The demand for pre-move-in homes is way higher than the supply of new ones. That’s according to the latest survey from housing.com and Naredco. It looks at consumer sentiment from January to June 2023 and found that 48% of people prefer real estate investment over other options like stocks, fixed deposits, or gold. Even though income projections are lower, real estate is still the top choice for 48% of people. The G20 summit is expected to have a positive effect on the economy and could shape India’s real estate market through policies, investments, and sustainability.… Read more
Shortlets vs. Hotels: The Battle for Accommodation Supremacy in India!
India, with its diverse culture, rich history, and stunning landscapes, is a country that attracts travelers from around the world. Whether you’re visiting for business, leisure, or exploration, finding suitable accommodation is a crucial aspect of planning your trip. In recent years, the concept of shortlets has gained popularity as an alternative to traditional hotel stays. But what exactly is a shortlet, and how does it differ from hotels in India? Let’s delve into the details.… Read more
2023: Dubai’s Property Boom Leaves Expats Feeling the Heat!
The average price of an apartment in Dubai has increased by 20% over the past year and a half, the biggest increase in almost a decade, CBRE Group reported Monday. According to CBRE, off-plan sales, which are undeveloped properties purchased directly from a developer, increased by 58.7% in August 2023 compared to the same month last year, while sales of existing properties decreased by 10.2% in August. CBRE’s latest report, “Dubai Residential Market Snapshot,” shows the highest growth in apartment sales since November 2014. … Read more
The Real Estate Market in India Attracts More Attention from Global Investors!
Despite the global recession, India’s real estate sector has remained resilient. Q-o-q demand growth across asset classes has continued to outpace the rest of the market, making the real estate sector the most sought-after instrument by global investors. As a result, several global sovereign wealth funds accelerated their investments in India, driving the sector’s upward growth trajectory. The Indian real estate sector attracted 43% of global institutional investment in the first six months of 2023, led by the office segment. Despite a difficult global economic environment, these investments account for 75% of total inflows in 2023, showing the resilience of the real estate sector and its attractiveness to institutional investors.… Read more
Pune’s Real Estate Brilliance: Key Findings from the CRE Matrix Report!
According to the recently released CRE Matrix report by CREDAI Pune Metro, Pune is now the most popular destination for real estate investment and has the lowest real estate prices among metropolitan cities. The report was presented at the Member Support Conference held at CREDAI Pune Metro Auditorium. … Read more
Making Every Dirham Count: Best Places for Affordable Properties in Dubai!
Dubai is one of the most popular cities in the world to buy property, but it can also be one of the most expensive. However, there are a number of affordable places to buy property in Dubai, if you know where to look.… Read more
Tech Meets Real Estate: Exploring the PropTech Phenomenon!
In a world where technology is rapidly changing the way we live, work, and play, it’s no surprise that the real estate industry is also undergoing a significant transformation. This transformation is driven by the rise of PropTech, a portmanteau of “property” and “technology.” PropTech refers to the use of technology to enhance and streamline various aspects of the real estate sector, from property listing and transactions to property management and investment. In this blog, we’ll explore how PropTech is reshaping the real estate industry.… Read more
Luxury Living on the Rise: Key Factors Fueling India’s Property Market!
The Indian real estate landscape has witnessed a notable surge in luxury housing sales in recent years, defying conventional economic trends. While the luxury real estate segment has always been associated with prestige and opulence, several factors are contributing to the sustained demand for high-end properties in India. In this blog, we’ll delve into the key factors driving the surge in luxury housing sales across the country.… Read more
A Balancing Act: Challenges vs. Opportunities in Indian Real Estate!
The Indian real estate sector, a significant contributor to the country’s economy, has seen its share of challenges and opportunities. As a dynamic industry, it is influenced by various factors, including government policies, economic conditions, and market trends. In this blog, we’ll delve into the key challenges faced by the Indian real estate sector and explore the opportunities that lie ahead.… Read more
Couples’ Guide to Dubai Rentals: Discovering the Perfect Place!
Dubai, with its stunning skyline, luxurious lifestyle, and diverse expatriate community, is an exciting city for couples to call home. Whether you’re newlyweds starting your life together or a couple looking to rent a new place in Dubai, the city offers a range of neighborhoods to suit your preferences. In this blog, we’ll explore some of the top rental areas in Dubai that are perfect for couples.… Read more