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According to JLL’s recent report, India's residential sector is expected to reach 290,000 to 300,000 units of sales due to robust demand and quality launches. The mid-segment price category has dominated sales, while the premium segment has seen a 22% increase. Luxury segment sales have also seen an 83% increase
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The luxury residential market in India is booming, driven by rising demand for high-end homes due to urbanisation and increasing incomes, with sales of luxury housing units increasing by 27% in the first half of the year.
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Budget 2024: ₹15,000 crore financial package to develop Andhra Pradesh’s capital city Amaravati.
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Leasing of retail spaces in shopping malls rose 15 per cent annually during the April-June period to 6.12 lakh square feet across eight major cities on better demand from retailers, according to Cushman & Wakefield.
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Hyderabad office leasing market experienced a sharp 71 per cent Year on Year (YoY) growth, with a total of 5.0 mn sq ft transacted during H1 2024. This growth can be primarily attributed to increased absorption by Global Capability Centers (GCCs)
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After a lull of five years, Real Estate prices in Andhra Pradesh's Amaravati region are set to soar with several land dealings expected to close as the regime in the state transitioned from YS Jagan Mohan Reddy-led YSRCP to N Chandrababu Naidu-helmed NDA
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Andhra Pradesh Chief Minister N Chandrababu Naidu met half a dozen Union ministers to convey his state’s expectations from the Centre, including an announcement in the forthcoming Union Budget that his state would get a BPCL refinery.
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Vijayawada Eastern bypass envisaged on the Chennai-Kolkata highway has received in-principle clearance following a meeting between Chief Minister N. Chandrababu Naidu and union highways minister Nitin Gadkari in Delhi on Thursday.
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Telangana CM Revanth Reddy appealed to Nitin Gadkari to declare the southern section of the Regional Ring Road (RRR) as a national highway and grant funds. He also requested the widening of the Hyderabad-Vijayawada National Highway into six lanes.
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Union govt notifies Secunderabad cantonment to merge with GHMC
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Nominal growth in housing prices expected in coming years: Anshul Jain, Head, Cushman & Wakefield India
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CapitaLand India Trust has entered into a forward purchase agreement with Phoenix Group to acquire IT buildings with a total leasable area of 2.5 million sft in HITEC City. HITEC City is a major IT and office hub in Hyderabad where many large multinational companies are located.
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RBI data: Home loan outstanding up by Rs 10 lakh crore in last 2 years; reaches Rs 27 lakh crore in March. The data also showed that the credit outstanding towards commercial real estate stood at Rs 4,48,145 crore in March 2024.
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Godrej Properties acquires ~3-acres land parcel in Hyderabad with estimated booking value of ~Rs 1,300 crore
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RERA’s Advice: Opt for GHMC, DTCP, HMDA approved plots
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Property registrations in Hyderabad continue to soar: Report
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Medtronic opens expanded innovation centre in Hyderabad, Telangana
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Jeh Aerospace Sets Up Manufacturing Hub In Hyderabad Jeh Aerospace inaugurates a new manufacturing hub in Hyderabad, providing solutions to the aerospace and defense industry.
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Bristol Myers Squibb Inaugurates $100 Million IT, Drug Development Facility In Hyderabad Bristol Myers Squibb inaugurates a $100 million IT and drug development facility in Hyderabad, expanding its global footprint.
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REA India's revenue up 21% at Rs 238 crore in July-December 2023: CEO
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Hyderabad: Revanth to lay foundation for Old City Metro on Mar 8
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Fractional ownership of property as investment tool to get boost from Sebi regulation: experts
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The State Of PropTech In India Many Reports suggest 95 per cent of buyers begin their home-buying journey online, and 51 per cent buy property online. Since the government announced the Startup India Campaign in 2015, there has been an impressive growth in PropTech startups to more than 1,400 in 2022 from just 2 in 2016
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Spyre Proptech Aims Rs 400 Cr Fundraise For Rs 800 Cr Fund The initial phase of the fund will focus on early and growth stage companies, with investment amounts ranging from Rs 2 to 8 crore in the early stages and Rs 15 to 40 crore in the growth stage.
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FY 2023 has been a mixed bag for the commercial office space market in the top 7 cities, with the first half doing much better than the second. Latest ANAROCK Research data indicates that Hyderabad outshone Bengaluru with the highest new office supply influx in FY 23.
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Co-working firm Skootr has provided on lease 21,000 square feet office space to US-based Pinnacle at its new centre in Hyderabad. Real estate consultant Colliers India facilitated the leasing deal. Pinnacle, a leading industrial reliability solutions company, has a strong presence in the US and is now setting up shop in India.
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Brigade Group acquires 9.71-acre land parcel in Hyderabad for Rs 660 crore. The land is situated in Neopolis, Kokapet of Hyderabad, and was acquired at a rate of Rs 68 crore per acre.
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Prestige Group plans to launch housing projects across Delhi-NCR, Bengaluru, Hyderabad, Chennai, Mumbai and Goa.Prestige Group also intends to get into the senior living segment; the company is currently working on a pilot in Bengaluru and once that succeeds it plans to replicate it in other cities.
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Hyderabad records 6,185 property registrations in September 2023, up by 30% YoY
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Hyderabad is one of India’s fastest-growing cities and has a thriving real estate market. Besides, it is expanding geographically too as a result of new businesses coming to the city and establishing offices there.
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Hyderabad has experienced a significant rise in residential property launches post-pandemic, with 100,000 homes added since 2021.
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With rentals in Hyderabad hitting the roof, is the city’s real estate sector going the Bengaluru way?
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Luxury home sales see 115% rise in first 9 months of 2023, led by Hyderabad. MMR, NCR and Hyderabad outperformed the other cities in luxury housing sales in the first nine months of 2023, with these three cities together accounting for approx. 63,390 units sold.
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WSB Real Estate Partners will target the southern Indian growth markets, particularly Bengaluru, Hyderaba and Chennai for the proposed fund investment, and deploy two-thirds of its capital in these cities. The investment will be through the structured debt route in residential real estate projects, serving the mid-income housing segment.
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