Among the top 7 Indian cities, key areas in the IT-led cities Hyderabad, Bengaluru and Pune saw the highest surge in average prices
Indian real estate
India
House rents skyrocket in India, hits up to 31% jump in 9 months of 2023
The rising rental costs also led to inching up of residential rental yields in the South Asian country, bringing investors back to the housing market
India
India’s real estate sector posts 115% jump in luxury home sales in 9-month period of 2023: Report
Mumbai and Delhi-NCR, along with Hyderabad out-performed the other Indian cities in luxury housing sales in 9 months of 2023
Gulf region NRIs
India’s real estate market booms on NRI demand, Gulf expats lead investment surge
Industry players expect up to 30% jump in expat purchases in the last quarter of 2023, despite spike in home prices and no discount offers or freebies by developers
India
Demand for premium homes in India surge despite high prices: Survey
Preference for affordable housing, on the other hand, declined to 25% in H1 2023 from 40% in the H2 2020 survey
India
Indian real estate sector sees 59 land deals for over 2,018 acres in first 7 months of 2023: Report
This is a 40% jump in terms of land acreage posted in the corresponding year-ago period, the study by Anarock Research showed
India
India’s luxury homes see 24% price growth in 5 years: Report
Prices of affordable homes – priced at ₹4 million and below – on the other hand notched up a more modest 15%price appreciation in the last 5-year period
Anarock Group
Weak rupee, price discounts lure Gulf-based expat Indians to Indian property market in large numbers
Eagerness to own a house back home in the wake of the pandemic-induced uncertainties is also adding to the current demand spike from NRI buyers
Indian economy
Logistics emerges as key PE fund target amid $1.1bn Indian investments
New report says logistics and warehousing seem to be the new real estate favourites for private equity funds
Abu Dhabi Investment Authority
Abu Dhabi’s ADIA said to see 20% return from Indian real estate fund
Senior Kotak exec says Abu Dhabi Investment Authority’s investment in real estate fund has yielded about 20% returns
India
India sees spike in real estate demand as rupee falls
Property market across Indian cities is becoming more attractive to non-resident Indians as rupee exchange value falls