Deepak Varma’s Post

The residential real estate market in Hyderabad is the second most expensive in India after Mumbai, with an EMI-to-income ratio of 30 per cent, according to Knight Frank India. Affordability has remained stable since 2022, with no change in the ratio. From 2010 to 2021, affordability improved but saw a slight increase in 2022, remaining constant since then. Shishir Baijal of Knight Frank India highlighted that stable affordability is crucial for sustaining homebuyer demand and economic growth. Rising incomes and economic strength boost financial confidence, encouraging long-term investments in real estate. Many NRIs, particularly from the US, Canada, the Gulf, and Europe, prefer buying homes in Hyderabad. Despite better returns from stocks and mutual funds, NRIs are inclined to invest in real estate in top cities like Hyderabad, Bengaluru, and Delhi-NCR, partly due to their experiences during COVID-19, which led many to return to India. This consistent demand from NRIs supports the real estate market in Hyderabad and other major cities, indicating a strong connection between their financial security and investment choices in Indian real estate. As economic conditions improve, the market is expected to maintain its momentum, driven by both local and international buyers. #propbuynsell #realestate #hyderabadrealestate #realestatenews #residentialmarket

"Hyderabad's residential real estate market surged in early 2024, with rising property registrations reflecting strong market dynamics and growing demand for larger, high-value homes, per Knight Frank India's analysis. Explore growth factors and strategies for stakeholders." For more information, Follow the link: https://lnkd.in/gnssH5wG #therealtytoday #TRT #therealtytodaynews #therealtytodayupdates #HyderabadRealEstate #MarketSurge #PropertyBoom #KnightFrankIndia #LargerHomes #HighValueProperties #RealEstateGrowth #MarketDynamics #InvestmentOpportunities #RealEstateInsights #InfrastructureDevelopment #India #MarketExpansion #PropertyInvestment #RealEstateTrends #RealEstateDevelopment #realtorsofinstagram #realestateexperts #realestateagency #realestatetips #realestatephotographer #newsupdates #PropertyDevelopment #RealEstateIndia

Mumbai recorded the third highest year-on-year (YoY) growth in prime residential prices in Q1 2024, pushing it up the ranking table by 3 places to 3rd position from its 6th position in Q1 2023. India’s main cities, notably #Mumbai, have witnessed a surge in house prices driven by robust economic growth, as indicated by the findings, with annual GDP growth exceeding 8%. #sales #property #realestate #investor #nri

Shishir Baijal, Knight Frank India: “Like its peers in these regions, the improved rankings of Mumbai and New Delhi on the Prime Global Cities Index was underscored by the resilience in sales growth volume. We expect the momentum of sales to remain stable over the next few quarters as the economic conditions are likely to remain broadly unchanged.” Mumbai third in housing price rise among 44 in Q1 New Delhi rose from seventeenth position to fifth in with a growth of 10.5% y-oy, according to the Prime Global Cities Index Q1 2024 of Knight Frank. https://lnkd.in/dBq9iaSV #housing #values #mumbai #newdelhi #knightfrank #survey #realestate #inflation #india

When demand outstrips supply, prices skyrocket. With Mumbai's limited land supply, this principle holds true. So yes, property investment in Mumbai is a prudent decision due to its robust economy, job opportunities, high demand, and potential for higher returns on investment. #happyinvesting #mumbairealestate

Total unsold inventory in Bengaluru at 70,147 in H1 2024 According to a July report by JLL Research, Bengaluru emerged as the premier residential real estate market across India with 18,548 housing units sold and 16,537 homes launched during the April-June period of the ongoing calendar year. Bengaluru Real-Estate 🏠 https://lnkd.in/gBs8fGB8 #bengaluru #realestate #india

Hyderabad Housing Prices Surge 80%! Hyderabad’s real estate market has seen an 80% rise in housing prices over the past four years, echoing trends across India. With affordability challenges increasing, experts predict a potential market stabilization as new supply hits the market.  Planning to buy a home? Stay updated on the latest trends! #HyderabadRealEstate #HousingPrices #PropertyMarket #RealEstateTrends #HomeBuying #Affordability #IndiaHousing #MarketUpdate #RealEstateNews #rera #rera news

#realestate 𝗶𝗻 𝗛𝘆𝗱𝗲𝗿𝗮𝗯𝗮𝗱: 𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝗮𝗯𝗼𝘃𝗲 𝟭 𝗰𝗿𝗼𝗿𝗲 𝗮 𝗻𝗲𝘄 𝗻𝗼𝗿𝗺𝗮𝗹 #hyderabad: A report has highlighted a significant shift in real estate market in Hyderabad with an increase in high-value property transactions, particularly those valued at Rs 1 crore and above. Acording to the report, titled “Real Insight #residential – January-March 2024, approximately 14,290 housing units were sold in Hyderabad between January and March 2024. Of these, 61 percent were priced over Rs 1 crore. Apart from trends in real estate in Hyderabad, the report highlighted the strong momentum in India’s housing market, with residential #sales rising by 30 percent in the first quarter of 2024 across the top eight cities. It also noted a remarkable 41 percent year-on-year increase in residential sales. A news report in The Pioneer quoted the group CFO of PropTiger.com Vikas Wadhawan, saying that “the escalating demand for premium #properties in Q1 2024 underscores the resilience of India’s real estate market. With rising costs of land, inputs, and construction, the once-luxurious threshold of Rs 1 crore in major cities is becoming increasingly common. Aspirations are evolving, with #homebuyers seeking residences equipped with modern amenities and spacious layouts. This shift towards larger, amenity-rich homes contributes to the uptrend in property prices.” Despite fluctuations in various price segments, the overall trend indicates promising #opportunities for investors. The market is clearly moving towards a positive trajectory, driven by the evolving preferences of discerning buyers. 𝗣𝗢𝗩- The Hyderabad real estate market is evolving, with a clear trend towards high-value, premium properties. This shift is driven by changing buyer preferences and rising costs. Both #buyers and investors have significant opportunities in this market, provided they stay informed and make strategic decisions.

Shishir Baijal, chairman and MD, Knight Frank India, said, “Pune’s real estate market continues to demonstrate growth, buoyed by a strong desire for homeownership, an attractive affordability level, and a supportive business environment in the city. January 2024 saw a robust 46% year-over-year increase in registrations, signalling a promising start to the year. The rising preference for larger properties reflects the dynamic nature of Pune’s real estate market. Additionally, the incremental growth in the category of properties priced higher than Rs 1 Crore also serves as a fine indicator of the city’s economic fundamentals, enabling buyers to make longer-term financial commitments and expose themselves to high-value investments. With ongoing infrastructure improvements and economic growth, Pune’s residential market is consolidating its strong foundation, laying the groundwork for a thriving real estate sector.” Ref: News18.com #puneproperty #punerealestate #WPHrealestateconsultants #realestate