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Pune

53 posts
MahaRERA

MahaRERA Recovers ₹200.23 Crore as Compensation for Homebuyers

MahaRERA has recovered Rs 200.23 crore in compensation for homebuyers, enhancing recovery efforts with the appointment of retired Tahsildars in Mumbai suburban and Pune. The authority is working to ensure developers meet compensation orders for delayed or incomplete real estate projects.
Real Estate

India’s Residential Market Set for Improved Affordability in 2025, Driven by Interest Rate Cuts

JLL’s Home Purchase Affordability Index forecasts improved affordability across India’s key residential markets by 2025, driven by a projected interest rate cut. Mumbai and Pune are nearing optimal affordability, while Kolkata will maintain its position as the most affordable market. Residential sales are set to hit record levels in 2024 and 2025, driven by rising household incomes and a potential decline in interest rates.
MahaRERA

MahaRERA Invites Objections to De-Registration of Macrotech and Raheja Projects Along with 17 Others

MahaRERA has issued a notice inviting objections to the de-registration of 19 real estate projects, including prominent developments by Macrotech Developers and K Raheja Corp. Stakeholders are encouraged to submit objections by 12th December 2024, ensuring transparency in the real estate sector.
housing

Housing Sales Dip 11% Year-on-Year in Top 7 Cities; New Launches Fall Below 1 Lakh Units

In Q3 2024, India’s residential real estate market saw an 11% decline in housing sales across the top seven cities, totaling approximately 107,060 units. While new supply fell below 1 lakh for the first time since Q1 2023, strong demand continues to drive residential prices up by 23% year-on-year, indicating a stabilizing market following a two-year bull run.
Rental housing

Rent vs. Buy: Analysis of Residential Trends in India’s Top 7 Cities

The debate between renting and buying homes in urban India is heating up, with recent ANAROCK Research showing that rental values have surged in several cities, outpacing capital appreciation. As more residents evaluate their housing options, key micro-markets reveal significant trends that could influence individual decisions.