Real estate consultant Anarock data showed that number of unsold units in Delhi-NCR fell to 94,803 units at the end of last year from 1,23,692 units in 2022-end.
Indian global telecommunications company Tata Communications is all set to sell two prime properties (residential, staff quarters) in Mumbai for Rs 400 crore
Sales volume of residential properties in major cities have dropped by 10-15% due to rising home loan rates, property consulting firm CB Richard Ellis (CBRE) said today. However, there has not been any drop in sale price of properties in big cities as developers are holding onto the current rates, it said.
After successfully raising Rs 520 crore in June, 2011, ASK Property Investment Advisors (ASK PIA), now plans to raise Rs 480 crore from high networth individuals (HNI) to invest in residential properties.
Housing prices have declined in eight major cities by up to 15% during January-March period of this year due to a slowdown in property demand, according to the latest data of the National Housing Bank.