Listen To The Article Affordable properties are quickly losing their appeal in India. Since the pandemic, homes under Rs 50 lakh have lost ground, making up just 15% of India's total residential real estate market. According to JLL, during the last two years, the percentage of inexpensive houses has decreased from 27% in Q1, 2022 to 15% in Q1, 2024, marking the lowest market share for affordable...
Housing Demand In India And Possible Launches In 2024Developers Focusing On Land Acquisitions To Fulfil Housing Demand In IndiaPrice Appreciation In Real EstateHomebuyers Rush To Seal The Best Deals Listen To The Article The Lok Sabha elections in 2024 may increase housing demand in the nation since the majority of real estate regulatory changes are in place and the robust GDP growth forecasts...
The real estate market saw a tremendous improvement in the first quarter of financial year 2023, with home sales in the top 7 cities topping 100,000 units. In addition, the new launches have increased significantly Year on Year by 23%, from 89,140 units in quarter one 2022 to roughly 110,000 units in 2023. In top seven Indian cities, Delhi-NCR stands out as the leader in terms of new home...