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WEBHomebuyers of Amrapali Dream Valley Enchante finally receive keys to their flats after a decade-long wait. NBCC, assigned by the Supreme Court in 2019, handed over 51 apartments, with 800 more to be completed soon. Buyers faced financial and emotional struggles due to construction delays and bankruptcy of the original developer.
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WEBGerman's property market sees 5% rise in first nine months of 2024. Turnover of investment properties from January through September stood at 23.4 billion euros ($25.66 billion), a 5% increase from the previous year, a sign of bottoming out after a two-year implosion in the market as the nation went through its worst real-estate crisis in decades.
Outlook stable for real estate this fiscal - ET RealEstate
WEB2 days ago · The outlook on the sector remains stable this fiscal, too, with recent trends expected to continue. The residential real estate sector saw a robust 15-17% demand growth in fiscal 2024 across top 7 cities in India. The growth was driven by continued homebuyer confidence, supported by steady per capita income growth, well-paced infrastructure ...
Real Estate News | Latest Realty & Real Estate Industry …
WEBDelhi: DDA extends final payment deadline for Dwarka flats to October 31. The authority stated that the decision was taken after considering buyers' requests for more time to manage their finances and the ongoing finishing work in the flats. Find the latest real estate news, views and updates from all top sources for the Indian Realty industry.
The real estate outlook: What to expect in 2024 - ETRealty.com
WEBUpdated On Jan 7, 2024 at 02:54 PM IST. The Indian real estate (RE) continued its buoyant run in 2023, driven by prevailing optimism among consumers and developers. The market size—currently valued at USD 265.18 billion—is up by about 32 per cent since 2021, showcasing strong growth trends fuelled by economic stability and investor confidence.
What real estate industry gained from Budget 2024-25
WEBJul 23, 2024 · NEW DELHI: Nirmala Sitharaman, minister of finance, presented the union budget 2024-2025 in Lok Sabha on July 23, 2024. Presenting her seventh straight budget, Sitharaman said, India’s inflation continues to be low, stable and moving towards the 4 per cent target. Core inflation (non-food, non-fuel) currently is 3.1 per cent.
Institutional investments in real estate rise 45% to $1.15 billion in ...
WEBOct 3, 2024 · Representative image NEW DELHI: Institutional investments in real estate grew 45 per cent to nearly USD 1.15 billion in July-September with investors looking to encash the strong demand for premium homes and offices, according to Colliers.Consultant Colliers India data showed that the institutional investments in real estate during July-September stood at USD 1,148.7 million as against USD 793 ...
Indian real estate: The transformative journey in 2024 and ahead
WEBDec 28, 2023 · The residential real estate market has been mounting a recovery in 2023 and has tremendously added to India’s growth story. The industry is thus strong, with an expected 15–25% spike in new property launches in 2024. There should be about a 10-15% improvement in sales, which is vital for the real estate market as we advance.
Real estate market to touch $1 trillion by 2030: Housing secretary
WEBJul 21, 2021 · NEW DELHI: The Indian real estate market is estimated to touch USD 1 trillion by 2030 driven by rising demand and various reforms in the past seven years like new realty law RERA, Housing and Urban Affairs Secretary Durga Shanker Mishra said on Wednesday. The number of people employed in the sector is also expected to rise to 7 crore in coming years, from 5.5 crore in 2019, he said while ...
Delhi-NCR's real estate market received PE investment worth …
WEBAug 16, 2024 · Somy Thomas, Managing Director, Valuation & Advisory and Capital Markets, Cushman & Wakefield, said, "USD 3.9 billion of private equity inflows during the first half of 2024, already surpassing 70 per cent of last year's total, highlights the remarkable growth and investor confidence in India's real estate market." This surge is primarily driven by infrastructure-related sectors like logistics ...