The average price of newly launched residential projects in India’s top 10 cities has surged by a staggering 88 per cent over the past five years, according to a report by real estate data analytics firm PropEquity released on Monday. Gurugram witnessed the most dramatic price growth, with average prices catapulting by 160% from Rs […]
As the festive season graces India, the real estate market is poised for its traditional surge, fuelled by developer incentives and strong economic indicators. This year, a confluence of factors, including evolving buyer preferences and robust infrastructure development, is driving growth, particularly in emerging luxury hotspots like Gurugram. CBRE’s Festive Season Residential Outlook 2024 predicts […]
Insured losses for Hurricane Helene are now estimated at over $6 billion, but the uninsured losses are far higher. That’s because the vast majority of homes impacted by the storm, especially in hard-hit North Carolina, did not have flood insurance. New risk-assessment technology is designed to help change that for the future. Most homeowners in […]
The average rate on the 30-year-fixed mortgage jumped 27 basis points Friday morning following the release of the government’s monthly employment report. The rate is now 6.53%, according to Mortgage News Daily. That is 42 basis points higher than Sept. 17, the day before the Federal Reserve cut its benchmark rate by half a percentage […]
The twin cities of Noida and Gurugram have done exceptionally well in terms of infrastructure development. NCR remains the only market in the September quarter where new launches have exceeded sales. Written by Sanju Bhadana: The national capital region (NCR) has recorded a significant growth in new property launches in the past one year. This […]
