Search Results: NCR (2578)

Reports House Price Appreciation, Property Appreciation, House Price Index, Property Prices in India, CREDAI, Liases Foras, Colliers India, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News

Has housing price across India surged in the last two years?

Has housing price surged across India in the last two years? A report says it has surged 20% from 2021 to 2023, led by significant growth in demand. As per the Housing Price Tracker Report by CREDAI – Colliers – Liases Foras major cities like Bengaluru, Delhi NCR and Kolkata witnessed about 30% rise in housing prices in two years. Unsold inventory in Delhi NCR dropped the highest during 2021-2023 period, at 19%, followed by Chennai and Pune. Housing prices across top eight cities in India increased 9% YoY in 2023. Track2Realty reports.  

Advocacy

Labour shortage a perennial problem of Indian real estate

Ram Kirpal is a construction worker in Noida. However, this daily wage earner is not a regular employee or even contractual worker with any real estate company or contractor. He goes back to his native place, Purnea in Bihar, on each harvest season and agriculture continues to be his main occupation. He works on construction sites in Noida only when there is no agricultural work back home. He is part of the bigger problem that the Indian real estate faces – labour shortage! A Track2Realty report.

Policy Fractional Ownership, Commercial Property, SEBI Guidelines on Fractional Ownership, India Real Estate News, Indian Realty News, Indian Property Market News, Real Estate News India, YOURS, Shravan Gupta, Arun Vir Singh, G Hari Babu, NAREDCO

Long road ahead for success story of fractional ownership

Ever since the Securities and Exchange Board of India (SEBI) has cleared the fractional ownership framework for realty assets, there is an euphoria among the stakeholders. The built environment of Indian real estate that is always looking for new and exciting avenues to attract the investors. It has hence carried home the message that the “Next Big” investment basket has arrived. A Track2Realty report.

Beyond Headlines Financial Results, Puravankara Limited, Ashish Puravankara, Bengaluru Property Market, India's Best Realty Brands, Quarterly Results, Financial Results

Puravankara to pay total interim dividend payout of INR 149 crores to shareholders

Puravankara Limited, 5th Best Indian real estate brand (as per Track2Realty BrandXReport 2022-23), has announced an interim dividend payout of INR 6.30 per share for the financial year 2023-24 on 23,71,49,686 equity shares of face value of INR 5 each with a total dividend payout of INR 149.40 crores. The dividend will be paid to those shareholders whose names stand on the Register of Members of the Company as of February 1, 2024.

Market Rating

Ayodhya emerges as a property hotspot

The holy river Saryu flows quietly; unmindful of the fact that on its bank, Ayodhya is fast emerging as the epicenter of economic growth and global tourism hub. The property landscape of the sleepy city till recently has made a giant stride in the last three years. Envisaged as a spiritual center and tourism hub, Ayodhya is also attracting big ticket economic corridors. A Track2Realty report.

Headlines Festivals, Festival Buying, Property Festival Sales, Festival Property Buying, Property Sales Offers, Indian Real Estate News, Indian Realty News, Indian Property Market

Optimism on the surface this festive season eve

Indian real estate has historically been very optimistic on the eve of every festive season. The post festive season sales number may not back the pre-festive bullishness, but the sector has been known to be hoping to make merry year after year. After all, real estate is a sentiment driven business and the stakeholders try best to create an ambience of positivity to bring the fence sitting buyers back to the market, often with festive discounts and freebies.

Consumer Connect Unsold Housing, Housing Demand & Supply, Housing Inventory, Indian Housing Market, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market

Unsold inventory symptoms & not the cause of housing market malaise

Isn’t it ironic that in a country where housing shortage is at the core of policy debates, housing surplus in top Indian cities is juxtaposed to that. As a matter of fact, the reality of unsold housing units poses an even greater degree of imbalance than the housing shortage. But then unsold inventory is a symptom and not the cause of malaise in the housing market of the country. A Track2Realty report.  

Beyond Headlines Ashish R Puravankara, Puravankara Ltd, Puravankara Projects, Bangalore real estate market, Provident Housing, India real estate news, Indian realty news, Indian property market news, Real estate news India, Track2Realty

Puravankara’s strong performance in H1FY24 records INR 2,725 crores in sale value, up by 109%

The Indian economy grew at 7.8 per cent in the first quarter of the current fiscal year, according to the data shared by National Statistical Office. The Reserve Bank of India (RBI) retained its GDP growth forecast of 6.5 per cent for FY 2023-24. The real estate sector is expected to expand to $5.8 trillion by 2047, contributing 15.5 per cent to the GDP from an existing share of 7.3 per cent, a joint report by Knight Frank and National Real Estate Development Council (NAREDCO) indicates.

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