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India`s real estate sector is expected to expand to USD 5.8 trn by 2047: Knight Frank-NAREDCO In its latest report – India Real Estate: Vision 2047, Knight Frank India, a leading real estate consultancy in the country, in association of NAREDCO has projected that India’s real estate sector is expected to expand to USD 5.8 trillion (trn) or USD 5,833 billion (bn) by 2047. This estimated real estate output value will contribute 15.5% to the total economic output in 2047 from an existing share of 7.3%. The report India Real Estate: Vision 2047 was unveiled by Shri. M. Venk...
India`s real estate sector is expected to expand to USD 5.8 trn by 2047: Knight Frank-NAREDCO
India`s real estate sector is expected to expand to USD 5.8 trn by 2047: Knight Frank-NAREDCO
Source: Knight Frank
26/08/2023 4:46:01 PM
Repo rate hike as expected, may further impact affordable housing demand Real Estate Industry on Wednesday claimed that the repo rate hike by the RBI is likely to impact the demand of affordable housing in the country. Given that interest rates may breach the 9.5 per cent mark with the hike, the affordable housing segment may see some pressure on sales volumes. Anuj Puri, Chairman, ANAROCK Group said that the 25 bps rate hike is much along the expected lines. "With repo rates now at 6.5 per cent, there could be some repercussions on housing uptake as...
Repo rate hike as expected, may further impact affordable housing demand
Repo rate hike as expected, may further impact affordable housing demand
Source: IANS
8/02/2023 2:10:17 PM
Square Yards unveils Real Estate Metaverse; Industry leaders to embrace the Digital Revolution Mumbai:  Square Yards, India’s largest proptech platform, announced the launch of its Real Estate Metaverse, a fully immersive and interactive real world like environment that allows users to explore real estate on a digital twin of an entire city, visualize the neighborhoods in a 3D built environment and walk in as an avatar interacting within a collaborative marketplace. Square Yards has been granted multiple global patents on immersive, virtual & collaborative e...
Square Yards unveils Real Estate Metaverse; Industry leaders to embrace the Digital Revolution
Square Yards unveils Real Estate Metaverse; Industry leaders to embrace the Digital Revolution
Source: PR Agency
24/01/2023 4:55:25 PM
Here are some reactions of realtors on RBI's policy outcome on realty sector The Reserve Bank of India on Wednesday raised the key lending rate or repo rate by 50 basis points to 4.9 per cent to tame rising inflation, which has been now above the central bank's 6 per cent tolerance level for four months in a row. Repo rate is the rate at which the central bank lends short-term funds to banks. In line with the rate hike by the RBI, some banks and non-banking finance companies too had raised their lending rates, which will essentially lead to an increase in EM...
Here are some reactions of realtors on RBI's policy outcome on realty sector
Here are some reactions of realtors on RBI's policy outcome on realty sector
Source: IANS
8/06/2022 4:37:09 PM
The Big Picture: Sustainable demand has lifted market sentiments, says Niranjan Hiranandani The Current Sentiment Index of real estate industry stakeholders, compiled after a survey conducted by Knight Frank and NAREDCO, rides high on the back of real sustainable home buying demand, and low interest rate galvanising underpinned value of ownership home for end-users and renewed investor interest, said Niranjan Hiranandani, Vice Chairman of NAREDCO, and Founder-cum-Managing Director of Hiranandani Group. "While the present scenario seems to be in a positive light, the future s...
The Big Picture: Sustainable demand has lifted market sentiments, says Niranjan Hiranandani
The Big Picture: Sustainable demand has lifted market sentiments, says Niranjan Hiranandani
Source: IANS
24/04/2022 12:27:18 PM