Last year home prices went up by 4-15 percent because of higher input costs faced by developers. Though steel and cement prices have since cooled off, buyers would likely have to embrace another hike in home prices this year.
Last year home prices went up by 4-15 percent because of higher input costs faced by developers. Though steel and cement prices have since cooled off, buyers would likely have to embrace another hike in home prices this year.
Rising mortgage and property rates notwithstanding, India's residential market is expected to maintain demand momentum this year with home sales and new launches likely to break a ten-year trend to cross the 200,000 units mark, according to CBRE's latest report.
Make no mistake co-working has arrived. That comes from surging demand for flexible workplaces and corporates embracing optimized capital usage so much that co-working share has jumped 20 percent in the office space leasing segment all in the back-to-back quarters January-June, posits a study by Anarock.
In a significant move guaranteeing 'simplicity of living for the owners and tenants in Uttar Pradesh and simultaneously expanding the state's income, the U.P. Government has set up an online interface for 'e-rent arrangements' in Gautam Buddha Nagar. It shall carry out the framework for giving rent deeds online in different state locales too.
Those days are not too far now when Noida and Greater Noida will enjoy the crown of best-in-class connectivity, and rapid transit will become synonymous with these cities. As per the reports, two important projects of Greater Noida- Multimodal Transport Hub and Multimodal Logistics Hub- will be linked to PM Gati Shakti National Master Plan. These two projects will be built near Bodaki. The master plan of these contemporary projects will be uploaded on the portal of Gati Shakti in the coming days. This will make it easier to develop both projects in a better synergy under DMIC-IITGNL. This will amplify the return on investment aspects of the entire Noida region multifold.
Noida is all set to add another feather to its phenomenal growth story as work on the first phase of the Noida International Airport (NIA) begins in August this year. This phase shall witness the completion of the main terminal building and runway within the strict deadline of 25 months, beginning August 22’ till October 24’.
Realty prices in the Yamuna Expressway Industrial Development Authority (YEIDA) area near Noida are spiking up like never before. The driving force, the upcoming Noida International Airport, is a thrust so intense that the area is now the hottest piece of real estate in India with prices over the past three years surging 38 percent.
The first six months this year have set real estate on an upswing as per the latest Uttar Pradesh Real Estate Regulatory Authority (UP RERA) report. The report mentions a significant rise in new registration applications over the same period last year.
Let's just say you are house hunting. You seek out top realtors, go on guided property tours, and tick just about all the boxes before the conversation swings around 'condo' or 'condominium'.