Industry experts predict that the positive growth in home buying seen in 2023 will continue into 2024. CBRE forecasts sustained demand for mid-end and budget/affordable housing projects (priced between Rs 45 lakh to Rs 1 crore) consistent with recent trends. Premium and luxury segments (priced from Rs 2 crore to Rs 4 crore and above) are also expected to see robust real estate growth. This market...
In the third quarter of 2023, India rose by 18 positions to secure the 14th rank in Knight Frank's global house price index. The country experienced a 5.9% year-on-year increase in home prices, indicating notable upward momentum. On a global scale, home prices in the 56 markets analyzed by Knight Frank's Global House Price Index grew by an average of 3.5% year-on-year in September 2023, compared to a 2.2%...
In 2024, what are the latest facilities for buying new flat? For those who are thinking of buying luxury residential projects in Kolkata in the new year, this blog will be worth reading. When you are searching for new flats, it's crucial to think about how flats are built these days and how it affects your experiences at home. For people looking to buy or build apartments, it's imperative to know about...
Kolkata's real estate landscape continues to thrive in 2024. Urban and Semi-Urban areas emerging as prime investment hubs for residential properties. These locations are booming with investment opportunities. But wait, there's more! Don't forget to prioritize a sophisticated & eco-friendly area with excellent transportation and essential amenities. With these tips, Srijan Realty, a real estate...
Kolkata is one of the most affordable and most developing cities in India. Compared with other cities in India, it can be said that the City of Joy can offer you residential property in your best choice at the best price. If you are looking to buy 2 BHK flat in Kolkata, then 2024 is the best time. This new year is coming with a list of new residential properties in Kolkata at the best location. You...
According to JLL(Jones Lang LaSalle Inc)'s report on the Home Purchase Affordability Index (HPAI), it is anticipated that home buying affordability will see a positive shift in 2024. This projection is based on the expectation of a 60-80 bps repo rate throughout the year. As a result, this adjustment is poised to maintain buyers' affordability well within a comfortable range, ensuring ongoing market...
Government policies play a crucial role in shaping the real estate sector. This legislative framework holds immense importance and can directly influence property prices and demand. Let’s understand how fundamental government policies impact the real estate market is key to comprehending its dynamics and outcomes on property values and market interest. How Government Policies Influence the Real...
Ownership of riverfront properties has benefits: it is a long-standing real estate investment. We frequently encounter inquiries about how owning a riverfront property measures up against other residential investments. Through our extensive experience, we've observed that, given the appropriate circumstances, investing in luxury waterfront properties is a more beneficial and advantageous choice. The...
Introduce Town Square, a residential complex near Kolkata airport. Discover an enriched social experience in Srijan projects in Kolkata. It is thoughtfully constructed to enhance interaction and foster celebrations. Embrace the pleasure of bonding with loved ones, neighbors, and friends in our vibrant spaces. Our goal is to cultivate an atmosphere where relationships flourish, and connections are...
What are the factors that can drive the real estate housing market?- The price of houses can change based on how the economy is doing, interest rates, how much people are earning, and how many people live in an area and much more. However, some factors decide how much houses cost such as how many houses are available to buy. When lots of people want to buy houses but there aren't many for sale, prices...