Residential real estate in India is growing exponentially. In FY23, it recorded a 48% YOY surge, with home sales hitting an all-time high of $42 billion. By 2029, this market is projected to be $687.27 billion.
Pune, also known as the "Oxford of The East", given the presence of major educational hubs in the city, has massively evolved. What was once a learning center is now a buzzing city filled with IT and a thriving property market. Nestled in the Sahyadri Hills, Pune mixes history, pleasant weather, and vibrant culture. This blend draws in both house hunters and investors. But let's take a closer look at Pune's real estate before we leap in.
More than 50% of real estate investments fail to meet their desired outcomes. The reason?
Posing as a major challenge to most developing nations has always been “Housing Delivery” and the government to facilitate housing development has repeatedly intervened through policies to promote housing, particularly in urban areas. This blog will study the case of Noida - A rapidly emerging urban hub nestled in the suburbs of Delhi, The National Capital Region/Capital of India. Its initial development led to the creation of an industrial town as per the Uttar Pradesh Industrial Development Act 1976 to ease the urban pressure on Delhi.
Imagine a home that changes according to your needs and keeps you safe effortlessly. Where lighting, temperature and security are at your disposal with just a click on your phone or a simple voice command.
Pune, the IT hub of India, is a booming mega city where real estate investments are not just rising but thriving. Leveraging its fertile investment climate has turned out to be a long-term goldmine for a large pool that invested in residential apartments in Pune.
A master plan is a detailed, long-term conceptual layout of a region's future growth and development. It is a planning document that includes analysis, recommendations, and suggestions for the region's economy, population, land use, transportation, and infrastructure.
Real estate in India is on a roll. It is expected to hit US$ 1 trillion market size by 2030 and US$ 5.8 trillion by 2047. That's about 15.5% of India's GDP! That means an incredible phase for commercial and residential properties in India.
Do you know India's real estate sector is expected to touch US$ 1 trillion in market size by 2030 and contribute 13% to the country's GDP by 2025? In fact, the market closed over 1,700 acres of land deals in top cities in the first nine months of FY22.
