Housing sales remained healthy and hit a new nine-month (January-September) peak in 2024, with close to 230,000 homes across the top 7 cities worth Rs 380,000 crore sold during this period.
This translates into 363.2 million sq ft of space sold during January-September 2024, according to the JLL report.
The surge represents significant economic impact and consumer confidence in urban real estate. Top seven cities (Delhi-NCR, Mumbai, Pune, Kolkata, Chennai, Bengaluru and Hyderabad) cities lead nationwide trend, indicating concentrated development in key metros.
Bu hikaye The Statesman dergisinin December 07, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The Statesman dergisinin December 07, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Maruti Suzuki to hike car prices upto 4 per cent from January
Maruti Suzuki is set to increase the prices of its car from January. The company said the move is to offset the impact of rising input costs and operational expenses.
Withdraw your PF directly from ATMs Starting next year: Labour secretary
The Labour Ministry is upgrading its IT systems to provide enhanced services to the country's massive workforce.
ADB lowers India's economic growth forecast to 6.5 pc for current fiscal
The Asian Development Bank (ADB) on Wednesday lowered India's economic growth forecast to 6.5% for the current financial year due to lower-than-expected growth in private investment and housing demand.
Policy continuity will be priority: RBI chief
Sanjay Malhotra also reaffirmed his commitment to financial inclusion
Stock market remains rangebound; IT, auto, and FMCG stocks gain
Stock market on Wednesday remained rangebound for the fourth consecutive session with IT, auto, and FMCG stocks gaining; energy lagged behind.
Attempts should be made to restore global calm: Nirmala Sitharaman
Outlining the priorities of the economy for the next decade, Nirmala Sitharaman on Wednesday said attempts should be made to restore global calm and normalcy and noted that war or any form of disruption should be avoided.
Biden approves national security memo ahead of Trump's return
President Joe Biden has approved a new national security memorandum ahead of Donald Trump's return to the White House that could serve as a road map for the incoming administration as it looks to counter growing cooperation among China, Iran, North Korea and Russia, the White House said Wednesday.
Taiwan demands that China end its military activity in nearby waters
Taiwan's military has detected Chinese ships since Monday, both off Taiwan and farther out along the first-island chain; Taiwanese media had said as many as 90 Chinese vessels are involved overall
Australian police launch a special operation to investigate increased antisemitic attacks
Australian federal police launched a special operation to investigate an increase in antisemitic threats and violence since the war between Israel and Hamas began last year.
Philippine vice president skips hearing into threats she made against the president
The Philippine vice president on Wednesday skipped the first hearing into threats she made against President Ferdinand Marcos Jr., saying she did not believe the investigation will be fair.
