Barfoot & Thompson has continued its expansion within the upper North Island following its acquisition of Whangamata Real Estate. This follows closely on the heels of the opening of two Residential Sales offices in Tauranga - Cherrywood and .
Management Buy-Out at one of Northamptonshire's most established Estate Agents. northamptonchron.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from northamptonchron.co.uk Daily Mail and Mail on Sunday newspapers.
A total of 97 land deals covering 2,707 acres were closed across India in 2023, up from 82 deals covering 2,508 acres the previous year. Around 72% of the land is expected to be used for residential development. Ahmedabad saw the largest land transaction and the highest land area transacted, while Bengaluru and the Mumbai Metropolitan Region (MMR) also had significant activity. Tier 2 and 3 cities also saw several land deals closed for various development purposes.
In 2024, the growth trajectory is likely to continue and the residential sales is expected to be around 300,000-315,000 units, registering a 10-15% on-year growth with the assumption that Indias current GDP growth would sustain with a range bound inflation in the economy and a decrease in home loan interest rate by 40-50 bps during the year, said a JLL India analysis.