[INDIA REAL ESTATE NEWS] Good morning everyone I am Rumi Dhar from Kama Group.|
Here I have important INDIA real estate news to share with you which is as mention under.
The latest reduction in interest rates has led to increased affordability, now at 3.79 times
one’s annual income, and this is the best time to buy a home, according to the Gera Pune
Residential Realty Report released on Wednesday.
The report is based on research which considered the top 20 developers in Pune in terms of
brand name and repute. “Post-RERA and despite the Covid-19 pandemic, the share of the top
and reputed developers in the market has increased. From July 2019 to June 2020, their sales
account for almost 25 per cent of the total sales. The trend of large projects being launched
continues. The number of projects with a size greater than 500 units has further increased
to 138. This number almost doubled in the last six years,” the report added.
The total number of live projects being built has fallen significantly to 3,076 in June 2020
from 3,471 as on June 2019. Total inventory available for sale at 75,421 units as on June
this year has moved up marginally, indicating that the average size of each project has
Read more at:https://www.thehindubusinessline.com/news/home-affordability-at-a-9-year-high-gera-pune-residential-realty-report/article32020578.ece
Have a nice day