APN News

  • Monday, April, 2024| Today's Market | Current Time: 07:51:28
  • Noida ahead of Gurugram in office absorption

    Demand for Grade A office spaces and compact office spaces increasing For four consecutive quarters, Noida has topped the rankings as the best performing market in the Delhi NCR in terms of net office space absorption. According to JLL India, the Delhi NCR saw net absorption of 1.07 million sq ft (MSF) in the January-March […]

    Shankarpally, an Emerging Real Estate Hotspot in Hyderabad

    Hyderabad: Demand for plotted developments and villas has witnessed a rise in the western parts of Hyderabad after the pandemic. The rise has been particularly noticed in upcoming urban locations such as Shankarpally where infrastructure development has been on an upward trend. Shankarpally which shares proximity to other peripheral developed regions such as Kokapet, Gachibowli and […]

    WFH, stamp duty cuts and discounts luring many to buy homes

    Gurgaon: Covid-induced regime of remote work and schooling, spurred by stamp duty cut, developer discounts and a dip in housing loan rates, seem to be luring many to go for their own homes — at least in NCR cities. This inference can be drawn from the latest report by property consultants Anarock. According to the pan-India housing sales […]

    RBI’s status quo on repo rate mean low home loan rate stay, good for the sector: Realtors

    The Reserve Bank of India (RBI) has maintained the policy rate at 4% and voted unanimously to keep the status quo with an accommodating stance. The RBI’s decision to keep key policy rates unchanged means that low-interest rates on home loans will continue, but real estate developers believe that more steps directed at real estate […]

    Union Housing & Urban Affairs Secretary, Durga Shanker Mishra launches Housing.com-ISB’s Housing Pricing Index

     Leading online real estate portal Housing.com along with the global business school, Indian School of Business (ISB), on Monday announced the launch of its Housing Pricing Index (HPI), an indicator of economic activity in real-estate, the second-largest employment generating sector in India after agriculture. Launched during a virtual meet attended by Union Housing & Urban Affairs Secretary, Durga Shanker Mishra and […]

    One Year of COVID – Pune Housing Market Holds its Ground

    by Akash Pharande, Managing Director – Pharande Spaces Despite the Covid-19 pandemic’s onslaught for more than a year now, the Pune residential market has remained resilient. Notably, Pune was among the worst-affected cities in not just Maharashtra but the entire country during both waves. Naturally, this has impacted the city’s economy in almost all sectors. […]

    Habitat for Humanity of Greater Plymouth Closes on Latest Two Homes

    PLYMOUTH, CARVER, KINGSTON:Habitat for Humanity of Greater Plymouth, Inc. (HFHGP; www.hfhplymouth.org), a nonprofit organization with a mission of providing decent affordable housing in the region, is proud to announce the transfer of two homes from the organization to selected Habitat partner homeowners. Habitat for Humanity of Greater Plymouth had been building four homes concurrently at different […]

    Herrick Lutts Realty Partners completes sale of three unique real estate properties in Salem, MA

    BEVERLY and SALEM, MA :Herrick Lutts Realty Partners, an established commercial and residential real estate firm which has served the North Shore for over 25 years, recently completed the successful sale of a Rooming House located in Salem’s McIntyre Historic District, at 6 Munroe Street. This was one of three transactions recently completed in the […]

    Bengaluru Real Estate – A Post-COVID-19 Snapshot

    Despite the pandemic, the city saw property prices rise by 2% – from INR 4,975 per sq. ft. in Q1 2020 to INR 5,060 per sq. ft. in Q1 2021 Bengaluru saw total sales of approx. 8,670 units in the first quarter of 2021, while its unsold inventory declined by 7% in a year Stamp […]

    64% of outdated Grade A office space in India presents an estimated INR 5,500 crores of untapped investment value: JLL

    Mumbai:Real estate investors and landlords are missing income opportunities and cost savings as their assets age in Asia Pacific, says JLL (NYSE: JLL). Half of investment properties in prime locations in Asia Pacific are over 20 years old, leading the real estate firm to forecast that there is over USD 40 billion worth of unrealised value in […]