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SAMIL to purchase 81% of Honda Motor subsidiary for Rs 10.59 bn
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Dubai's Housing Market Soars: 55% More Deals, 44% Sales Value Jump
During the October–December 2024 quarter, Dubai’s residential market recorded 33,110 registered transactions, representing a 55 per cent year-on-year (Y-o-Y) increase compared to the 21,405 transactions recorded during the same period in 2023. This growth in annual activity demonstrates strong buyer interest, while the minor quarterly adjustment indicates a steady, healthy market. The registered home sales value (GTV) for the quarter reached AED 65.23 billion, marking a 44 per cent Y-o-Y increase over the AED 45.45 billion reported in October–December 2023. Average registered home sales ..
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Rising Rents Boost Homeownership Appeal: Magicbricks
Magicbricks, India’s leading real estate platform, has unveiled new insights highlighting a significant surge in rental values across key Indian cities, making renting increasingly unaffordable for end-users. The Rent to Price Growth Differential (RPGD) indicates that cities where rental appreciation has outpaced capital value growth—such as Mumbai (3.61), Greater Noida (2.27), Delhi (2.12), Chennai (1.76), and Ahmedabad (1.46)—are becoming costlier for tenants. As rents soar, more tenants may be encouraged to reconsider homeownership as a more financially viable alternative. According ..
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Nagpur Leads in RERA-Compliant Housing
The latest research by eXp India has shown that Nagpur tops the table as the city with the most RERA compliant homes listed for sale in the current market, whilst Delhi is home to the lowest level. eXp India analysed the current market looking at property listings across 15 major cities and what proportion of the properties on sale were marked as RERA compliant.* The Indian real estate market has undergone dramatic change since the introduction of the Real Estate (Regulation and Development) Act (RERA), 2016, as it has provided a much-needed regulatory framework to help protect homebuyers an..