New supply of affordable homes -- priced up to Rs 60 lakh each, declined 38 per cent across eight major cities to 33,420 units during January-March this year, with builders focusing on developing luxury flats, according to PropEquity. Real estate data analytic firm PropEquity attributed the fall in new supply to sharp rise in land and construction costs, which has made development of affordable housing projects less profitable or unviable.

This Boom is Different India's real estate market boom is still a few years away from peaking. But the cycle’s longevity could turn on a few factors, good and bad, say realty experts. It will hinge on not just a more widespread demand for homes and offices but also smart supply and price management by the country's top developers

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As the world marks the International Day for Biological Diversity, Siliguri's efforts in understanding and appreciating urban biodiversity through the City Biodiversity Index (CBI) stand as a model for sustainable urban development. The CBI, also known as the Singapore Index on Cities' Biodiversity, offers a comprehensive assessment of the city's ecological health, focusing on Native Biodiversity, Ecosystem Services, and Biodiversity Governance.

Backed by a remarkable 57-year career in urban planning, Vidyadhar Phatak has boldly questioned the “axioms of a good city” in his recently released book, Planning for India’s Urbanisation, a collection of essays he has written since 2006. Phatak’s book argues that planners should not prescribe population densities in cities; that, as believed, the market does not “faithfully” follow development plans; and that comprehensive, integrated, and holistic planning is impractical.

The Yamuna Expressway Industrial Development Authority (Yeida) has decided to launch an affordable housing scheme of 6,500 residential plots near the greenfield Noida international airport, said authority officials on Wednesday. A total of 6,000 plots will be of 30 square metre size and each may cost around ₹8 lakh, officials said, adding that the pricing offers an opportunity for lower middle class to build houses near the airport

In recent years, the highly sought after real estate in Gurgaon has seen increasing demand for premium housing area. Areas like Southern Perimeter Road (SPR), Dwarka Expressway, Sohna Road and New Gurugram are witnessing high-end residential projects, where the houses are priced more than Rs 1.5 crores becoming the new standard. This change is transforming the market and is affected by the changing consumers’ trends, new development strategies and massive post pandemic market dynamics

Real estate developers in some of India’s biggest cities had a big problem in 2018: the number of new homes that remained unsold kept piling up. However, that number has come down since then. However, there's a significant disparity in the demand for such unsold homes. While developers in and around New Delhi were able to sell more than a lakh such properties in the last five years, their peers in the southern cities like Bengaluru, Chennai, and Hyderabad were hardly able to move 20,000, according to data from Anarock, a real estate consulting firm based in Gurugram

Growth in housing prices is expected to be nominal in short to medium term after rising sharply over the last two years due to surge in demand post the COVID pandemic, according to Cushman & Wakefield India head Anshul Jain. In a video interview with PTI, Jain, the Chief Executive India & South East Asia and APAC Tenant Representation, Cushman & Wakefield, said the housing demand would continue to be strong in view of high economic growth and a growing desire to own homes among consumers especially, young population.

Once notorious for oversupply and all-round market disarray, Delhi-NCR's real estate sector is witnessing a reversal of winds as the unsold inventory in the region has declined by a massive 57 per cent in the last five years, the latest report by real estate consultant Anarock Group observed. The report added the unsold real stock in the national capital region declined from approx. 2 lakh units at Q1 2018-end to approx. 86,420 units by Q1 2024-end. In the same period, the main southern cities saw their unsold stock decline from approx.

The Reserve Bank of India’s latest data on ‘Sectoral Deployment of Bank Credit’ has unveiled a remarkable trend in the housing sector. With a substantial surge in outstanding loans over the past two financial years, the data underscores the burgeoning growth of India’s residential real estate market and the escalating demand for homes nationwide.