‘Housing Affordability may Improve Next Yr’
Likely 60-80 bps repo cut next year may keep prices at comfortable levels: JLL India study. Mumbai: The affordability for ho me purchases is expected to improve for the better in 2024, based on the expectation of a 60-80 basis point repo rate cut during the year. This is expected to keep buyers’ affordability within […]
Institutional investment in realty increased by 82% in 3 months till September
Housing sector • Big investors invested 71% more money in July-September. Institutional investment in the domestic property market has increased rapidly. According to global real estate consultancy firm Vestian, institutional investment in India’s real estate sector increased by 82% to Rs 5,658 crore in the July-September quarter. Of this, 44% i.e. Rs 2,482 crore came […]
Sales of luxury homes doubled in Delhi-NCR
Sales of expensive houses in Mumbai increased by 74 percent. There has been a record doubling of sales of luxury homes in Delhi-NCR in the first 9 months of this year. According to data from real estate consultant Anarock, 13,630 houses worth more than Rs 1.5 crore were sold during this period. Last year, 6,210 […]
