Gaurav Jain, Vice President of NAREDCO (Delhi) on Tuesday said that real estate will 'grow two and a half times' as Indian economy transitions to a $10 trillion mark. Speaking at ETNOW.in Realty Conclave and Awards Jain said that real estate has become an organised sector over the past 10 years.
G Hari Babu, President of the National Real Estate Development Council (Naredco), addressing the ETNOW.in Realty Conclave and Awards on Tuesday, May 28, 2024, discussed the trends in affordable housing and real estate in India. He also said that the government should introduce incentives/subsidies for housing units so that the common man can afford a house.
Niranjan Hiranandani, Managing Director, Hiranandani Group, on Tuesday said that India's real estate sector is expected to witness 'very positive growth' over the next five years. Speaking at the ETNOW.in Realty Conclave and Awards, Hiranandani lauded the initiatives taken by the Central government and said that the government's push to infra and backing to schemes such as the Pradhan Mantri Awas Yojna (PMAY) will provide a boost to affordable housing in India over the next two years.
ETNOW.in रियल्टी कॉन्क्लेव और अवार्ड्स का आगाज हो गया है। इस मौके पर नेशनल रियल एस्टेट डेवलपमेंट काउंसिल (Naredco) के प्रेसिडेंट जी हरि बाबू ने भारत में किफायती आवास और रियल एस्टेट के ट्रेंड्स की वकालत की।
G Hari Babu, President of the National Real Estate Development Council (Naredco), addressing the ETNOW.in Realty Conclave and Awards on Tuesday, May 28, 2024, discussed the trends in affordable housing and real estate in India. He also said that the government should introduce incentives/subsidies for housing units so that the common man can afford a house.
The ETNOW.in Realty Conclave and awards ceremoney, held on tuesday, brought together key stakeholders from India's real estate industry to celebrate contributions towards nation-building.
Tamil Nadu, a state with deep-rooted cultural legacy and thriving economic activity, has experienced a significant transformation in its real estate landscape in recent years. The real estate in Tamil Nadu is currently undergoing a dynamic shift, with old hotspots seeing exponential growth and developing areas offering exciting potential. Let’s understand the main factors influencing the state’s real estate sector.
Real estate developers and financial institutions are bullish on growth in the Indian real estate sector, as the current sentiment index improved during January-March with high optimism for the next six months, according to Knight Frank-NAREDCO. High economic growth and strong property demand are key factors for the improvement in their sentiments.
Real estate developers and financial institutions are bullish on growth in the Indian real estate sector, as the current sentiment index improved during January-March with high optimism for the next six months, according to Knight Frank-NAREDCO. High economic growth and strong property demand are key factors for the improvement in their sentiments.
A recent report has highlighted that the optimism in the real estate industry stakeholders in India touched a decadal high in the first quarter of 2024. The rise was due to the stable economic fundamentals, sustained post-pandemic momentum, and increased transaction volumes. According to the Knight Frank-NAREDCO Real Estate Sentiment Index Q1 2024 (January–March) report, the “Current Sentiment Index Score”, which reflects the stakeholders’ current outlook compared to the preceding six months, touched 72 in the quarter, the highest in the last 10 years.
