Among the key markets, Mumbai Metro Region (MMR) continued to lead the pack with 42,920 units absorbed during Q1, 2024 - which was 24% higher than 34,690 units in the corresponding quarter previous year.
Hyderabad & Bengaluru lifts India's housing market as launches dry up businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
Shares of real estate firms have been outperforming over the past year.
The rally, analysts say, may hit roadblocks in the near term amid stretched valuations, even as the long-term prospects for the sector remain ebullient. Most of the positive news flow is already in the price. Hence, investors sitting on hefty profits may partially cash out at current levels, suggests V K Vijayakumar, chief investment strategist at Geojit Financial Services.
Amazon Web Services (AWS) continues its focus to provide essential infrastructure to local communities in Thane, Maharashtra. Its latest effort is towards the renovation and beautification of the Thane Municipal School (school no. 4/60/112) as part