Real estate developers are sitting on around 7.85 lakh unsold housing units across eight major cities and it will take them 32 months to clear these stocks at current sales velocity, according to PropTiger. However, in Delhi-NCR residential market -- which has been adversely impacted due to defaults of many big builders like Amrapali, Jaypee Infratech and Unitech -- it will take 62 months to sell over 1 lakh unsold housing units. Housing brokerage firm PropTiger.com data showed that unsold housing inventory has increased to 7,85,260 units as on September 30, 2022 from 763,650 unsold units at the end of previous quarter.
Locals say leopards never attacked humans before, but the pattern seems to have broken with repeated skirmishes.
India and Bangladesh on Tuesday signed an interim water sharing agreement for Kushiyara river, the first such pact since the signing of the Ganga water treaty in 1996.
India seamer Mohammed Siraj meets CM Revanth Reddy after T20 WC triumph
Average housing price across eight cities rose 3-10 per cent year-on-year in July-September this year, while office rent grew up to 13 per cent on higher demand for properties, according to Knight Frank India. Bengaluru property market saw highest growth in average housing price as well as average office rent during the third quarter of the 2022 calendar year as compared with the corresponding period of the previous year, property consultant Knight Frank India said in its report 'India Real Estate - Office and Residential Market July-September 2022'. As per the data of primary housing market, the average price in Bengaluru rose 10 per cent to Rs 5,428 per square feet in July-September quarter from Rs 4,928 per square feet in the year-ago period.
'The border deal offers a hedge for India against Trump's unpredictability when it comes to his approach to competition with China.'
14 years after losing her family in the tsunami, Meghana Rajsekhar finally tasted her mother's rasam when her childhood cook invited her for a meal.
Cyclonic storm Fengal has commenced making landfall close to Puducherry and it may approximately take 4 hours for it to cross the coast completely, an India Meteorological Department (IMD) official said. The process of the cyclone's landfall commenced at about 5.30 pm on November 30. The IMD said the forward sector of spiral bands associated with the cyclone has entered into the land and is likely to move west-southwestwards and cross north Tamil Nadu-Puducherry coasts between Karaikal and Mahabalipuram close to Puducherry as a cyclonic storm with a wind speed of 70-80 kmph gusting to 90 kmph during next 3 to 4 hours.
'With India's growing capabilities in the space sector, this creates promising opportunities for enhanced collaboration and market access.'
Due to heavy rains and waterlogging over the tracks at several locations on South Central Railway network, as many as 99 trains were cancelled and four trains were partially cancelled while 54 trains were diverted, an SCR official said.
She said India was asked to waive diplomatic and consular immunity and cooperate in the investigation but refused.
A 14-year-old Dalit boy was allegedly tied up and beaten by a man on the outskirts of Hyderabad for plucking a pomegranate from his house, police said on Wednesday.
'All the big things happening today in economic development have their beginning in Dr Manmohan Singh's ideas.'
Dewald Brevis' brisk 57 and all-round show from Delano Potgieter - 12-ball 25 not out and 5/10 in three overs - powered them to a massive 97-run win in the tournament opener.
Bin Salman is currently on a State visit to India following end of the G20 Summit.
'Peninsular Indians could ask 'Why should we contribute half of India's tax revenues if we account for only a quarter of the seats in the Lok Sabha?'.' 'The rest of the country seems likely to counter that 'democracy means one vote per person irrespective of where that person resides in India'.' 'With no easy answers to this thorny debate, the south's economic ascendancy could end up creating a Hobson's choice.' A revealing excerpt from Nandita Rajhansa and Saurabh Mukherjea's book, Behold the Leviathan: The Unusual Rise of Modern India.
The housing inventory overhang in the top seven cities in India stood at a five-year low of 20 months at the end of the January-March quarter, data from real estate consultancy Anarock showed on Monday. It was the highest at 55 months in the quarter ending December 2020. The inventory overhang is the amount of time it would take to sell the current housing listings in an area. A lower overhang denotes higher demand in a particular area.
The child was apparently carrying a packet containing some food item when the dogs pounced on him, a Greater Hyderabad Municipal Corporation (GHMC) official said.
Sixteen people of a village in Medak district of Telangana were arrested for allegedly enforcing a social boycott on members of a Dalit family after they refused to play 'Dappu' (percussion instrument) during village ceremonies, police said on Tuesday.
The latest rains since Saturday evening led to lakes and other water bodies overflowing and triggering flooding of several low-lying areas, including places affected last week, in Hyderabad and on the outskirts.
Italian Prime Minister Giorgia Meloni on Friday said that she has separated from her journalist partner Andrea Giambruno.
Saibaba died at due to gall bladder infection and other complications.
On Saturday's episode of The Great Indian Kapil Show, Jr NTR and Janhvi revealed some fun anecdotes and behind-the-scene tidbits about Devara.
Housing sales have risen 49 per cent year-on-year to 83,220 units in the July-September period across eight major cities on pent up demand, despite rise in interest rates and property prices, according to PropTiger.com. Sales stood at 55,910 units in the same quarter last year. The sales have surpassed the pre-pandemic levels of 2019's Q3 (July - September), housing brokerage firm PropTiger.com said on Thursday in its quarterly report Real Insight Residential -- July-September 2022.
High-end apartments, penthouses, and bungalows boasting amenities like swimming pools, expansive driveways, and premium interiors are becoming highly sought after.
'He is one of the most down-to-earth and hardworking guys I know, and that's true of all superstars, including Bachchan sahab.'
Housing sales mostly declined during the first and the second wave of the coronavirus pandemic but prices did not fall in most of the cities but rather increased in some cities, according to the Economic Survey 2021-22. The pre-Budget document also highlighted that the housing demand recovered after both the waves on the back of pent up demand, low interest rates on home loans and reduction in stamp duty by some states. The survey has analysed the National Housing Bank's data on change in housing transactions in Q1FY21 (first COVID-19 wave) and Q1FY22 (second COVID-19 wave) over the pre-pandemic levels of Q1FY20. It also looked into change in housing prices index during this period.
Housing sales have jumped over two-fold during July-September period at 62,800 units across seven major cities on better demand driven by low mortgage rates and hiring in IT/ITeS sector, according to property consultant Anarock. Sales of residential properties stood at 29,520 units in the year-ago period and 24,560 units in the previous quarter. The seven cities tracked by Anarock are Delhi-NCR, Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune.
Prime Minister Anthony Albanese on Wednesday said that his Indian counterpart Narendra Modi would still travel next week to Australia despite the cancellation of the Quad leaders' meeting in Sydney and he is looking forward to welcoming him.
As controversy raged over Yati Narsinghanand's objectionable remarks against Prophet Muhammad, his supporters on Sunday alleged that the Dasna temple head priest is being illegally kept in detention by police, which denied the claim.
A 25 year-old Hindu man was brutally killed in broad public view in Hyderabad by his Muslim brother-in law and another person in a case of suspected "honour-killing," with the incident sending shock waves after the gory murder that was caught on camera went viral.
The state government has declared a holiday on Wednesday and Thursday for all private institutions, offices, non-essential services within Outer Ring Road here in view of rains.
The national real estate market presents an intriguing picture. Lower volumes and flat pricing serve as dampeners. Sales bookings across the top ten markets have seen 6 per cent growth year-on-year (Y-o-Y) between April and August 2024, but sales volume is down 8 per cent Y-o-Y. Unsold inventory is up.
The rains also led to waterlogging in the low-lying areas of the city, they said.
'Our Constitution as well as the Right to Education Act do not make any distinction between Indian or foreigner; it only talks about 'child'.' 'It says that every child has the right to get education.'
The Centre has accorded a security cover of armed Central Industrial Security Force (CISF) commandos for the Hyderabad premises of Bharat Biotech, one of the major COVID-19 vaccine manufacturers in the country, official sources said on Tuesday.
Arun Beereddy (37), a native of Telangana's Hyderabad, was arrested from Delhi. He handles the 'Spirit of Congress' account on X, the official said.
Housing sales are likely to rise by 30 per cent across seven major cities to nearly 1.8 lakh units in 2021, but demand will still be lower than the pre-COVID levels, according to property consultant Anarock. According to Anarock research, housing sales are expected to increase 30 per cent year-on-year (y-o-y) to 1,79,527 units across seven cities in 2021 from 1,38,344 units last year. In 2019, housing sales stood at 2,61,358 units across seven cities -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Pune, Bengaluru, Hyderabad, Chennai and Kolkata.
Fresh housing supply rose 43 per cent quarter-on-quarter across six cities during January-March to around 80,000 units, mainly driven by a revival in the demand for residential properties, according to proptech firm Square Yards. Technology-led real estate consultant Square Yards sells homes on behalf of builders and facilities home loans to consumers. In its report 'India Residential Overview: Jan-Mar 2022', Square Yards has covered Hyderabad, Bengaluru, MMR (Mumbai Metropolitan Region), Pune, Noida and Gurugram.
India's residential market is expected to sustain demand momentum despite rise in mortgage and property rates as sales this year across the top 7 cities are likely to breach pre-pandemic level of 2.62 lakh units, industry players said. After braving four back-to-back disruptions in form of demonetisation, RERA, GST and COVID-19 in the last 6 years, industry experts feel the housing market is going through a lot of structural changes and is now at the start of a long-term upcycle. Homebuyers body FPCE gives credit to the Real Estate Regulatory Authority (RERA) under the Real Estate (Regulation & Development) Act, 2016 for this improved buying sentiment.
