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Industry News


Industry News

  • Housing sales registers 49% YoY growth between July-September 2022 : Report

    Residential sales have continued to show robust growth while registering sales of 83,220 units, a 49% YoY growth between July-September 2022 as compared to 55,910 units sold in the corresponding period last year, according to a report by REA India-owned online real estate platform


  • Real Estate Developers Lay Red Carpet For Homebuyers With Festive Season In High Gear

    With the festive season on the doorstep, real estate companies are offering a multitude of gifts, from gold coins, cars, iPhones, and club membership to foreign trips to attract homebuyers.


  • Home loans to get dearer, but buyer sentiment unlikely to be impacted significantly: Consultants

    As widely expected, the Reserve Bank of India (RBI) hiked the repo rate for the fourth time in a row by a further 50 bps to 5.9% in its bi-monthly policy meeting on Friday – a move which will make all types of loans, including home loans, more expensive now.


  • Rate hike to have limited impact on housing sales: Developers

    In a bid to rein in inflation, maintain global interest rates parity and ensure the stability of the currency, the RBI in its MPC meet on Friday decided to increase the repo rate by 50 bps for the fourth consecutive time to 5.90%.


    Although the increase in the repo rate was along the expected lines, industry experts and developers feel the rate hike does not augur well for the real estate sector, especially the residential segment, as it will result in increased mortgage rates.

  • India Sotheby’s International Realty forays into Bengaluru’s luxury market, targets listings worth Rs 500 cr

    Financial Express

    PF Desk


    India Sotheby’s International Realty (ISIR), a leading real estate consultancy firm, has entered the Bengaluru luxury market with an exclusive marketing mandate from Agrocorp Landbase (P) Limited for the company’s unique living-cum-investment concept of managed vineyard farms.


  • Max Estates onboards New York Life as co-investor for Noida office project

    Moneycontrol News


  • Godrej Properties acquires seven-acre land in Bengaluru’s Indiranagar extension

    The Economic Times

    Kailash Babar  & Sobia Khan |  ET Bureau


  • Gurugram: A fast-growing market for real estate investors with plenty of opportunities

    Financial Express

    Vikas Wadhawan


  • Attention, homebuyers! How severe is RBI’s likely rate hike going to be for your home dreams

    The Economic Times

    Diksha Tripathy |  ET Online


  • 7.8 million sq ft real estate space required for data centre capacity expansion by 2024: JLL

    Moneycontrol News