Mumbai accounted for the majority of ultra-luxury home sales last year
Real estate in India
India’s residential real estate prices surge by 90% in 5 years: Report
The past five years have also seen a massive infusion of new supply across the top 7 cities, with an addition of more than 1,63 million units
Rental price growth in India’s top cities slows by 50% as housing supply surges: Report
Increasing supply of housing units is said to be leading to softening of rental costs
Housing sales boom in India’s commercial capital Mumbai despite rising prices: Study
Housing sales posted a robust 40% spike, while new launches registered a 27% jump last year, compared to 2022
More women are investing in real estate assets in India; 78% females buy homes for end use: Survey
The survey found that 61% women respondents see housing as the preferred investment asset class, followed by approximately 16% preferring the stock market, and 14% picking gold
Indian property buyers eye off-plan projects as branded developers dominate the market: Report
The South Indian cities of Chennai, Bengaluru, and Hyderabad experienced the highest absorption of new launches
Top Indian cities see up to 33% average hike residential prices in 3 years
Among the top 7 Indian cities, key areas in the IT-led cities Hyderabad, Bengaluru and Pune saw the highest surge in average prices
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
NRIs widen investments into commercial, rental properties as Indian real sector shows take off signs
NRIs are also now increasingly opting for under-construction projects by leading developers, contrary to the earlier trend of NRI demand for ready-to-move-in properties
Dubai real estate soars to highest transaction volumes ever recorded in the first four months of the year
Despite higher financing costs and high rates of inflation, activity in Dubai’s residential market continues to remain at historic highs, experts said
Non-resident Indians look to buy luxury properties in home country post-pandemic
More non-resident Indians are buying homes for their own use, rather than as an investment, which is widely seen as a reflection of the ‘work from home’ trend and persisting concerns on the job front
Rupee slide encourages Gulf-based NRIs to invest in Indian real estate
Many of the residential realty developers in India are either offering price discounts or other incentives
NRIs returning to invest to Indian property market
Bangalore is the favourite investment destination for NRIs
Bahrain’s Investcorp Bank sees sweet spot in Indian property crunch
Investcorp Bank, which manages about $23bn of assets, plans to provide structured lending to developers faced with borrowing constraints