Research reports, articles on India real estate and housing market trends
Kolkata market has picked up pace since the state government introduced 2% cut in stamp duty and 10% reduction in circle rate for registration of property. However, the annual sales and new launches in the market are still 30% and 13% lower than the pre-Covid level and will require a few quarters to normalize. On […]
Affordable development continues to drive the residential market in Ahmedabad. The annual sales in FY 21-22 fall short of 5% of the pre-Covid level (FY19-20), New Supply in Ahmedabad reaches new heights with 37.18 units launched in the city, the highest in the past decade. The city has seen saleable price growth of 7% Y-O-Y. […]
Chennai residential market remains resilient through the second and third Covid wave. Annual sales in FY 21-22 exceed the pre-Covid level by 25% (FY 19-20). However high unsold inventory remains to be a market concern. FY 21-22 Highlights During FY21-22, Chennai records the highest sales of 15.02 thousand units in the past 6 years. Sales […]
Hyderabad’s residential real estate market has seen healthy demand momentum in FY21-22 backed by a young IT workforce, growth in income levels, positive consumer sentiments and low home loan rates. Sales in FY21-22 have surpassed the pre-Covid level (FY 19-20) by 17%. A surge of new launches is seen during the last year, 222% growth […]