The demand for luxury housing in the country of homes priced above Rs 50 crores has shot up 1.5x in the past year, and that of homes priced above Rs 4 crore has increased by 75%, according to a report by JLL India. The takers of these homes are affluent people, who are buying two, three, or four properties. However, they are not willing to lease the extra ones out.
Additional Secretary of the Ministry of Housing and Urban Affairs, D. Thara, on Friday asked the real estate industry to completely gear up to meet housing-related challenges for the next five years by revisiting their old practices and preparing to invest in rain harvesting and creating play spaces for children in their housing complexes. Additionally, she emphasized provisioning for cool pathways powered by solar energy.
The smart homes market in India is projected to grow by 9.14% from 2024 to 2028, reaching a market volume of USD 9.2 billion. This growth is attributed to the increasing integration of Internet of Things (IoT) devices in homes, which enhance security, energy efficiency, and convenience. Startups specializing in smart home solutions are expected to see substantial growth during this period.
The Chief Minister of Andhra Pradesh, N Chandrababu Naidu, announced on June 11, a day before his oath-taking ceremony, that Amaravati would be the capital of Andhra Pradesh. Several sectors in the city are expected to witness significant growth and development. Experts and industry leaders shared their insights on the promising future of Amaravati with LiveMint.
The Chief Minister of Andhra Pradesh, N Chandrababu Naidu, announced on June 11, a day before his oath-taking ceremony, that Amaravati would be the capital of Andhra Pradesh. Several sectors in the city are expected to witness significant growth and development. Experts and industry leaders shared their insights on the promising future of Amaravati with LiveMint.
The Smart Homes Market in India is projected to grow by 9.14% from 2024 to 2028, reaching a market volume of USD 9.2 billion. This growth is attributed to the increasing integration of Internet of Things (IoT) devices in homes, which enhance security, energy efficiency, and convenience. Startups specializing in smart home solutions are expected to see substantial growth during this period.
Among other things, Babu throws light on the influx of high net-worth individuals (HNIs) and institutional investors in the residential real estate space, and what can be done to spur growth in affordable housing.
ಪ್ರಸ್ತುತ ದೇಶದಲ್ಲಿ ಸುಮಾರು ಒಂದು ಕೋಟಿ ಮನೆಗಳು ಖಾಲಿ ಬಿದ್ದಿವೆ. ಒಂದೆಡೆ, ದುಬಾರಿ ಮನೆಗಳಿಗೆ ಬೇಡಿಕೆ ನಿರಂತರವಾಗಿ ಹೆಚ್ಚುತ್ತಿದೆ. ಮತ್ತೊಂದೆಡೆ, ದೇಶದ ದೊಡ್ಡ ನಗರಗಳಲ್ಲಿ ಅಗ್ಗದ ಮನೆಗಳ ಬೇಡಿಕೆ ವೇಗವಾಗಿ ಕುಸಿಯುತ್ತಿದೆ. ಇಂಡಿಯನ್ ಎಕ್ಸ್ಪ್ರೆಸ್ ಈ ಬಗ್ಗೆ ವರದಿ ಮಾಡಿದ್ದು, ಅಂಕಿಅಂಶಗಳ ಪ್ರಕಾರ, 2019 ಮತ್ತು 2023 ರ ನಡುವೆ, ರೂ 1.5 ಕೋಟಿಗಿಂತ ಹೆಚ್ಚಿನ ಬೆಲೆಯ ಮನೆಗಳ ಬೇಡಿಕೆಯು ಸುಮಾರು 1000 ಪ್ರತಿಶತದಷ್ಟು ಹೆಚ್ಚಾಗಿದೆ. ರಿಯಲ್ ಎಸ್ಟೇಟ್ ಕ್ಷೇತ್ರಕ್ಕೆ ಶ್ರೀಮಂತ ಮತ್ತು ಸಾಂಸ್ಥಿಕ ಹೂಡಿಕೆದಾರರ ಪ್ರವೇಶದಿಂದಾಗಿ ಈ ಉತ್ಕರ್ಷ ಬಂದಿದೆ. ಆದರೆ, ದೇಶಕ್ಕೆ ಕೈಗೆಟಕುವ ದರದ ಮನೆಗಳ ಅಗತ್ಯವಿದ್ದು, ರಿಯಲ್ ಎಸ್ಟೇಟ್ ಕ್ಷೇತ್ರದ ಅಭಿವೃದ್ಧಿಗೆ ಅವರ ಬೇಡಿಕೆಯನ್ನು ಹೆಚ್ಚಿಸಬೇಕು.
देश में इस समय लगभग एक करोड़ घर खाली पड़े हुए हैं. एक तरफ महंगे घरों की डिमांड में लगातार इजाफा आता जा रहा है. दूसरी तरफ सस्ते घरों की डिमांड देश के बड़े शहरों में तेजी से नीचे जा रही है. आंकड़ों के अनुसार, 2019 से 2023 के बीच 1.5 करोड़ रुपये से महंगे घरों की मांग में लगभग 1000 फीसदी का इजाफा हुआ है. यह उछाल अमीरों और इंस्टीटूशनल इनवेस्टर्स के रियल एस्टेट सेक्टर में कूदने की वजह से आई है. मगर, सस्ते घरों की देश को जरूरत है और रियल एस्टेट सेक्टर के विकास के लिए इनकी मांग बढ़ाई जानी चाहिए.
Launches of high-end residential units priced above Rs 1.5 crore skyrocketed by a staggering 1,000 per cent between 2019 and 2023, according to property consultancy firm Anarock. In the meantime, new launches of units priced below Rs 75 lakh, including affordable housing, remained stagnant in the country’s top seven cities.
