Latest news with #PropTiger
Time of India
07-05-2025
- Business
- Time of India
Housing prices remain stable in Mumbai, Delhi markets in January-March quarter: PropTiger
Synopsis A recent PropTiger report indicates a stabilization in housing prices across key Indian cities during January-March. While Mumbai, Delhi-NCR, Chennai, and Pune saw stable rates, Bengaluru, Hyderabad, Ahmedabad, and Kolkata experienced 4-5% appreciation. This moderation, following a surge in 2022-24, aims to boost genuine buyer demand and curb speculation in the real estate market.
News18
07-05-2025
- Business
- News18
Average Housing Prices Remain Stable In MMR, NCR, Chennai, Pune During January-March 2025: PropTiger
Agency: PTI Residential property prices have continued to rise year-on-year, but the pace of growth has clearly moderated in recent quarters. Average housing prices across Mumbai Metropolitan Region (MMR), Delhi-NCR, Chennai and Pune remained stable during the January-March period compared to the previous quarter, according to PropTiger. Data of real estate brokerage firm PropTiger, a part of REA India that owns showed that prices in Bengaluru and Hyderabad grew 5 per cent each while Ahmedabad and Kolkata saw an appreciation of 4 per cent each. The consultant noted that residential property prices have continued to rise year-on-year, but the pace of growth has clearly moderated in recent quarters. 'The moderation in price growth observed over the past few quarters indicates a stabilising market dynamic, likely encouraging the return of end-users previously displaced by speculative activity," said Dhruv Agarwala, Group CEO, & 'This more measured trajectory is critical for sustaining end-user participation while maintaining the value built by investors and developers. In 2025, the market is expected to undergo further consolidation, reinforcing structural fundamentals and enabling steady, sustainable growth," Agarwala added. As per the data, MMR, Delhi-NCR, Chennai and Pune markets did not see any increase in average prices. They were at Rs 12,600, Rs 8,106, Rs 7,173 and Rs 7,109 per square feet, respectively. Housing price in Hyderabad appreciated to Rs 7,412 from Rs 7,053 per square feet, while Kolkata saw an increase to Rs 5,839 from Rs 5,633 per square feet. First Published: May 07, 2025, 14:37 IST
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Business Standard
07-05-2025
- Business
- Business Standard
India's housing market is not crashing, but definately cooling. Here is why
India's residential property market is transitioning from a phase of rapid post-pandemic growth to a more balanced and sustainable trajectory. While prices continue to rise year-on-year, the pace of growth has moderated in recent quarters, indicating a shift towards cautious consolidation, said a report by PropTiger, a transaction and advisory services platform. Cities like Bengaluru and Hyderabad have led the charge with 5% quarterly increases in Q1 2025, bringing Bengaluru's average price to Rs 7,881 per square foot and Hyderabad's to Rs 7,412 per square foot. In contrast, mature markets such as Delhi NCR, MMR, Pune, and Chennai have experienced price stability, with no quarterly change in average prices, suggesting a plateauing effect. Other markets like Ahmedabad and Kolkata also saw moderate increases of 3.8% and 4% respectively in Q1 2025, reinforcing the trend of steady—though decelerating—growth. 'The moderation in price growth observed over the past few quarters indicates a stabilising market dynamic, likely encouraging the return of end-users previously displaced by speculative activity,' said Mr. Dhruv Agarwala, Group CEO, & 'This more measured trajectory is critical for sustaining end-user participation while maintaining the value built by investors and developers. In 2025, the market is expected to undergo further consolidation, reinforcing structural fundamentals and enabling steady, sustainable growth.' The shift toward moderation became particularly evident from Q3 2024 onwards. Between Q4 2024 and Q1 2025, most cities either held steady or posted low single-digit gains. For example: Ahmedabad rebounded from a dip in Q4 2024 to register a 4% QoQ growth. Kolkata also recovered after a 4% decline last quarter, with a 4% rise. Pune remained flat at Rs 7,109/sqft, reflecting stability after strong gains in 2023. Even in high-growth areas like Delhi NCR, which saw double-digit gains through much of 2023, Q1 2025 showed 0% quarterly growth, indicating a market that is pausing after a sharp upswing. Macro Drivers Behind Consolidation The stabilisation phase can be attributed to multiple factors: A more discerning buyer base dominated by end-users Continued but rationalised investor interest A supply pipeline adjusting to real demand rather than speculative pushes "With prices plateauing in many cities and rising modestly in others, developers are likely to respond with more calibrated launches. This, in turn, will help maintain momentum while avoiding overheating in the sector," noted the report.
The Print
27-04-2025
- Business
- The Print
Security Through Ownership: The Emotional Safety Net Redefining Luxury Homebuying in Delhi-NCR
Delhi-NCR [India], April 23: When Ananya Kapoor, a 38-year-old entrepreneur, closed her home-buying deal in Noida's Prateek Grand Begonia last month, she didn't just acquire a property. She secured what she calls her 'emotional anchor' — a sanctuary where not only her children would grow, but also a place that reflects her lifestyle. 'This isn't just walls and floors. It's the pride of creating a legacy,' she says waiting eagerly to move inside as soon as she gets the possession. Kapoor's sentiment echoes across Delhi-NCR, where luxury home sales surged by 63% in 2024, outpacing Mumbai and Hyderabad, according to PropEquity. As economic uncertainties loom, buyers like her are increasingly viewing high-end properties not just as investments, but as psychological safe havens. The Rise of Emotional Equity Data underscores this shift. Knight Frank reports residential sales in India's top eight cities hit a 12-year high in 2024, with Delhi-NCR alone clocking Rs. 1.53 lakh crore in sales value — a spike driven by luxury demand. PropTiger attributes the NCR's 49% annual price surge to affluent buyers prioritising 'emotional ROI': stability, prestige, and generational security more than financial returns. Real estae analysts believe that luxury home buyers today aren't just purchasing square footage, rather they're investing in a lifestyle that validates their aspirations. Gated apartment complexes with amenities like star-category clubhouse, high-end gyms, greenery and grand architecture aren't perks — they're emotional necessities that reflect their status and their aspirations. Inside the Buyer's Mind: 'This Home Is My Legacy' For 45-year-old tech executive Rajat Mehta, purchasing an apartment at low-density Prateek Canary in Sector 150 Noida was about cementing his identity. 'Walking into the show flat, I felt a sense of arrival. The design, the greenery in the layout– it mirrored the success I'd envisioned years ago,' he shares. Developers are tailoring projects to these psychological triggers. Prateek Group's offerings emphasise 'curated living' that blends security with social currency. As per real estate experts with a keen understanding of the luxury home scene, 'Today the buyers are seeking projects that reflect their stature. It's about belonging to an enclave that whispers exclusivity.' The FOMO Factor and the Luxury Boom Scarcity plays a role, too. With high-net-worth individuals (HNIs) flooding the market, projects in prime locales face swift sell-outs. Delhi-NCR's luxury listings of over Rs. 10 crore now comprise 34% of the total supply, as reported recently by a business magazine. 'Wait too long, and you're priced out,' admits Kavita Singh, a Ghaziabad-based investor who bought a unit in Siddharth Vihar last year. 'I didn't want my family to miss out on this growth.' Psychologists note that such urgency taps into deep-seated fears of instability. Owning a luxury property isn't just the wealth display — it's a psychological buffer against life's unpredictabilities. The Road Ahead: Where Emotion Meets Economics While friendly interest and inflation rates developers are also doubling down on emotional appeal. Status, aspirations and iconic architecture are turning into an intrinsic part of their communication and marketing strategy. And with the rising number of double-income families homes are turning into places where logic and longing collide. Today's buyers aren't just closing deals; they're closing chapters of their dreams. (ADVERTORIAL DISCLAIMER: The above press release has been provided by NewsVoir. ANI will not be responsible in any way for the content of the same) This story is auto-generated from a syndicated feed. ThePrint holds no responsibility for its content.
Fashion Value Chain
23-04-2025
- Business
- Fashion Value Chain
Security Through Ownership: The Emotional Safety Net Redefining Luxury Homebuying in Delhi-NCR
When Ananya Kapoor, a 38-year-old entrepreneur, closed her home-buying deal in Noida's Prateek Grand Begonia last month, she didn't just acquire a property. She secured what she calls her 'emotional anchor' – a sanctuary where not only her children would grow, but also a place that reflects her lifestyle. 'This isn't just walls and floors. It's the pride of creating a legacy,' she says waiting eagerly to move inside as soon as she gets the possession. Luxury homes shaping ownership trends Kapoor's sentiment echoes across Delhi-NCR, where luxury home sales surged by 63% in 2024, outpacing Mumbai and Hyderabad, according to PropEquity. As economic uncertainties loom, buyers like her are increasingly viewing high-end properties not just as investments, but as psychological safe havens. The Rise of Emotional Equity Data underscores this shift. Knight Frank reports residential sales in India's top eight cities hit a 12-year high in 2024, with Delhi-NCR alone clocking Rs. 1.53 lakh crore in sales value – a spike driven by luxury demand. PropTiger attributes the NCR's 49% annual price surge to affluent buyers prioritising 'emotional ROI': stability, prestige, and generational security more than financial returns. Real estae analysts believe that luxury home buyers today aren't just purchasing square footage, rather they're investing in a lifestyle that validates their aspirations. Gated apartment complexes with amenities like star-category clubhouse, high-end gyms, greenery and grand architecture aren't perks – they're emotional necessities that reflect their status and their aspirations. Inside the Buyer's Mind: 'This Home Is My Legacy' For 45-year-old tech executive Rajat Mehta, purchasing an apartment at low-density Prateek Canary in Sector 150 Noida was about cementing his identity. 'Walking into the show flat, I felt a sense of arrival. The design, the greenery in the layout- it mirrored the success I'd envisioned years ago,' he shares. Developers are tailoring projects to these psychological triggers. Prateek Group's offerings emphasise 'curated living' that blends security with social currency. As per real estate experts with a keen understanding of the luxury home scene, 'Today the buyers are seeking projects that reflect their stature. It's about belonging to an enclave that whispers exclusivity.' The FOMO Factor and the Luxury Boom Scarcity plays a role, too. With high-net-worth individuals (HNIs) flooding the market, projects in prime locales face swift sell-outs. Delhi-NCR's luxury listings of over Rs. 10 crore now comprise 34% of the total supply, as reported recently by a business magazine. 'Wait too long, and you're priced out,' admits Kavita Singh, a Ghaziabad-based investor who bought a unit in Siddharth Vihar last year. 'I didn't want my family to miss out on this growth.' Psychologists note that such urgency taps into deep-seated fears of instability. Owning a luxury property isn't just the wealth display – it's a psychological buffer against life's unpredictabilities. The Road Ahead: Where Emotion Meets Economics While friendly interest and inflation rates developers are also doubling down on emotional appeal. Status, aspirations and iconic architecture are turning into an intrinsic part of their communication and marketing strategy. And with the rising number of double-income families homes are turning into places where logic and longing collide. Today's buyers aren't just closing deals; they're closing chapters of their dreams.
