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Industry News

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Industry News

  • propnewstime.com-Home Staging: Transforming spaces for buyers and renters

    Home staging involves preparing a property to enhance its appeal and comfort for potential buyers or renters within a set timeframe and budget. The benefits of home staging are clear: a beautifully arranged space increases market demand, allowing for higher selling or rental prices, as noted by Kristina Zagrebelnaya, a home stager and designer at Colife, a property management service.

     

  • gqindia.com-7 most expensive residential locations in Delhi, the second richest city in India which is home to 57 billionaires

    The most expensive residential locations in Delhi are mainly situated in the southern part of the city. Delhi, the capital of India, has become the second most popular city, in terms of real estate, for businessmen, politicians, celebrities, and sports personalities. According to the Hurun India Rich List 2024, Delhi is home to nearly 57 billionaires, making it the second wealthiest city in the country after Mumbai, which has a total of 92 billionaires.

  • etnownews.com-Delhi-NCR to get a new city? UP govt has an update

    The Uttar Pradesh government has officially approved the master plan for New Noida, set to transform 80 villages across Dadri and Bulandshahr into a sprawling industrial hub. This area will now be known as the Dadri-Noida-Ghaziabad Investment Region (DNGIR), the announcement was made through the Invest UP Twitter handle.

     

  • Hindustan Times-Bengaluru’s rental housing market returns to normalcy pushing past full impact of pandemic, experts say

    “My contract, signed last year, mentions a yearly rent escalation of 20%, however my landlady hasn’t brought it up yet,” said Anirban Choudhury, a resident of Kasturi Nagar in East Bengaluru.

     

  • Business Standard-Homebuying decisions may be impacted if mortgage rates cross 9%: Survey

    Nearly 90 per cent of respondents feel that their decision to buy residential properties will be significantly impacted if mortgage rates exceed 9 per cent, according to a survey conducted by FICCI and Anarock.

     

    Industry body FICCI and real estate consultant Anarock on Friday released their joint 'Homebuyer Sentiment Survey', with a sample size of 7,615 people, at a real estate conference here.

     

  • Moneycontrol.com-Micro Labs buys 3-acre plot in Bengaluru for Rs 111 cr, one of the city's most expensive deals

    Life sciences firm Micro Labs Ltd has purchased a 3-acre plot in Bengaluru's eastern suburb of Hoodi for a total consideration of Rs 111 crore, according to property registration documents accessed by PropStack, in what is one of the most expensive real estate deals in Karnataka's capital over the past few years.

     

    Micro Labs, headquartered in Bengaluru, is a significant player in various therapies as well as active pharmaceutical ingredients. The company is mostly known for its Dolo-650 brand of paracetamol tablets.

  • Finance Express-Housing finance firm Weaver Services acquires Capital India Home Loans

    Housing finance firm Weaver Services Pvt Ltd (WEAVER) has announced the acquisition of 100% of the fully diluted equity capital of Capital India Home Loans Ltd for a total consideration of Rs 267 crore.

     

    This acquisition is a key step in WEAVER’s mission to redefine the landscape and reach of affordable housing finance, the company said in a release on Wednesday.

     

  • propnewstime.com-Branded housing demand fuels debt reduction and growth for India's Real Estate giants

    Residential real estate sales have reached a new high across India's top seven cities in the past year, with buyer preferences increasingly shifting towards projects by branded developers. This trend has significantly boosted the sales and financial health of the country's leading real estate firms, particularly the top eight listed players, who have enjoyed stellar performances across their projects.

     

  • constructionweekonline.in-How Metro Line 3 is revolutionizing Mumbai’s property market

    Mumbai’s real estate sector is set for a significant transformation with the launch of the first phase of the Mumbai Metro Line 3. During a recent visit to the city, Prime Minister Narendra Modi inaugurated this crucial infrastructure project, marking a new era of connectivity for India’s financial capital. The first phase of the Rs 14,120 crore Metro Line-3 connects Bandra Kurla Complex (BKC) to Aarey, spanning the JVLR section.

  • aninews.in-Young homebuyers aged 18-34 lead real estate sentiment, focus on affordability

    Individuals aged 18-34 show the strongest housing sentiment, with a housing sentiment index (HSI) score of 160, outpacing GenX and Baby Boomers, whose scores range from 141 to 156, according to the Magicbricks report.

     

    The report highlights an interest among young homebuyers in properties priced between Rs 20-75 lakh and spanning 500-1,500 sq. ft., underlining a demand for affordability and optimized living spaces.