Real Estate in India Witnesses K-Shaped Recovery: CREDAI President
CREDAI President Harsh Vardhan Patodia discusses India's real estate recovery, driven by government measures, reduced import duties, and a rebound in housing sales.
CREDAI President Harsh Vardhan Patodia discusses India's real estate recovery, driven by government measures, reduced import duties, and a rebound in housing sales.
Indian proptech startups like Square Yards and Aurum PropTech are revolutionizing real estate with AI, blockchain, and VR. With $100 billion market potential and growing investments, they are driving transparency, innovation, and efficiency in the property sector.
PropertyPistol transforms Indian real estate by blending advanced technology like AI-powered tools and virtual tours with personalized human support. Offering seamless transactions, deep market insights, and expert guidance, PropertyPistol sets new standards for customer satisfaction and convenience in the evolving property market.
India has improved its ranking to 31st in the Global Real Estate Transparency Index (GRETI) 2024, entering the "transparent" tier for the first time. This progress, driven by regulatory reforms, digitization, and sustainability initiatives, is expected to attract significant global investment. India’s enhanced transparency positions it as a growing real estate hub.
Hyderabad's real estate market sees a 14% growth in ₹1 Crore+ home registrations in 2024, reflecting rising demand for luxury properties. Key trends include price growth, larger homes, and prominent locations like Medchal-Malkajgiri, indicating a shift towards premium living in the city's evolving property market.
Dwarka Expressway is driving significant real estate growth in Delhi NCR, with improved connectivity, 80% price appreciation, and luxury developments. Ongoing infrastructure projects, including metro expansions, further enhance its appeal, attracting investors and homebuyers to this prime location for long-term growth and development.
The hospitality sector plays a key role in regional tourism development by boosting economic growth, preserving culture, and enhancing infrastructure. It attracts visitors, supports local communities, promotes eco-tourism, and aids regional branding, fostering sustainable tourism that enriches both the local economy and global appeal.
Easy, a digital-first home finance company, secured $35 million in Series B funding to enhance its digital mortgage platform. With plans to expand its assets and presence across India, Easy aims to simplify home financing and empower middle-income consumers through technology-driven solutions.
LIC Housing Finance Ltd has seen its stock decline for the fifth consecutive session, trading at ₹582.2, despite a strong 13.31% year-to-date gain. The stock underperformed against positive market momentum, with a 7.22% drop in the last month.
Introduction In recent years, the spotlight in the real estate market has largely been on metro cities, with their bustling urban environments and rapid development. However, as the country evolves,…