Browsing Tag
real estate trends
44 posts
Rents Surge 7.4% QoQ Across Major Cities, Rental Yields Increase to 3.62%
Rental prices in major cities across India saw a significant increase of 7.4% quarter-on-quarter (QoQ) between July and September 2024, marking the highest rise in two years. Chennai, Delhi, and Thane led the charge, with sharp rent hikes driven by high demand and limited supply. Meanwhile, rental yields averaged 3.62%, with Ahmedabad recording the highest yield. The report highlights a growing imbalance between rental demand and supply, which is expected to continue influencing prices in the coming quarters.
29% of Homes Sold in Greater Mumbai Priced Above ₹2 Crore
A recent report revealed that 29% of homes sold in Greater Mumbai are priced above ₹2 crore, highlighting the city’s escalating affordability issues. The research, unveiled at the Excelerate 3.0 event, sheds light on the rising challenges in Mumbai’s real estate market, with key insights on pricing trends, transaction volumes, and inventory levels, while emphasizing the need for regulatory reforms and collaboration to address housing affordability.
Lifestyle Amenities Redefine Luxury in Delhi-NCR’s Real Estate Market
The concept of luxury in real estate has shifted in Delhi-NCR, with developers focusing on creating homes that offer a complete lifestyle experience. With an emphasis on wellness, sustainability, and community engagement, luxury housing now includes amenities like fitness centers, eco-friendly building materials, and smart-home technologies to cater to the evolving needs of modern homebuyers.
Lead-to-Buy Conversion Time for Indian Housing Drops to 26 Days in H1 FY25, Reflecting Strong Demand
The latest ANAROCK data reveals a significant drop in the lead-to-buy conversion time for Indian homes, now standing at just 26 days in H1 FY25, down from 33 days in FY21. Ultra-luxury homes, priced above INR 3 Cr, are seeing the quickest decisions, while mid-range homes continue to see slightly longer conversion times due to rising property prices. The trend reflects both strong demand and growing buyer confidence in reputable developers.
