle and status quo gets awarded as India’s Leading Brand - Rising Star.
Tara Singh Vachani, executive chairman of Max India’s Antara Senior Living, tells Fortune India that the pandemic is slowly fuelling a growth in the assisted living and retirement homes sector.
Seven years after Sotheby’s real estate brokerage arm landed in India, arch rival Christie’s has followed suit. And it is partnering with local brokers to tap into premium property segments.
The proposal to sell residential properties through a piecemeal resolution process falls flat as some big creditors oppose it for the fear of overall failure.
Puravankara Limited, a realty “brand with a heart” building homes for all gets awarded as India’s Most Admirable Brand for reimagining residential real estate development to benefit customers.
