chat button
image
  • Oct 06, 2023

Indian Real Estate Market Expected To Grow At 8.3% CAGR Between 2023-2027

According to a recent report by Mordor Intelligence, the Indian real estate market is expected to grow at a CAGR of 8.3% between 2023-2027. The growth is attributed to factors such as increasing urbanization, rising disposable incomes, and government initiatives such as the Smart Cities Mission and Housing for All.

India's Real Estate Sector Sees 60% Jump In Funding In Q2 2023

Venture capital and private equity investments in India's real estate sector rose 60% in the second quarter of 2023, according to a report by JLL. The total investment in the sector during the quarter was $1.2 billion. The report attributes the increase in investments to the government's focus on infrastructure development and the growing demand for commercial and residential real estate.

India's Housing Market Sees 7% Decline In Sales In Q2 2023

India's housing market saw a 7% decline in sales in the second quarter of 2023, according to a report by PropTiger.com. The total number of units sold during the quarter was 2.24 lakh. The report attributes the decline in sales to rising interest rates and inflation.

Indian Real Estate Sector Attracts $6.1 Billion In Foreign Direct Investment In FY23

India's real estate sector attracted $6.1 billion in foreign direct investment (FDI) in FY23, according to the Department for Promotion of Industry and Internal Trade (DPIIT). The FDI inflows in the sector were up 5% from the previous year.

Indian Government Launches New Affordable Housing Scheme

The Indian government has launched a new affordable housing scheme called the Pradhan Mantri Awas Yojana (PMAY) Urban 3.0. The scheme aims to provide affordable housing to 1.2 million urban poor families by 2025. The government has allocated Rs. 5.04 trillion for the scheme. 

Stay In Touch

Kindly enter your Email ID to subscribe to our newsletter