Home Sales

Sale of residential property in Mumbai touches a five-year high in 2022

Most of the home buyers were inclined towards mid-segment housing in Mumbai in the price range of Rs 1 to 2 crore

Office net absorption set to rise 50% YoY in 2023 to 40 mn sq ft: JLL study

Home sales to hit 200,000 units by 2022-end, the highest in over a decade

India's home sales, prices to rise, defying rate hikes: Puravankara CEO

Puravankara Ltd, one of India's top property developers, expects both prices and new home sales to rise in the near future, defying rising interest rates, a top company executive said

Housing sales witness 41% rise YoY in July-September: Anarock report

MMR and Hyderabad witnessed the highest new launches in Q3 2022, with approx. 36,000 units and 15,530 units, respectively

Tier-II Indian cities emerge as major realty growth engines: PropEquity

Report by the firm cites surge in absorption and supply of quality residential properties across price brackets in Ahmedabad, Vadodara, Nashik, Gandhi Nagar and Jaipur

Rising interest rates unlikely to dent growth in home sales: Developers

Homebuyers are strategising their financial preparation for a home purchase in the wake of increased home loan interest rate

Builders see short-term impact on sales on likely hike in home loan rate

The RBI's decision to raise the benchmark lending rate by 50 basis points to 5.40 per cent will make home loans costlier, and thus reducing affordability of prospective homebuyers, they added.

Home sales in India drop 7% in Q2; only 84,930 units sold: Report

Sales have also been hit as home loan interest rates increased over the last several quarters impacting affordability

Home sales growth or decline? Property market split over demand

Residential sales hit a nine-year high in the first half of this calendar year (CY), said UK-based property consultant Knight Frank in a report recently

Record home sales spur 20-50% hiring surge at listed realty firms in H2FY22

Brigade is aiming to increase its workforce by around 15 per cent this year

US house prices hit record high, home sales tumble in March

Existing home sales dropped 2.7 per cent to a seasonally adjusted annual rate of 5.77 million units last month, the National Association of Realtors said on Wednesday

Housing sales up 71% YoY in March quarter, highest since 2015: Anarock

Approximately 99,550 units sold across the top 7 cities in Q4, according to data from real estate consulting firm

Kolkata home registrations jump over 2 times in July-Sep on stamp duty cut

Registration of residential properties in Kolkata metropolitan area jumped more than twofold to 15,160 units during July-September period mainly driven by stamp duty reduction by the state government

Oberoi Realty Q2 sales bookings jump over 2-fold to Rs 828.52 crore

Oberoi Realty Ltd on Thursday reported over two-fold jump in its sales bookings at Rs 828.52 crore for the quarter ended September on improved housing demand driven by low mortgage rates

Home sales more than double in Q3CY21 on robust hiring, pay hike in IT/ITES

Mumbai Metropolitan Region or MMR accounted for 33 per cent of the total sales, followed by NCR with a 16 per cent share, Anarock said

Home registrations in Mumbai at 10-year record high of 35% in Sept

Registration of housing properties in the Mumbai municipal region increased 35 per cent year-on-year to 7,556 units during this month on rising demand, according to Knight Frank

Godrej Properties, Prestige Estates eye Rs 10K-cr sales booking club

Godrej and Prestige posted sales bookings of Rs 6,725 crore and Rs 5,461 crore, respectively, in 2020-21 (FY21)

40% homebuyers looking for premium and luxury properties: Survey

A latest report, prepared jointly by property consultant Anarock and CII, shows how radically the pandemic has altered buying preference

Deals or distress: Realtors expect 25-30% jump in sales this festive season

Home sales grew 67 per cent in the first half of 2021 due to growth in markets like Pune and Mumbai

Housing market to cross pre-note ban level in 2023, says report

Starting 2021, the market is set to witness a healthy double-digit growth rate over the next three years