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Anarock’s report reveals that a total of 25 ultra-luxury homes were sold across major Indian cities, including Mumbai, Hyderabad, Gurugram, and Bengaluru, during January-August.
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In 2019, the average price in Kokapet was Rs 4,750 per sq. ft., which surged to Rs 9,000 per sq. ft. by the first half of 2024
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Hyderabad appears to be dropping out of realty radar with a drastic drop in sales, which Anarock data puts at 23 per cent.
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The once-booming rental markets in India's top cities are now showing signs of stabilization due to a surge in housing supply.
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Meanwhile, the National Capital Region (NCR) saw a surge in luxury home sales, marking a notable trend reversal from five years ago.
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Similarly, Gachibowli saw rents increase from Rs 23,400 at the end of 2022 to Rs 30,500 by the end of 2023 and then to Rs 32,000 in Q1 2024.
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The city-wise price trends reflected an escalation from Rs 4,620 per square foot in 2022 to Rs 5,750 per square foot in 2023.
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Buoyed by robust housing demand, this surge signifies a significant shift in the city's real estate landscape.
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According to the ANAROCK survey, 47 percent of respondents expressed a strong inclination towards 2BHK units, while 45 percent favoured the slightly larger 3BHK homes
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Hyderabad has the highest average flat size at approx. 2,200 sq. ft. in Q1 2023, followed by NCR with approx. 1,700 sq. ft
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In a new and emerging trend, more and more young women are found to be evincing interest in investing in property
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Bengaluru, Hyderabad, and Chennai collectively saw about 81,580 units completed in 2022, against 63,870 units in 2021
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Prefer peripheral areas where they can buy bigger homes with better lifestyle amenities at lower prices: Study.
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Hyderabad saw a 130 per cent jump in overall housing sales values in this period – from Rs 6,926 crore in H1 FY22 to Rs 15,958 crore in H1 FY23.
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Hyderabad: Ever since the clamour around real estate started to grow loud two decades ago, most of the focus has been on built spaces. If it was initially driven by those with no home to call their own, their aspirations were joined by investors when the reality of realty dawned upon them that money in […]
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Hyderabad: For 26-year-old Sanjay Kumar, a first-time home buyer, choosing a residential property of his choice was the most difficult decision of his life but he was clear about one thing – “I will only buy a home that is a new property and fully constructed”. Kumar did not want the haggle of waiting for […]
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Hyderabad: A pandemic, subsequent lockdown and slowdown of real estate across the country due to supply chain constraints did not deter the housing market in the city of pearls. Hyderabad continued to witness new launches and improved sales momentum in the post-Covid world with new launches in 2021 registering an all-time new high over the […]
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Hyderabad: Hyderabad accounted for the maximum absorption share of new units among the top seven cities of India in 2021. Of the total 25,410 units sold in the city in 2021, nearly 55 per cent were newly launched, which shows the revival of investor interest. The 2021 absorption share of Hyderabad is significantly up from […]
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Hyderabad: Tall buildings that play hide and seek with clouds are touching the sky in Hyderabad. Many property buyers are looking at investing in the topmost floors of these buildings that are called high-rises. With a greater demand for these high-rises many developers are also looking building them even as the city witnessing exponential growth […]
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The system crunches data of micro-market catchment dynamics, local price sensitivity, historic sales trends, and the impact of upcoming infrastructure and local policies