Latest news with #PropEquity
Mint
28-07-2025
- Business
- Mint
₹200 crore to retire? How social media is making us all deluded about money.
I recently conducted a leadership workshop where I asked a group of 30-something middle managers, 'What is your FIRE number?" FIRE stands for 'financial independence, retire early', and your FIRE number is how much money you would need to retire right now. What's interesting is that the median answer was ₹200 crore. That got me thinking about how many people have unrealistic goals, and where else this kind of collective delusion shows up. Let's look at the most common areas. Investment myths Another common myth is related to the state of real estate in India. The popular narrative is buying property is a once-in-a-lifetime opportunity, and that there is huge demand and limited supply. But according to PropEquity, residential housing sales declined by 9% in 2024 compared to 2023. Only the super-premium segment seems to be growing and garnering all the media attention. According to Anarock, real estate inventory is still hovering around 12-16 months, which is considered a highly liquid market. If you can put aside the narrative and be patient, it's still a buyer's market. Similarly, many people believe the stock market is a magical place that gives you a 20% return every year. However, stock market returns are highly volatile and provide a return in line with India's nominal GDP, which is in the range of 9 - 12%. Futures & options is another space that many claim to have cracked. But according to a Sebi report, 93% of retail investors lost an average of ₹2 lakh each in FY22-24, for ca ollective loss of more than ₹1.8 trillion. Only 1% of individual traders managed to earn profit exceeding ₹1 lakh after adjusting for transaction costs. 'College is overrated' Another common delusion relates to education. There are stories of influencers who dropped out of college and now own a ₹40-crore business empire. The first thing to note is there is no way to verify such stories. Even if it were true, this would be an extreme outlier. A quality education from a tier-1 institute offers a good quality of life and a safety net to boot. True, social media is the main culprit behind these collective delusions. There are short videos in which unicorn founders speak eloquently about unit economics, scale and building a profitable business. Ironically, their unicorn businesses have never generated a rupee in profit or positive cash flow. There are also videos in which young people are asked how much they expect their future spouse to earn. Some proudly said, ' ₹100 crore a month." Somebody should ask them a follow-up question: 'How many zeros are there in 100 crore?" Such delusions are truly damaging to common sense. At the end of the day, we are all living in a bubble that represents 0.01% of India. It is important to step out and talk to regular people – your security guard, the person who sells you coconut water, or your auto driver – to realise basic common sense is worth much more than ₹200 Das is the author of 'How Business Storytelling Works' and 'Why your strategy sucks'.
Hans India
26-07-2025
- Business
- Hans India
Residential plot launches hit slow lane in Hyderabad
Hyderabad: New launches of housing plots have been more than halved in Hyderabad during a period of one year. The city based real estate developers have launched 20,902 residential plots in 2024 which was 54 per cent less when compared to 44,974 units launched in 2023, according to a report by property data analytics firm PropEquity. In 2023, Hyderabad was the top city across tier I and tier II cities in India with the highest number of residential plots launched, while it has become third in the list next to Indore and Chennai with 26,538 units and 22,745 units respectively in 2024. As per the report, nearly 4.7 lakh residential plots across the top 10 cities have been launched by developers between 2022 and 2025 (till May). Hyderabad, Bengaluru and Chennai were the only tier I cities that featured in the top 10 accounting for the supply of nearly 2.25 lakh residential plots or 48 per cent supply share. The realtors in the top seven tier II cities have supplied 2.43 lakh plots, accounting for 52 per cent share. In the first five months of 2025, 45,591 plots have been launched, which is 36 per cent of the supply in 2024. Samir Jasuja, CEO, PropEquity, said, 'The estimated launch value of the residential plots in top 10 tier I and II cities between 2022 and 2025 (May) is more than Rs. 2.44 lakh crore. The residential plots have emerged as a safe haven for investors looking at them for self-use or investment post-pandemic owing to their liquidity, faster appreciation and desire to customise their living space.' 'The residential plot market saw heightened interest since 2022 as investors chased higher returns and developers looked for quick cash flow. For developers, the residential plots generate quick cash flow as they involve faster sales and less upfront investment as compared to apartments. The demand for plots was quite pronounced in tier II cities and top southern cities,' he said. The CEO further said, 'As the demand for apartments/ floors/ villas has shown some signs of weakness in the first half of 2025, the shift of investment towards plots is very likely going forward. Bengaluru in tier I, and tier II cities like Indore, Raipur, Coimbatore and Mysore have seen robust price escalation in 2024.'
Mint
23-07-2025
- Business
- Mint
REALITY Of Gurugram's Real Estate Market Decoded: Is It A House Of Cards?
Updated: 23 Jul 2025, 02:52 PM IST Livemint Is Gurugram's property market a house of cards, ready to collapse with a small push? Is the price rise of 300% since 2021 that Gurgaon has seen too much, too soon? Most importantly, should YOU stay away from this overheated market? It can be confusing, especially because influencers are giving opinions and there is fear gripping the market. However, does this fear have a solid base or is it just a theory? What are the numbers saying? In this video, we analyse EXACTLY that for you - the hard numbers and data. Tune in to watch Manisha Natarajan's conversation with PropEquity founder Samir Jasuja on this episode of Let's Get Real! Copyright © 2025 HT Digital Streams Ltd All Right Reserved
Indian Express
18-07-2025
- Business
- Indian Express
Are Gurgaon real estate prices about to crash? Here is what experts say
There has been concern in some quarters that residential real estate prices in Gurgaon are very high. While experts that The Indian Express spoke to are divided on their analysis of the market, there does seem to be consensus on the fact that prices will stabilise for some time now, in the aftermath of massive price increases in recent years. Average prices in Gurgaon's residential property market have surged by 67% over the last two years, going from Rs 9,718 per sqft in Q2 2023 to Rs 16,186 per sqft in Q2 2025, according to a Magicbricks report. 'Premium micro-markets like Golf Course Road, Golf Course Road Extension, and Dwarka Expressway continue to attract high-end buyers, contributing to the city's steady price appreciation. The influx of multinational corporations and a growing ecosystem of luxury residential projects have also fueled demand, cementing Gurugram's status as a key investment hotspot in the NCR,' the report states. The Gurgaon market has also seen a surge in new residences being launched into the market every year since the pandemic. PropEquity, a real estate data analytics firm, estimates that in 2022 and 2023, only roughly 11,000 and 19,000 units, respectively, were added to the Gurgaon market. In 2024, though, out of the 53,000 units supplied to the NCR market, half (26,268) were in Gurgaon alone. Massive price increases in Gurgaon are not to be seen in the short-term horizon, according to experts, but they differ in their prescription for those looking to buy in Gurgaon. It is not a good time to buy residential real estate in Gurgaon, according to Prashant Thakur, Head of Research and Advisory, Anarock. 'The market is overheated at the moment. If you are thinking of buying something for investment, you should not,' he says. Thakur says that real estate prices don't generally fall, like they do in other categories of products. 'Builders don't generally show a massive fall in prices. Instead, they just start offering discounts to buyers, or offer additional components along with the flat, like a modular kitchen,' he adds, recommending that buyers wait till the festive season when developers might offer some discounts. Samir Jasuja, Founder and CEO of PropEquity, agrees with Thakur that prices are going to remain stable for some time and, thus, investors should not enter the market right now, expecting to make the kind of gains made in the last couple of years. But his advice for buyers is different. 'End buyers should buy residences, as prices are not going to fall and remain stable for at least the next two years,' Jasuja says. According to Jasuja, in the four years between 2010 and 2013, roughly 65,000 units were launched in Gurgaon, while in the eight years between 2014 and 2021, only 34,000 units were launched. 'Supply came down because a lot of developers defaulted, and, subsequently, there was a consolidation of developers. Thus, the Gurgaon market was starved of residential real estate, and post-2022, we have seen a catch-up of supply. Right now, there is an equilibrium of supply and demand: Last year, Gurgaon saw the sale of 9,000 units worth Rs 79,000 crore in the more than five crore segment alone,' Jasuja explains. 'I have myself looked for apartments, but there is nothing available below Rs 3.5 crore. Anything below that is located in newer parts of Gurgaon, and I don't recommend people buy residences there, as there is no connecting infrastructure and it already looks congested,' says Jagan Shah, CEO of The Infravision Foundation. 'Our outlook suggests that a significant fall in Gurgaon residential real estate prices this year is highly unlikely,' says Prasun Kumar, Chief Marketing Officer, Magicbricks. 'The market has seen moderate price increases (below 4% year-on-year) in the last quarter, which points to a stabilising trend after the notable escalations of the past few years. This stabilisation is a healthy sign of market maturity,' Kumar adds. 'Given the consistent demand for premium and spacious homes, the strategic importance of Gurgaon as a business hub, and the prevailing market dynamics, we anticipate prices to remain stable or continue on a gradual upward trajectory rather than experiencing a decline. This stability makes it an even more attractive time to invest with confidence,' Kumar says. Devansh Mittal is a trainee correspondent with The Indian Express. He studied political science at Ashoka University. He can be reached at ... Read More
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Business Standard
15-07-2025
- Business
- Business Standard
Tier 2 cities outpace metros in residential plot launches: PropEquity
Tier 2 cities such as Indore, Nagpur and Surat have outpaced big cities as realtors launched nearly 470,000 residential plots, with an estimated launch value of approximately Rs 2.44 trillion, across the top 10 tier 1 and tier 2 cities between 2022 and May 2025, according to a report by real estate analytics firm PropEquity. The report stated that seven of the top 10 cities were tier 2, supplying around 243,000 residential plots and accounting for 52 per cent of the total supply. These cities include Indore, Nagpur, Jaipur, Coimbatore, Mysore, Raipur and Surat. On the other hand, only three tier 1 cities — Hyderabad, Bengaluru and Chennai — made it to the top 10, supplying nearly 225,000 residential plots or 48 per cent of the supply share. 'Residential plots have emerged as a safe haven for investors looking at them for self-use or investment post-pandemic owing to their liquidity, faster appreciation and desire to customise their living space,' he added. For developers, Jasuja said plots generate quicker cash flow as they involve faster sales and lower upfront investment compared to apartments. The report further highlighted that in the first five months of 2025, developers launched 45,591 residential plots — 36 per cent of the supply seen in 2024 and 28 per cent of the supply in 2023. In 2024, the supply of residential plots in the top 10 tier 1 and tier 2 cities fell 23 per cent year-on-year (YoY) to 126,556 plots from 163,529 plots in 2023. The weighted average launch price of residential plots in these cities rose 27 per cent YoY in 2024 to Rs 3,679 per square foot.
