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Residential Inventory

Unsold homes in 9 cities down 7% in last 3 months; 12% fall in NCR: Rpt

Unsold housing inventories fell 7 per cent in the last three months across 9 major cities to around 4.81 lakh units on higher sales than new supply, according to PropEquity. Real estate data analytic firm PropEquity data showed that unsold housing stock has come down to 4,81,566 units at the end of March this year from 5,18,868 units at the end of December 2023 across 9 major cities. These cities are Mumbai, Navi Mumbai, Thane, Delhi-NCR (Delhi, Gurugram, Noida, Greater Noida, Ghaziabad and Faridabad), Bengaluru, Hyderabad, Pune, Chennai and Kolkata. PropEquity founder and Managing Director (MD) Samir Jasuja said the unsold housing stocks have declined as "sales are surpassing the new launches which is a positive indicator for the market". During January-March period of 2024, housing sales across 9 major cities stood at 1,44,656 units while the new launches were 1,05,134 units. This led to a reduction in the unsold stocks. As per the data, Pune saw the maximum 13 per cent fall in

Unsold homes in 9 cities down 7% in last 3 months; 12% fall in NCR: Rpt
Updated On : 30 Mar 2024 | 12:59 PM IST

Residential buyers willing to pay 5-10% more for green buildings: Report

Among corporate occupiers, over 85 per cent already lease green office spaces, motivated by energy savings and sustainability targets

Residential buyers willing to pay 5-10% more for green buildings: Report
Updated On : 22 Mar 2024 | 6:48 PM IST

China's homes register steep decline in prices, major blow to sentiment

New-home prices in 70 cities, excluding state-subsidized housing, declined 0.3% last month from August, when they slipped 0.29%, National Bureau of Statistics figures showed Thursday

China's homes register steep decline in prices, major blow to sentiment
Updated On : 19 Oct 2023 | 10:31 AM IST

Unsold housing stock drops 21% in Delhi NCR in April-June quarter: Anarock

It is the steepest drop of available stock among the top seven cities in India

Unsold housing stock drops 21% in Delhi NCR in April-June quarter: Anarock
Updated On : 05 Jul 2023 | 2:09 PM IST

Sale of mid-segment homes overtakes affordable in India: Knight Frank

At the same time, since the first half of 2018, the sale of premium homes in India has gone up over 143%

Sale of mid-segment homes overtakes affordable in India: Knight Frank
Updated On : 04 Jul 2023 | 12:10 PM IST

Investments in realty remain strong in Q1 2023, office sector mops up 55%

Inflows into office sector up 41% YoY to $900 mn. Key institutional investors signing strategic deals to boost their presence, expand their office portfolio in India

Investments in realty remain strong in Q1 2023, office sector mops up 55%
Updated On : 09 Apr 2023 | 10:46 PM IST

NCR clears residential inventory faster than other markets in past 5 years

According to an Anarock report, NCR achieved a reduction of 43 months in its 5-year stock of homes, from 66 months by the first quarter of calendar year 2018 to 23 months by Q1 of 2023

NCR clears residential inventory faster than other markets in past 5 years
Updated On : 09 Apr 2023 | 7:26 PM IST

Residential real estate sales to lag commercial in FY23: CRISIL

On the commercial real estate front, after a healthy performance in the first half of this financial year, net leasing will slow down in the second half owing to fears of an impending global recession

Residential real estate sales to lag commercial in FY23: CRISIL
Updated On : 29 Dec 2022 | 9:52 PM IST

Motilal Oswal invests Rs 450 cr in Shapoorji Pallonji Real Estate

Takes exposure to two projects--one commercial, the other a residential township

Motilal Oswal invests Rs 450 cr in Shapoorji Pallonji Real Estate
Updated On : 28 Nov 2022 | 4:58 PM IST

New supply of residential properties may rise 44% to 340,000 units in 2022

Fresh supply of residential properties is expected to rise 44 per cent this year across seven cities to 3.4 lakh units as developers look to tap increase in demand, according to Anarock. Property consultant Anarock data showed that new launches stood at 2.65 lakh units during January-September this year across primary markets of seven cities -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Bengaluru, Pune, Chennai, Hyderabad and Kolkata. The current trends indicate that launches in these cities will exceed 3.4 lakh units in the entire 2022 calendar year, the consultant added. "Total new launches in 2022 will remain lower than the previous peak of 2014, which saw approximately 5.45 lakh homes launched across the top 7 cities," Anarock said. As per the data, new home launches stood at 4,64,060 units in 2013, 5,45,230 units in 2014, 3,89,970 units in 2015, 2,49,840 units in 2016, 1,46,860 units in 2017, 1,95,300 units in 2018, 2,36,560 units in 2019, 1,27,960 units in 2020 and 2,36,690

New supply of residential properties may rise 44% to 340,000 units in 2022
Updated On : 31 Oct 2022 | 3:30 PM IST

Housing sales witness 41% rise YoY in July-September: Anarock report

MMR and Hyderabad witnessed the highest new launches in Q3 2022, with approx. 36,000 units and 15,530 units, respectively

Housing sales witness 41% rise YoY in July-September: Anarock report
Updated On : 30 Sep 2022 | 10:46 PM IST

Housing sales up 9% to 78,627 units during Jan-Mar: Knight Frank India

Last week, two other consultants Anarock and PropTiger released their data for residential markets

Housing sales up 9% to 78,627 units during Jan-Mar: Knight Frank India
Updated On : 05 Apr 2022 | 12:30 AM IST

Sales of listed realty firms just 50% of highest Q4FY19 figures

The Q4 of FY19 sales numbers excluded those of property developer Macrotech promoted by the Lodha group

Sales of listed realty firms just 50% of highest Q4FY19 figures
Updated On : 06 Sep 2021 | 12:28 AM IST

Outlook positive for DLF after strong Q1 performance despite lockdown

While residential portfolio is strong, commercial assets may take time to recover

Outlook positive for DLF after strong Q1 performance despite lockdown
Updated On : 28 Jul 2021 | 1:17 AM IST

Jefferies expects home prices to surge by over 10% in next two years

Leading realtors say it's difficult to judge the trend

Jefferies expects home prices to surge by over 10% in next two years
Updated On : 13 Jan 2021 | 10:25 PM IST

DLF's inventory sales key to gains, firm to breach FY20 sales guidance

Sales momentum should help the company double its quarterly cash flows from the residential business over the next two quarters, as compared to the run rate it was achieving in the past

DLF's inventory sales key to gains, firm to breach FY20 sales guidance
Updated On : 29 Nov 2019 | 12:04 AM IST

Only 11% of residential inventories complete in top 3 cities: Report

The top three cities are Mumbai Metropolitan Region (MMR), National Capital Region and Bengaluru

Only 11% of residential inventories complete in top 3 cities: Report
Updated On : 27 Oct 2018 | 5:30 AM IST