Bengaluru, Mumbai, and Pune are some of India’s most searched properties, according to How India Searched for Properties During 2022 – A Report by Magicbricks.
As per ANAROCK Research, avg. property price in the top 7 cities is Rs 6,150 per sq. ft - a 11% hike from Rs 5,551 per sq. ft. in 2018 to Rs 6,150 per sq. ft
Real estate market in India has recovered steadily in 2022 with growing residential and commercial demand, reopening of offices and educational institutions
The last few years have been a game changer for millennials buying homes - including in the types of homes they prefer. From 2020 onward, millennials began looking for homes with dedicated office space for remote work.
The best ‘be prepared’ move on this front is to become pre-approved for a home loan. Doing so means that this tricky and time-consuming aspect of home purchase has already been dealt with, and that one can enter the market focused squarely on the best options. Getting pre-approved also puts you in the strongest possible place when it comes to negotiating the best deal.
On the surface, selling and buying real estate seems novel and even logical. What works against it is the manner in which the real estate market actually functions in India.
Pune has more hospitals, clinics and healthcare facilities per square kilometer than most other cities in Maharashtra. A cursory study of pricing trends indicates that residential properties which are near to good secondary schools appreciate better than others.
More Indian women are now determined to own their homes rather than just live in them. Women are the decision-makers. The final decision on a home purchase is taken by women for 80% of all purchases.
A comfortable driving distance from both Mumbai and Pune Lonavala is already in great demand. It is only a matter of time before Lonavala becomes an end-user driven residential market
India’s economy is once again on a sure footing, and people across the country are now confident about buying homes. Purchasing a home is of course a huge investment, and therefore not something where there can be any margin for error – and yet, things can and often do go wrong.
An integrated township project could comprise of residential plots, row houses, villas as well as low-rise and high rise apartments. However, it does not end with developing residential spaces. To attract home buyers to invest and live in these projects, it is imperative that physical and social infrastructure is also in place.
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