The latest data from PropEquity reveals a 4% decline in affordable housing sales in India's top eight cities, including Delhi-NCR, Mumbai, Bengaluru, and more. Find out what's driving this shift.
Affordable HousingLuxury ApartmentsReal EstatePropequityIndian Real Estate MarketReal Estate MumbaiJun 16, 2024
A 4% decline in affordable housing sales in India's top eight cities, including Delhi-NCR, Mumbai, Bengaluru, and more.
A lower supply of affordable homes, as builders focus on launching luxury apartments to capitalize on the growing demand for premium residential properties.
Only MMR and Kolkata have witnessed an increase in affordable housing sales.
A 37% growth in total income to Rs 44.17 crore last fiscal from Rs 32.3 crore in 2022-23.
Over 1,73,000 projects of 57,500 developers across 44 cities in India on a real-time basis.
BIMSTEC, a regional organization, aims to foster economic growth, improve connectivity, and enhance regional cooperation. What are the challenges and opportunities ahead?
The Bombay High Court has imposed a cost of ₹1.5 lakh on the Maharashtra Housing and Area Development Authority (MHADA) and the Solapur Municipal Corporation for retaining land without proper acquisition for 37 years. The bench emphasized the importance o
Bollywood actor Saif Ali Khan was attacked and stabbed multiple times at his Bandra apartment. Vijay Das, a restaurant waiter, was arrested by the Mumbai Police in Thane.
Over 130 homebuyers of the Vertillas project in Kharadi, Pune, have taken to the streets to protest against the builder for the significant delay in construction, despite collecting up to 90% of the property value by January 2024.
Puravankara, a leading real estate developer, is set to achieve aggressive growth in the residential and commercial segments, particularly in Pune. The company aims to strengthen its presence in India's major cities.
The Raj Bhavan has approved the land transfer for the construction of Pune Metro Line 3, which includes the creation of a staircase for Pune University. This move is expected to accelerate the development and connectivity in the city.