The previously failed attempts by the State Government to rebuild Mumbai’s Dharavi have now prompted a new angle – the area is now being promoted as Mumbai’s new business district.
Housing sales in Q3 2018 increased by 9% as against the preceding quarter. In comparison to Q3 2017, sales increased by 15% in a year across the top 7 cities.
Burgeoning commercial activity, a cutting-edge start-up culture and realistic property prices dictated by end-user demand have kept Bengaluru’s real estate market vibrant, and generally more resilient than in other cities.
Despite the ongoing pain in Indian real estate, both housing sales and new launches have increased q-o-q. The future depends on a favourable macroeconomic environment in 2019.
The festive season is considered auspicious for property purchase and Indians across many states prefer to make informed property buying decisions during this period. To…
DeMo, RERA, and GST struck at the very heart of the previously unregulated practices prevalent in the Indian real estate. RERA, in particular, has been…
Incessant project delays, dodgy activities of some developers and land litigation issues have plagued the Indian real estate sector over the last several decades, not…
The secondary real estate market will gain more momentum as and when the RERA attains complete implementation coverage across all states. However, even now RERA and other pertinent policy reforms have opened several new avenues for growth in the Indian real estate sector
Unsold Real Estate units across top 9 markets have come down by 9% y-o-y to 7,57,000 units. Sales in top 9 cities have come down by 18% quarter on quarter in Q2 CY’18.
As the realty sector becomes more streamlined on the back of GST and other landmark reforms such as RERA, investor and consumer sentiments will become more positive and further strengthen the entire system in the future.