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Homebuyers in Pune facing delays in property registrations due to technical issues with the state's online title search facility. Registration department working to resolve the problem.
Residential Market: Hyderabad's residential property market in 2024 saw a 15% increase in property registrations and a 40% surge in transaction value, driven by demand for premium homes. Knight Frank's report revealed 26,027 properties registered, totaling Rs 16,190 crore.
Since the Pacific Ocean is getting colder, the weather is changing drastically, although it still appears to be cold and pleasant. Global conditions are expected to be altered by this climate phenomenon, known as La Nina.
Unsold Real Estate Properties Declines: The report added, the unsold real stock in the national capital region declined from approx. 2 lakh units at Q1 2018-end to approx. 86,420 units by Q1 2024-end.
Noida International Airport and industrial clusters near the expressway are expected to boost the region's growth. The Yamuna Expressway Authority plans to launch an affordable residential scheme with small plots to accommodate low-income groups.