Srijan Global Haat is a commercial project by Srijan Realty, a residential and commercial developer in Kolkata. It is located at Ankurhati, NH 6, Howrah. It is an innovative Haat designed to showcase and promote traditional and contemporary garments. This project aims to bridge the gap between Ostagars and a global audience. It provides a unique marketplace for wholesale and retailers. If you are...
The City of Joy is witnessing a boom in its residential real estate sector. According to recent data, property registrations in Kolkata saw a staggering 64% increase in February 2024 compared to the same period in 2023. This significant rise signifies a robust recovery in Kolkata's home sales market fueled by a surge in demand for affordable housing options. In this blog, we will discuss the buying...
In 2023, the Indian real estate sector experienced unprecedented growth, marked by a remarkable surge in annual sales. Notably, there has been a significant shift in the preference for residential properties, with Indians increasingly opting for higher-end accommodations. According to a report released by a real estate consultancy last year, there was a substantial increase in the purchase of luxury...
The real estate sector in India is undergoing a significant evolution by the extensive expansion of metro projects across various cities. With urbanization on the rise and infrastructure development taking priority, metro projects are playing a crucial role in shaping the real estate landscape nationwide. As cities expand and populations increase, the demand for efficient transportation solutions becomes...
In 2023, the Indian real estate market reached new heights. More homes were built and sold, showing a big improvement compared to previous years. Experts predict this trend will continue in 2024. Despite challenges, the real estate market in India has remained stable. It makes investors happy. However, positive predictions and steady growth show that the market will keep going strong in 2024 and beyond....
Real estate experts believe that the expectations before the budget in the real estate sector are like seeds planted in good soil. They think that each new policy announced in the budget could lead to many opportunities. Investors, developers, and homeowners are all waiting eagerly for the budget announcement. They hope that the budget will not only solve problems but also help the real estate industry...
Industry experts predict that the positive growth in home buying seen in 2023 will continue into 2024. CBRE forecasts sustained demand for mid-end and budget/affordable housing projects (priced between Rs 45 lakh to Rs 1 crore) consistent with recent trends. Premium and luxury segments (priced from Rs 2 crore to Rs 4 crore and above) are also expected to see robust real estate growth. This market...
In the third quarter of 2023, India rose by 18 positions to secure the 14th rank in Knight Frank's global house price index. The country experienced a 5.9% year-on-year increase in home prices, indicating notable upward momentum. On a global scale, home prices in the 56 markets analyzed by Knight Frank's Global House Price Index grew by an average of 3.5% year-on-year in September 2023, compared to a 2.2%...
According to JLL(Jones Lang LaSalle Inc)'s report on the Home Purchase Affordability Index (HPAI), it is anticipated that home buying affordability will see a positive shift in 2024. This projection is based on the expectation of a 60-80 bps repo rate throughout the year. As a result, this adjustment is poised to maintain buyers' affordability well within a comfortable range, ensuring ongoing market...
Government policies play a crucial role in shaping the real estate sector. This legislative framework holds immense importance and can directly influence property prices and demand. Let’s understand how fundamental government policies impact the real estate market is key to comprehending its dynamics and outcomes on property values and market interest. How Government Policies Influence the Real...