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Developers snap up 58% more land in FY24 amid rising residential demand

In 2023-24, developers and entities finalised 101 land deals totaling 2,989 acres in India, driven by high residential demand. Major deals occurred in top cities, with tier 2 and 3 cities also showing growth potential. Notable increases were seen in residential, plotted development, and township projects, reflecting a buoyant market. ....

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Real Estate Talk: Rising Interest Rates Won

The housing market in India will remain resilient to higher interest rates and a weak global economic outlook, said a Reuters poll of property analysts who predicted almost the three months back. It is said that despite a global trend of falling housing prices and rising mortgage rates, India has exhibited resilience is emerging from a decade-long downturn due to strong demand. aaa ....

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