Construction Week India’s Post

#Chennai Real Estate Market Growth and Challenges Chennai’s #realestate landscape for the second quarter of 2024 presents a complex picture, according to the latest #ResearchandAnalysis Wing report from Credai Chennai Read More On: https://lnkd.in/eX7FR2eK

Here's a note on the present HYDERABAD Real Estate Market. Hyderabad's residential property market in 2024 saw a 15% increase in property registrations and a 40% surge in transaction value, driven by demand for premium homes. Knight Frank's report revealed 26,027 properties registered, totaling Rs 16,190 crore. So , do not believe the media who are blaming the real estate of Hyderabad. Hyderabad is not stagnant, it's growing. UPS & DOWNS are so common. That doesn't mean it's collapsing.

Mumbai Region's housing boom defies rising property prices: ANAROCK A new research by ANAROCK property consultants has shown that the residential real estate market in the Mumbai Metropolitan Region (MMR) has witnessed a surge in home buying activity in recent times. A strong economic outlook, rapid infrastructure development, FOMO and a wide range of options in a widely evolving market are fuelling MMR's Housing Boom. #realestate #property #realestatedevelopers #realestateagents #therealtynews #housing #residential #demand #growth #newlaunches #data #report #anarock #price #infrastructure #luxuryhomes #sales ANAROCK https://lnkd.in/giViRg4P

Hyderabad real estate market is strong, says Credai Real estate developers on Friday said that the Hyderabad real estate market would continue to flourish owing to a series of development initiatives taken by Chief Minister A. Revanth Reddy-led Congress government. Members of Credai said that they had urged the government to delay the process of revision of the market value of land, commonly known as government rate, and urged the government to give concessions to women on property registration charges. #realestate #property #realestatedevelopers #realestateagents #therealtynews #homebuyers #investors #investments #data #report #demand #growth #newlaunches #projects #markets #hnwis #nris #credai #infrastructure CREDAI_Hyd CREDAI MCHI https://lnkd.in/g7jZfHQV

Mumbai and Delhi record real estate price appreciation in double-digit, ranked 3rd and 5th globally According to Knight Frank, Mumbai and New Delhi saw a sharp annual increase in real estate prices in Q1 2024. In Bengaluru, average real estate prices rose 4.8% for prime residential homes in January-March 2024. Mumbai recorded the 3rd highest year-on-year growth in prime residential prices in Q1-2024, moving up from 6th position in Q1-2023. Delhi NCR rose from 17th in Q1-2023 to 5th in Q1-2024 with a 10.5% yearly growth. However, Bengaluru fell from 16th to 17th in Q1-2024, despite a 4.8% increase in residential prices. India's main cities, New Delhi and Mumbai, saw a house price surge due to 8% GDP growth in 2023-24. Manila topped the ranking with a 26.2% price rise, driven by purchasing power and infrastructure investments. Tokyo ranked 2nd with 12.5% growth due to internal migration despite Japan's population decline. Shishir Baijal of Knight Frank India noted strong residential demand globally, especially in Asia-Pacific and EMEA regions. Mumbai and New Delhi's improved rankings highlight sales growth resilience, expected to remain stable. The Prime Global Cities Index tracks prime residential prices in 44 cities globally in local currency.

Registrations Rise in Hyderabad Real Estate Market, Unaffected by HYDRA Demolition Efforts In October alone, 87,785 applications were received for residential property registrations, with 794 applications for commercial properties. Despite initial concerns, the first two days of November saw 3,754 new residential applications and 33 for commercial properties, indicating continued strong interest. Hyderabad: The Registration and Stamps Department in Hyderabad has seen a surge in registrations for residential and commercial properties over the past few months, unaffected by the demolition drive initiated by the State government through HYDRA. In October alone, 87,785 applications were received for residential property registrations, with 794 applications for commercial properties. Despite initial concerns, the first two days of November saw 3,754 new residential applications and 33 for commercial properties, indicating continued strong interest. The trend began in July, when residential and commercial registration applications stood at 23,507 and 190, respectively. This grew significantly in August, reaching 41,704 residential and 416 commercial registrations. By September, these numbers had risen to 80,091 for residential and 737 for commercial properties. Revenue generation has been similarly strong. By the end of September, the department recorded ₹7,251 crore in revenue, representing 39.78% of the targeted 18,228 crore for the fiscal year. Despite a slower start, this marks a 3% increase over the 7,006 crore recorded in the first half of the previous fiscal year. Initially, there were concerns about a significant drop in registrations due to the demolition drive, but sources reveal that the department is receiving substantial applications. The government’s efforts to guide buyers towards stable investment areas and the anticipation of an impending hike in land values have encouraged buyers to expedite transactions. With more major announcements expected soon, officials are optimistic that registration numbers will continue to climb in the coming months. https://lnkd.in/g7nttda2 #Hyderabad #RealEstate #HousingMarket #India #Telangana

🚀 The Delhi-NCR property market is witnessing a remarkable 57% price surge, driven by increasing demand for upscale properties. As highlighted in the 'Real Insight Residential: July-September 2024' report, this trend signals a vibrant future for real estate in our region. Let’s stay ahead of the curve! Click to read: https://lnkd.in/gRZh2N6q #RealEstate #DelhiNCR #MarketInsights #LinkedInUpdate #FutureGrowth #InvestmentOpportunities #DelhiRealEstate #RajdarbarGroup

What do the URA and HDB 2024 Q1 Reports tell us about the real estate market? The non-landed private residential #priceindex rose by 1.0% to 196.1 and HDB #resale price index rose by 1.7% to 183.7, both showing signs of slowing down. #Rental price index also shows signs of slowing. Overall, the real estate market is #coolingdown. Personally, I think it is due to upcoming new launches as well as the incoming supply of recent TOP units. Buyers are not adopting a "wait-and-see" approach. What do you think? Leave your comments below! https://lnkd.in/g2ANyZFV

Good insight into the the future of Mumbai real estate https://lnkd.in/ddapPkvG