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While the rate cut is a strong positive for real estate, especially for affordable housing, much now depends on how well it can adapt to higher input costs and ongoing global uncertainties
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Hyderabad has now won the dubious distinction of being the only city among major metros of the country, to have its unsold property stocks go up sharply
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The answer to the 'rent or buy' question keeps changing as the Indian housing market evolves
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Between 2023 and 2024, Hyderabad was the only city to see the average flat size decrease by 9%
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According to Anarock data, last year saw sale of at least 59 properties, priced over Rs 40 crore, across the country with Mumbai walking away with the lion’s share of 52 units
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Hyderabad’s property market that flourished over the decade, growing leaps and bounds and encompassing wide swaths of hitherto untapped acreages on the city outskirts and beyond, is now in a quandary
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Anarock’s report reveals that a total of 25 ultra-luxury homes were sold across major Indian cities, including Mumbai, Hyderabad, Gurugram, and Bengaluru, during January-August.
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In 2019, the average price in Kokapet was Rs 4,750 per sq. ft., which surged to Rs 9,000 per sq. ft. by the first half of 2024
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Hyderabad appears to be dropping out of realty radar with a drastic drop in sales, which Anarock data puts at 23 per cent.
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The once-booming rental markets in India's top cities are now showing signs of stabilization due to a surge in housing supply.
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Meanwhile, the National Capital Region (NCR) saw a surge in luxury home sales, marking a notable trend reversal from five years ago.
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Similarly, Gachibowli saw rents increase from Rs 23,400 at the end of 2022 to Rs 30,500 by the end of 2023 and then to Rs 32,000 in Q1 2024.
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The city-wise price trends reflected an escalation from Rs 4,620 per square foot in 2022 to Rs 5,750 per square foot in 2023.
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Buoyed by robust housing demand, this surge signifies a significant shift in the city's real estate landscape.
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According to the ANAROCK survey, 47 percent of respondents expressed a strong inclination towards 2BHK units, while 45 percent favoured the slightly larger 3BHK homes
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Hyderabad has the highest average flat size at approx. 2,200 sq. ft. in Q1 2023, followed by NCR with approx. 1,700 sq. ft
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In a new and emerging trend, more and more young women are found to be evincing interest in investing in property
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Bengaluru, Hyderabad, and Chennai collectively saw about 81,580 units completed in 2022, against 63,870 units in 2021
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Prefer peripheral areas where they can buy bigger homes with better lifestyle amenities at lower prices: Study.
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Hyderabad saw a 130 per cent jump in overall housing sales values in this period – from Rs 6,926 crore in H1 FY22 to Rs 15,958 crore in H1 FY23.