Real estate consultant Anarock's data suggests that 5,57,900 homes are scheduled for completion during 2023
Land costs are the major concern of this segment. Developers can recover land costs in bigger cities from mid-range and premium housing units, which poor people cannot afford.
PE inflows stood at $4.2 billion in 2021-22, $7.2 billion in 2020-21, $6.3 billion in 2019-20, and $5.3 billion in 2018-19
Homexchange, India’s first instant home sale, and upgrade proptech platform, today announced it has raised funds from HDFC Capital, Oberoi Realty, and Anarock Group, taking the total funds being raised to $4 million.
According to the data compiled by Anarock, housing sales are estimated at 1,13,770 units in January-March, up 14 per cent from 99,550 units in the year-ago period across seven major cities