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Unsold real estate properties decline in Delhi-NCR by 57%; Rate slower in Bengaluru, Hyderabad, Chennai
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 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.
Latest Stories
DDT exemption on REIT will be a game changer for the real estate sector: Hiranandani
The budget 2016 outlined the shift in focus to the rural economy as the finance minister introduced…
Govt delivers on ‘Housing For All’, says expert
The opportunities it has opened are huge and can dramatically change the whole dynamics of the econ…
Experts want Jaitley to reduce tax burden on real estate projects in Budget 2016
1) Reduce the tax burden on real estate projects. Currently 30-35% of the cost of a residential pro…
Senior Housing: Expect Budget 2016 to be more inclusive
As the population of senior citizens rise to 118 million in 2016, the senior living sector shows im…
Budget 2016: This is where India stands in rental housing sector of the world
Rental Housing is one of the most crucial factors that drive the economy of the real estate sector.…
Budget 2016: Online players want government to push ‘Housing For All’
The online game is played mainly by two players, investors like 99 acres, Magic Bricks and Housing.…
Budget 2016: Why rental housing is the next big thing in the realty sector
According to CBRE, around 56 per cent of the shortage of 19 million units is from the economica…
Budget 2016: One of India’s biggest realtor, Surendra Hiranandani says the sector needs ‘Industry’ status to survive
“We are optimistic that the upcoming budget will address key administrative, financial and tax …
Housing for All: Budget 2016 expectations
As it is about to complete one whole year and all eyes are hooked to the upcoming budget 2016, …
Budget 2016: Impact of FDI in real estate sector and future expectations
Where it stands?
Globally positioning India as an investment destination and improving India’s d…
Budget 2016: Here’s what a home buyer wants from the Modi government!
The murky real estate sector is betting big on the Budget 2016. With a slew of reforms expected to …
Here’s why Budget 2016 is crucial for the real estate sector
One of the major hurdles that are holding back the growth of the sector is delay in construction …