Mumbai’s real estate sector is witnessing an impressive performance with property registrations for April 2024 expected to cross 11,500 units from 10,514 a year earlier. Notably, the current figures represent a 9% increase in registrations compared to the same period last year, reflecting a continuous positive outlook. This robust activity is projected to contribute over Rs 1,043 crore to the state exchequer, according to a report by Knight Frank India.

Real Estate Market: घर खरीदने की सोच रहें तो जल्दी करें, आवासीय मकान की कीमतों में आ सकता है बड़ा उछाल रियल एस्टेट डेवलपर्स और फाइनेंशियल इंस्टीट्यूशंस को उम्मीद है कि देश का रियल एस्टेट सेक्टर काफी तेजी ग्रोथ करने वाला है। Knight Frank-NAREDCO की रिपोर्ट के मुताबिक जनवरी से मार्च दौरान करेंट इंडेक्स सेंटिमेंट में काफी सुधार दिखा। खासकर रेजिडेंशियल मार्केट का आउटलुक काफी शानदार है। इससे संकेत मिलता है कि आवासीय मकानों की कीमतों में जल्द उछाल आ सकता है। आइए जानते हैं पूरी खबर।

Real estate developers and financial institutions are bullish on growth in the Indian real estate sector, as the current sentiment index improved during January-March with high optimism for the next six months, according to Knight Frank-NAREDCO. High economic growth and strong property demand are key factors for the improvement in their sentiments.

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A recent report has highlighted that the optimism in the real estate industry stakeholders in India touched a decadal high in the first quarter of 2024. The rise was due to the stable economic fundamentals, sustained post-pandemic momentum, and increased transaction volumes.

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The Knight Frank-NAREDCO Real Estate Sentiment Index Q1 2024 (January – March) report unveils an unprecedented surge in market confidence amongst the supply side of real estate, marking a significant milestone in the sector. The Current Sentiment Index Score soared to 72, ascending from last quarter’s 69, and setting a decadal high. This remarkable achievement is underscored by the robust economic landscape in India, with stakeholders across the board expressing heightened confidence and optimism.

There has been an unprecedented surge in the real estate market confidence on the supply side, marking a significant milestone in the sector. The NAREDCO-Knight Frank’s Current Sentiment Index Score soared to 72, ascending from last quarter’s 69, and setting a decadal high. “This remarkable achievement is underscored by the robust economic landscape in India, with stakeholders across the board expressing heightened confidence and optimism,” NAREDCO said in a statement.

रेसिडेंशियल और ऑफिस सेगमेंट में नए लॉन्च, सेल्स और कीमतों में उछाल के चलते देश के रियल मार्केट मार्केट में तेजी जारी रहने की उम्मीद है. नाइट फ्रैंक और नारेडको ने 2024 की पहली तिमाही के लिए रियल एस्टेट सेंटीमेंट इंडेक्स जारी किया है जिसमें देश के रियल एस्टेट सेक्टर के आउटलुक को बेहतरीन करार दिया है. रिपोर्ट के मुताबिक कीमतों में उछाल के बावजूद घरों की डिमांड में तेजी बनी रहेगी.

On the back of stable economic fundamentals, sustained post-pandemic momentum, and increased transaction volumes, the optimism in the real estate industry stakeholders in India touched a decadal high in the first quarter of 2024, a report released on Monday said. The “Current Sentiment Index Score”, which reflects the stakeholders’ current outlook compared to the preceding six months, touched 72 in the quarter, the highest in the last 10 years, according to the Knight Frank-NAREDCO Real Estate Sentiment Index Q1 2024 (January–March) report. In the previous quarter, it was 69.

The Knight Frank-Naredco Real Estate Sentiment Index Q1 2024 (January-March) report unveils an unprecedented surge in market confidence amongst the supply side of real estate, marking a significant milestone in the sector. The Current Sentiment Index Score soared to 72, ascending from last quarter’s 69, and setting a decadal high. This remarkable achievement is underscored by the robust economic landscape in India, with stakeholders across the board expressing heightened confidence and optimism.

The first quarter of 2024 witnessed a surge in confidence across residential and office markets, a report by the Knight Frank-NAREDCO Real Estate Sentiment Index Q1 2024 (January - March) observed. Factors such as stable economic fundamentals, sustained post-pandemic momentum, and increased transaction volumes played an important role in the surge in India's real estate market, according to the report.