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.

Residential Demand Rises 12.3% QoQ with 8.3% Capital Appreciation

The latest PropIndex Report from Magicbricks highlights a notable 12.3% increase in residential demand and an 8.3% rise in prices from July to September 2024. Noida, Gurugram, and Greater Noida have seen the most significant price increases, indicating a robust market driven by both homeownership and investment interest.

Indian Residential Sector Spearheads Influx of Realty Investments with USD 693 Million in Q1 2024

Q1 2024 witnesses total real estate investment inflow of USD 1.1 billion,…

Key Locations in Top Cities See Up To 33% Avg. Residential Price Hikes in 3 Years

At 33%, Hyderabad’s Gachibowli records the highest avg. price jump among key…

Residential demand increased 7.8% YoY

Residential demand increased 7.8% YoY and 10.4% QoQ, reports Magicbricks’ PropIndex (April – June 2023)…