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Realtors build hopes on new cities, more launches after tepid H1
Financial Express Pune|December 13, 2024
EXPERTS SAY DEMAND HIGH, BUT PRICING KEY TO SALES
- RAGHAVENDRA KAMATH

REAL ESTATE COMPANIES are looking to increase the number of project launches and add new cities to boost bookings in the second half of FY25, following a muted first half due to elections and other factors.

Most developers are banking on geographical expansion, while others plan to augment the supply of mid-income housing projects for higher bookings.

Prestige Estates Projects has lined up launches across its key markets such as Bengaluru, Hyderabad, Mumbai, Goa, and Chennai, in addition to a large project in Delhi-NCR, said Irfan Razack, its chairman and MD.

These projects are worth almost ₹30,000 crore of gross development value (GDV) and these will drive the sales for the next four months, he said.

"The demand remains very strong and all we need to do is get the right product to the market at the right price," Razack said.

هذه القصة مأخوذة من طبعة December 13, 2024 من Financial Express Pune.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 13, 2024 من Financial Express Pune.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من FINANCIAL EXPRESS PUNE مشاهدة الكل
Financial Express Pune

EU escalates pressure on Apple to open up features to rival firms

The EU's European Commission has pressed Apple Inc. to further open up the iPhone operating system to rivals, prompting the company to complain about requests from Meta Platforms Inc. that it says will undermine privacy.

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1 min  |
December 20, 2024
Financial Express Pune

Bollywood's investments in startups decrease sharply to $3.6 mn in 2024

INVESTMENTS BY BOLLYWOOD celebrities in startups came down sharply in the current calendar year to $3.6 million against $28.5 million last year, data shared by Tracxn showed.

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1 min  |
December 20, 2024
Financial Express Pune

EU escalates pressure on Apple to open up features to rival firms

CHANGING DYNAMICS OF WEARABLES INDUSTRY

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2 mins  |
December 20, 2024
Financial Express Pune

India-Pak ICC matches at neutral venues

THE DEADLOCK OVER the hosting of next year's Champions Trophy finally ended on Thursday when the ICC announced that India will play their matches of the 50-over event at a neutral venue instead of host country Pakistan, which will get a similar arrangement for tournaments to be held in India till 2027.

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1 min  |
December 20, 2024
Financial Express Pune

Mumbai and Dubai top travel searches: Report

MUMBAI AND DUBAI emerged top searches for travel destinations and visa-free travel like Almaty and Kenya became traveller favourites in 2024, fintech firm One97 Communications - owner of Paytm brand said on Thursday.

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1 min  |
December 20, 2024
Financial Express Pune

State-run firms commit big investments in Bihar

The Bihar Business Connect 2024 summit evinced huge corporate response on Thursday with some top state-run firms making major investment announcements, including the plan to establish a maiden nuclear power project in the state.

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1 min  |
December 20, 2024
Financial Express Pune

Hyundai to equip product range with Amaron batteries

HYUNDAI MOTOR INDIA on Thursday said it will equip its domestic product line-up with Amaron's battery technology.

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1 min  |
December 20, 2024
Financial Express Pune

HDFC Securities sets Nifty target at 26,482 for 2025

HDFC SECURITIES EXPECTS 2025 to be a difficult year amid high valuations, with the benchmark Nifty 50 index likely to rise up to 26,482 points.

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1 min  |
December 20, 2024
Financial Express Pune

India's job market poised for 9% growth in 2025

HIRING ACTIVITIES IN 2025 are likely to witness a 9% growth in the country driven by sectors, including IT, retail, telecommunications and banking, financial services, and insurance (BFSI) sectors, a report said on Thursday.

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1 min  |
December 20, 2024
Financial Express Pune

Book Rahul Gandhi for assault: BJP to police

THE SHOWDOWN ON the premises of Parliament on Thursday reached police within hours with the BJP accusing Rahul Gandhi, Leader of Opposition in Lok Sabha, of \"physical assault\" and \"incitement\" while the Congress, in a counter-complaint, alleged that BJP MPs caused injuries to Mallikarjun Kharge, Leader of Opposition in Rajya Sabha, by pushing him to the ground.

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1 min  |
December 20, 2024

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