Residential sales across top seven cities slipped 8% quarter-on-quarter in Q1-FY25, but analysts suggest long-term prospects remain strong
Real Estate StocksIndian Real EstateHousing SalesHdfc SecuritiesInvestment StrategyReal Estate PuneJul 03, 2024
Residential sales across top seven cities in India slipped 8% quarter-on-quarter in Q1-FY25.
Analysts suggest that investors should book partial profits in real estate stocks and maintain a long-term perspective.
The Indian real estate sector is driven by factors such as urbanization, improving economy, and increasing demand for housing.
The Indian real estate sector faces challenges such as high interest rates, regulatory issues, and supply-demand mismatch.
Analysts believe that the long-term prospects of real estate stocks remain strong, driven by the growing demand for housing and infrastructure development in the country.
Mumbai's property market is thriving, with registrations increasing by 11% in June 2024, driven by growing demand for larger apartments.
Indian textile giant, Raymond Limited, announces a strategic demerger of its real estate business, paving the way for a new era of growth and development.
In a move to simplify tax calculations, the government has introduced an option for taxpayers to compute capital gains tax on real estate transactions. This change is expected to benefit property sellers and reduce disputes over tax liabilities.
Mumbai: Maharashtra Chief Minister Eknath Shinde announced that the last rites of industrialist Ratan Tata will be performed with full state honors. Tata, who passed away at the age of 86, was a renowned figure in Indian industry and a symbol of integrity
The Se Old Goa Village Panchayat has conducted inspections of two structures at Ella as per the directives of the Tiswadi Block Development Officer (BDO). This follows an appeal filed by M/s Sweta Real Estate Private Limited regarding house numbers and pe
The recent election in Maharashtra has raised concerns about the state's capital expenditure (capex) plans, particularly in the infrastructure and real estate sectors. Lofty welfare promises could lead to a fiscal deficit, impacting key industries.