NAREDCO Maharashtra and 1 Finance Shed Light on Greater Mumbai’s Real Estate Market
A joint report by NAREDCO Maharashtra and 1 Finance reveals high property prices and low affordability in Greater Mumbai's real estate market, underscoring the need for regulatory reforms and collaborative efforts to address the challenges.
Real EstateGreater MumbaiNaredco1 FinanceAffordabilityReal Estate NewsNov 18, 2024
The event was attended by prominent industry leaders, including Dr. Niranjan Hiranandani, Chairman of NAREDCO National; Mr. Rajan Bandelkar, Vice-Chairman of NAREDCO National; Mr. Prashant Sharma, President of NAREDCO Maharashtra; Mr. Ridham Gada, President of NAREDCO Maharashtra NextGen; and Mr. Rajesh Doshi, Secretary of NAREDCO Maharashtra, among other key figures.
The research报告强调了印度住宅房地产业在过去十年间经历了显著变化，这些变化主要由经济转变、监管改革和消费者偏好的演变所驱动。这些变化构成了当前市场动态和挑战的基础，尤其是在孟买和其他主要大都市地区。
报告的关键 insights 揭示，孟买每平方英尺的平均价格为32,150印度卢比，该地区29%的房屋售价超过200万卢比。此外，与印度其他主要城市相比，孟买中上阶层的住房负担能力最低，突显了在这个竞争激烈的房地产市场中购房者的挑战。
虽然孟买房地产市场的挑战显而易见，但从更广的角度考虑房地产投资是非常重要的。房地产投资相比其他传统投资方式，如股票、债务和黄金，一直提供了具有竞争力的回报。过去十年，包括租金收益在内的房地产平均回报率为12%，与黄金持平，而债务的平均回报率为7%。此外，房地产投资提供了独特的收益和安全平衡，使其成为理想的多元化投资选择。
对于潜在的孟买购房者，关键在于进行彻底的研究，保持长期投资视角，并了解当地市场动态。通过关注高潜力的微市场、利用房地产的固有优势并与知名开发商合作，购房者可以在孟买购房的同时，为自己在这个稳定且多面的投资选项中受益。
基于过去10年的数据（截至2024年6月30日），相关数据显示了房地产与其他资产类别的对比。房地产与股票（0.12）和债务（0.22）有较低的正相关性，表明其表现与这些市场的波动不太相关。它与黄金（-0.15）有负相关性，表明房地产和黄金往往朝相反方向移动。相比之下，股票和债务有较低的正相关性（0.16），而黄金与其他所有资产类别的相关性最小。这些相关性突显了房地产作为资产类别与传统投资如股票、债务和黄金相比的独特行为。
NAREDCO Maharashtra的总裁Prashant Sharma先生评论报告发布时表示：“报告为监管改革提供了强有力的依据，包括合理化溢价和简化审批流程。要取得成功，我们需要公私部门的紧密合作。NAREDCO Maharashtra致力于与政府机构、金融机构和其他利益相关者密切合作，创建一个更高效和包容的房地产生态系统。我们的重点仍然在于推动‘全民住房’和‘负担得起的住房’倡议。”
1 Finance的联合创始人兼首席执行官Keval Bhanushali先生分享了他的观点：“我们自豪地推出了印度首个无偏见的顶级城市房地产价格指数。在1 Finance，我们相信房地产咨询应该是印度财务规划框架的标准部分。我们的使命是将房地产提升到与传统投资选项相等的地位。这份报告标志着朝着实现这一目标迈出的重要一步，提供了对市场的全面分析，将对房主、开发商和政策制定者都有极大价值。”
NAREDCO NextGen Maharashtra的总裁Ridham Gada先生评论道：“这项研究突显了孟买房地产市场面临的紧迫负担能力挑战。要解决这些问题，我们需要开发商、政策制定者和金融机构之间的协作。NAREDCO Maharashtra NextGen致力于推动创新，支持监管改革，并倡导负担得起的住房，以确保孟买作为一个蓬勃发展的全球大都市，为所有人提供可及的住房。”
孟买的负担能力问题，主要由高房价驱动，与政府政策和溢价密切相关。虽然这些政策旨在规范发展并资助城市基础设施，但在孟买的背景下，它们已成为一把双刃剑。负担能力危机不仅推高了房价，还导致公寓面积显著减少，对城市生活品质产生了严重影响。
实现孟买更加负担得起和可持续的房地产市场的道路是明确的。这需要公私部门的果断行动、合作和对长期城市规划的承诺。通过解决这些关键问题，孟买不仅可以克服其住房挑战，还可以加强其作为印度首要大都市的地位，并为全国的城市发展树立标准。
总之，报告强调了房地产作为稳定投资的重要性，提供了显著的回报。要克服孟买的负担能力挑战，开发商、政策制定者和金融机构之间的合作至关重要。通过促进创新和监管改革，孟买可以增强住房的可及性，并巩固其作为印度领先大都市的地位。
Frequently Asked Questions
What is the average price per square foot in Greater Mumbai's real estate market?
The average price per square foot (PSF) in Greater Mumbai is INR 32,150.
What percentage of homes in Greater Mumbai are priced above INR 2 crores?
29% of homes sold in Greater Mumbai are priced above INR 2 crores.
Why is Greater Mumbai's real estate market facing affordability issues?
The affordability issues in Greater Mumbai are driven by high property prices, which are influenced by government policies and premiums. These policies, while intended to regulate development and fund urban infrastructure, have become a double-edged sword, leading to inflated property prices and smaller apartment sizes.
What are the key recommendations of the report for improving the real estate market in Greater Mumbai?
The report recommends regulatory reforms, including the rationalization of premiums and streamlining of approval processes. It also calls for strong collaboration between the public and private sectors and a commitment to long-term urban planning.
What is the mission of 1 Finance in the context of real estate investment?
1 Finance aims to elevate real estate to its rightful place as a legitimate investment class, alongside other traditional options. They believe that real estate advisory should be a standard part of India's financial planning framework and are committed to providing unbiased real estate price indices for top cities.
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