Property prices continue to rise across top 8 cities: Report
Property prices in India’s 8 prime residential markets firmed up further in the past one year amid a spike in the cost of construction, according to the data by online property brokerage firm PropTiger.com. Average property prices in most cities analysed experienced double-digit growth in the third quarter of 2024 (Q3CY2024) compared to the same…
READ MOREAverage rents in top six office markets breach pre-pandemic levels for first time in 2024
India’s office real estate market could see record rental growth by the end of 2024, with the country’s top six cities recording rental increases of up to nearly 10%, data provided by Colliers India showed.Demand in the country’s office market has been robust and consistent this year, resulting in average rentals exceeding the pre-pandemic levels…
READ MOREIndia sees 65% surge in land deals, led by major cities: Report
The Indian real estate market has seen a resurgence, resulting in heightened interest from property developers in acquiring land parcels, with a 65% year-on-year increase in land transaction volumes until September this year. The residential segment has led the demand.In the nine months, more than 1,700 acres of land were transacted in metropolitan and peripheral…
READ MORELuxury home sales peaks with 37.8% growth between Jan-Sep 2024
India’s high-end real estate sector, particularly residential properties valued at Rs 4 crore and above, saw a robust 37.8% year-on-year sales surge from January to September 2024, as per a report by a top real estate consultancy firm.Property consultancy firm CBRE said luxury unit sales reached 12,625 in the first nine months of 2024, up…
READ MORE
Signature Global net debt up 4% in Q2 to Rs 1,020 cr; looks to tap strong housing demand
Realty firm Signature Global’s net debt rose by 4 per cent in September quarter to Rs 1,020 crore as it looks to expand business amid strong consumer demand for housing properties. The company’s net debt stood at Rs 980 crore at the end of June quarter FY25. Earlier this week, Signature Global reported that it…
READ MORETop 8 housing markets see 5 pc annual sales dip in September quarter; demand up only in Delhi-NCR: PropTiger
Housing sales declined 5 per cent in the July-September quarter across the top eight cities due to a fall in new supply and sharp appreciation in prices, according to PropTiger.Real estate brokerage platform PropTiger.com, which is part of Australia’s REA group that owns Housing.com, on Tuesday, released its report ‘Real Insight’ on India’s residential market.A…
READ MOREHousing sales rise 5% to 87,108 units across top 8 cities in Jul-Sep: Knight Frank
Housing sales rose 5 per cent annually during July-September to 87,108 units in eight major cities as demand stayed strong for premium homes, according to Knight Frank India. Real estate consultant Knight Frank India on Thursday released its report ‘India Real Estate’ for the third quarter of 2024 calendar year through a webinar, showing a…
READ MOREHousing sales may decline 18% in September Quarter
New Delhi: Housing sales are estimated to decline 18% during July-September quarter across nine major cities to 1,04,393 units on high base, according to PropEquity data. Real estate data analytic firm PropEquity on Friday released the data for housing sales across nine major cities.Sales stood at 1,26,848 units in the same period last year.As per…
READ MOREEngineering, manufacturing and BFSI occupiers to account for 40% of office demand during 2025-27
India’s office space demand is increasing steadily, driven by a diversifying landscape of occupiers from various sectors like technology, engineering & manufacturing, BFSI, healthcare, consulting, and flexible workspaces as opposed to traditional dominance of the technology sector Over the next three years (2025-27), engineering & manufacturing and BFSI occupiers are expected to lease about 11-12…
READ MOREIndia’s office market sees shift as domestic firms eye 65 million sq ft between 2024-2025
The Indian office market is experiencing a notable shift, with domestic companies projected to lease 60-65 million square feet of office space between 2024-2025, a significant departure from the historical dominance of global corporations, particularly those from the United StatesDuring 2022-2023, domestic firms witnessed a significant 60% increase in office space absorption compared to the…
READ MORE