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NABARD unveils Climate Strategy 2030 to mobilise green financing

NABARD unveils Climate Strategy 2030 to mobilise green financing
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RBI Monetary Policy 2024: Unchanged interest rates to encourage homebuyers to invest in real estate; boost housing sales

Housing sales hit record high in Jan-March quarter, top 7 cities register 14% jump YoY

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.

India real estate: Residential sale in FY24 reached a decadal high with almost 5 lakh units sold

The Indian housing market saw record-breaking sales in Q4FY24, with 130,170 units sold across the top 7 cities, marking a 14% yearly increase. Total sales for FY24 reached 492,900, a 30% rise from the previous year. Despite new launches surpassing 100,000 units, inventory dropped by 7% annually. Notably, NCR witnessed the highest decline in unsold stock.

Dwarka Expressway Inauguration: Dwarka Expressway to further boost real estate prices in the region, ET Auto

Dwarka Expressway Inauguration: The inauguration of the Dwarka Expressway by Prime Minister Narendra Modi is expected to boost realty prices in the region, particularly in Gurgaon. Developers, including Sobha, Raheja, Signature Global, M3M, Godrej, and Hero Realty, have projects along the corridor. The completion of the expressway is anticipated to reduce unsold inventory levels and drive demand in the region.

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