💡 Here's an interesting trend unfolding in Bengaluru's real estate market! 🌟 Amidst the shifting dynamics of work culture and the availability of more rental inventories, landlords in Bengaluru are beginning to compromise on apartment rents, particularly in IT corridors. This trend is primarily driven by the move of tech professionals away from these prime locations to the city outskirts, in search of more affordable living options. The impact? A drop in rental prices by 15-20% year-on-year in areas such as Whitefield. This subtle shift is a testament to the power of market forces and the influence of changing work norms on real estate trends. Have you noticed similar trends in your city? What are your thoughts on this evolving rental market scenario? Remember, adaptation is the key to sustainability. 💪 #RealEstate #BengaluruRealEstate #MarketTrends https://lnkd.in/gemv6996
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#Noida & #GreaterNoida #RealEstate Boom: A New Era in #Housing, But What About #Affordability ?? The rapid #growth in Noida's #realestatemarket is reshaping the city, drawing in premium #developments and high-end #investments. #Property prices have surged, transforming Noida into a #luxuryhousing destination—but rising costs have made #affordablehousing a challenge for many.
#Noida #RealEstate on the Rise: What Does This Mean for #AffordableHousing ??? Noida and #GreaterNoida have transformed into prime real estate hotspots with significant price hikes over the past five years. While these changes reflect exciting #growth and #opportunity for the region, it’s also a reminder of the growing challenges for those seeking affordable housing. As #property prices soar, the gap widens for families looking to own their own #home. It’s essential for us as an #industry to keep an inclusive approach, promoting affordable #housing options while celebrating the city’s progress. 🌱 Read more about this real estate boom and join the conversation on how we can ensure accessibility for all. https://lnkd.in/gG2rmYuD
Noida real estate market: property prices more than double in last five years
moneycontrol.com
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Landlords start compromising on rents as city sees new supply, more rental options The stabilisation in rent follows a significant increase of nearly 30%–40% in several areas of Bengaluru in the last two years. Industry experts believe that the main reason for citywide rental stabilisation is the reduced supply and demand ratio gap. #realestate #property #housing #residential #demand #growth #rentals #realestatedevelopers #realestateagents #landlords #supply #invesntory #therealtynews https://lnkd.in/gdhPupQk
Bengaluru real estate: Landlords start compromising on rents as city sees new supply, more rental options
hindustantimes.com
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Bengaluru's Real Estate Boom: A 57% Surge in 5 Years! The dynamic city of Bengaluru has witnessed a remarkable 57% increase in residential property prices over the past five years! This growth reflects the city's vibrant economy and its appeal as a top destination for both IT professionals and luxury home buyers. The robust demand and escalating property values highlight Bengaluru's position as a key player in India's real estate market. Key Takeaways: Impressive Growth: Bengaluru's residential market has surged by 57% in the last five years. Economic Magnet: The city continues to attract major investments and a growing population. Future Prospects: The trend suggests a promising future for property investors and home buyers alike. #BengaluruRealEstate #PropertyInvestment #LuxuryHomes #RealEstateGrowth #BengaluruLiving #InvestInBengaluru #RealEstateTrends #PropertyMarket #UrbanGrowth #InvestmentOpportunity To read the full article and dive into the details here: https://lnkd.in/dB3wriDW
Bengaluru's residential property prices jumped 57 per cent in the last 5 years: Report
hindustantimes.com
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#Noida #RealEstate on the Rise: What Does This Mean for #AffordableHousing ??? Noida and #GreaterNoida have transformed into prime real estate hotspots with significant price hikes over the past five years. While these changes reflect exciting #growth and #opportunity for the region, it’s also a reminder of the growing challenges for those seeking affordable housing. As #property prices soar, the gap widens for families looking to own their own #home. It’s essential for us as an #industry to keep an inclusive approach, promoting affordable #housing options while celebrating the city’s progress. 🌱 Read more about this real estate boom and join the conversation on how we can ensure accessibility for all. https://lnkd.in/gG2rmYuD
Noida real estate market: property prices more than double in last five years
moneycontrol.com
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With a steep rise in rental housing demand in the top cities, average rental values have soared, and rental income has been heading steadily north. Rental income is the annual rate of interest investors earn from capital invested in a property. The latest data from real estate consultancy firm Anarock indicates that as before, IT-dominated Bengaluru tops the list with a rental yield of 4.45 per cent in the first quarter of 2024. #Bengaluru #income #property #rent #realestate
Bengaluru's rental income highest in Q1-2024, Mumbai next: Anarock report
businessinsider.in
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My views about Mumbai Real Estate: Mumbai, often referred to as the financial capital of India, is also the epicenter of one of the most dynamic and challenging real estate markets in the world. As a leader in a real estate consultancy firm operating in this vibrant city, I’ve come to appreciate the nuances that make Mumbai's property market both unique and exciting. 1. Diverse Market Segments From luxury apartments in South Mumbai to affordable housing in the extended suburbs, the city offers a diverse range of options for homebuyers and investors. Each micro-market has its unique characteristics: South Mumbai boasts exclusivity and heritage. Bandra and Andheri reflect urban lifestyle aspirations. Thane and Borivali-Kandivali belt cater to growing families seeking space and affordability. As a leader, it’s critical to understand these segments and align our professional consultancy services to cater to the needs of different clientele. 2. Infrastructure Drives Value Mumbai’s real estate market is heavily influenced by infrastructure development: The Metro expansion is reshaping commute times and boosting property values. New coastal road projects and GMLR are unlocking growth in suburban and western areas. A leader’s role here is to educate clients on how such developments impact long-term returns and guide them toward strategic investments. 3. Navigating Challenges The city’s high property prices, space constraints, and RERA can intimidate buyers and investors. It’s our job as professional consultants to simplify the process by providing clarity, transparency, and end-to-end support. 4. Building Trust in an Ever-Changing Market The Mumbai real estate market can be unpredictable with price fluctuations, demand-supply imbalances, and policy changes. Leadership in a consultancy firm isn’t just about closing deals; it’s about fostering trust by: Sharing honest market assessments. Offering data-driven insights to help clients make informed decisions. Standing by them through the entire journey, from shortlisting properties to post-sale support. 5. Future Outlook The western belt of Mumbai is becoming a hotspot for real estate opportunities, driven by upcoming infrastructure and lifestyle enhancements: Borivali to Virar stretch: With new roads, Metro connectivity, and lifestyle developments, this area is poised for significant appreciation. Mira Road and Dahisar: These suburbs are rapidly transforming into well-connected residential hubs with an increasing demand for mid-segment housing. Goregaon and Malad: Offering proximity to commercial hubs like Andheri and Powai, these locations are becoming highly attractive for professionals and families. By providing a steady hand, deep market knowledge, and a focus on client-centricity, a leader can make a real difference in a challenging market like Mumbai.
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Noida Real Estate Market Growth Summary 1. Infrastructure Development: Significant upgrades in roads and metro connectivity in Noida are enhancing property appeal. With Noida International Airport and other ongoing projects improving accessibility, now is the perfect time for buyers to invest before prices rise further. 2. Urbanization: As urbanization accelerates, more people are moving to Noida for job opportunities and a better lifestyle. This influx increases demand for housing, making it essential for prospective buyers to act quickly to secure their ideal properties. 3. Rising Incomes: The growth of industries and IT hubs in the region has led to rising disposable incomes, empowering residents to invest in real estate. Buyers should capitalize on this economic momentum, as waiting may result in missing out on affordable options. 4. Festive Season Surge: The upcoming festive season traditionally boosts buyer interest, with developers offering attractive deals and discounts. This is a prime opportunity for buyers to take advantage of promotions that may not be available later. 5. Strategic Location: Noida’s proximity to Delhi makes it a highly desirable location for homebuyers. With ongoing developments enhancing connectivity, buyers should seize the opportunity now, as increased demand could drive up prices. 6. Luxury Segment Growth: The luxury housing market in Noida is flourishing, attracting affluent buyers seeking upscale living. As more high-end projects are launched, buyers interested in luxury homes should act fast to avoid missing out on prime offerings. 7. Positive Market Sentiment: The overall optimism in the real estate sector, supported by favorable government policies and economic stability, is attracting both domestic and foreign investors. This positive sentiment indicates that now is the time to invest; delaying could result in missed opportunities as competition increases. Given Noida’s robust growth in real estate, prospective buyers should consider investing now to take advantage of favorable conditions. With rising demand, attractive festive season offers, and the potential for future price increases, acting quickly is crucial to securing a valuable property and avoiding missed opportunities. #RealEstate #NoidaRealEstate #PropertyInvestment #HouseHunting #BuyNow #MarketTrends #RealEstateInvestment #PropertyMarket #InvestmentOpportunities #Homeownership #LuxuryRealEstate #HighEndLiving #LuxuryHomes #AffluentLiving #DreamHome #PrimeLocation #DelhiNCR #CommuterLife #RealEstateInvesting #LocationMatters #FestiveSeason #HomeBuying #RealEstateDeals #DiwaliOffers #HolidayShopping #DisposableIncome #EconomicGrowth #InvestInRealEstate #WealthBuilding #FinancialFreedom #UrbanLiving #CityLife #Urbanization #RealEstateTrends #Homebuyers #Infrastructure https://lnkd.in/gwT4H_6x
Festive season set to spark optimism in housing market, says report
etnownews.com
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“Rent Comes Down for the Wealthy, While Rising for the Rest” The Wall Street Journal article posted in the comments below 👇 analyzes how the recent surge in housing construction is affecting rental prices across various market segments in different U.S. cities, revealing the complex interplay of supply, demand, and affordability. 1. Luxury Rental Market Dynamics: The article notes an oversupply of luxury rentals in cities like Austin and Chicago due to increased construction. Despite incentives like free rent and discounts to attract tenants, demand remains stable, indicating ongoing interest. This underscores the competitive nature of the luxury rental market. 2. Middle- and Lower-Tier Rental Market Dynamics: The article underscores rising rents in the middle- and lower-tier rental market, particularly in the Midwest and Northeast. Limited supply exacerbates affordability issues, prompting renters to consider relocation or adjustments in living arrangements. 3. Impact on Renters: The article shares stories of individuals affected by rising rents, including a Kansas City worker facing higher rent and a Providence massage therapist living in a van due to a sold rental. These anecdotes highlight the broader challenges of the rental affordability crisis, particularly for low- and moderate-income households. 4. Trickle-Down Effect and Market Dynamics: The article suggests that while top-end rent declines may affect lower tiers over time, the process is gradual and complex. New housing moderates rent increases in lower tiers but doesn't immediately reduce rents, providing limited relief to renters and falling short of addressing broader affordability issues. In conclusion, the article provides insights into the rental housing market's dynamics and its impact on different segments of the population. It emphasizes the need for collaborative efforts among policymakers, developers, and advocates to address structural challenges and ensure equitable access to affordable housing. What are your thoughts on the competitive dynamics in the luxury rental market, considering the oversupply of high-end housing and stable demand despite incentives? Share your insights in the comments below 👇! Please like 👍, comment below 👇, or share 👉. Click the 🔔 in my profile to get notified of my posts. And follow me for more content like this. #home #multifamily #homerental #buildtorent
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Have you noticed a change in Australia's rental market? CoreLogic reports that larger homes, especially those with five or more bedrooms, have seen an 8.7% increase in rent. Meanwhile, smaller units like one-bedroom apartments and studios have experienced a slowdown, with rent growth dropping from 16.8% to 7.1% in the past year. Since the average rent per bedroom decreases as the number of bedrooms increases, it is making larger homes more cost-effective despite rising prices. In June, the national median weekly rent hit a record high of $634, up $48 from last year, highlighting growing rental affordability issues. New South Wales and Queensland are leading this trend, with Melbourne also seeing significant rent increases in larger homes.
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𝐑𝐞𝐧𝐭𝐚𝐥 𝐓𝐫𝐞𝐧𝐝𝐬: 𝐁𝐢𝐠𝐠𝐞𝐫 𝐇𝐨𝐦𝐞𝐬, 𝐁𝐢𝐠𝐠𝐞𝐫 𝐒𝐚𝐯𝐢𝐧𝐠𝐬? As the cost of living continues to rise, renters are increasingly opting for larger properties. CoreLogic’s new bedroom count metric reveals a notable trend: rents for houses with five or more bedrooms have surged by 8.7% annually. This shift could be due to the formation of shared houses and multi-family households, making larger dwellings a cost-effective choice per bedroom. 𝐊𝐞𝐲 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐟𝐨𝐫 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐁𝐮𝐲𝐞𝐫𝐬 𝐚𝐧𝐝 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬: 𝗦𝘁𝗿𝗼𝗻𝗴𝗲𝗿 𝗚𝗿𝗼𝘄𝘁𝗵 𝗶𝗻 𝗟𝗮𝗿𝗴𝗲𝗿 𝗗𝘄𝗲𝗹𝗹𝗶𝗻𝗴𝘀: The demand for larger houses is rising, reflected in the 8.7% rent growth for homes with five or more bedrooms. This trend suggests potential opportunities for investors in the larger property market. 𝗦𝗹𝗼𝘄𝗶𝗻𝗴 𝗚𝗿𝗼𝘄𝘁𝗵 𝗶𝗻 𝗦𝗺𝗮𝗹𝗹𝗲𝗿 𝗨𝗻𝗶𝘁𝘀: While smaller units, including one-bedroom apartments and studios, saw high rent growth rates last year, this has slowed significantly from 16.8% to 7.1%. This slowdown, particularly in inner-city areas, may impact rental yields in these markets. 𝗖𝗼𝘀𝘁-𝗘𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲𝗻𝗲𝘀𝘀 𝗼𝗳 𝗟𝗮𝗿𝗴𝗲𝗿 𝗛𝗼𝗺𝗲𝘀: The average rent per bedroom decreases as the number of bedrooms increases, making larger properties an attractive option for renters looking to reduce individual expenses. 𝗡𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗠𝗲𝗱𝗶𝗮𝗻 𝗥𝗲𝗻𝘁 𝗧𝗿𝗲𝗻𝗱𝘀: The national median weekly rent reached a new high of $634 in June, underscoring the broader challenges of rental affordability in Australia. 𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗩𝗮𝗿𝗶𝗮𝘁𝗶𝗼𝗻𝘀: While larger houses are seeing stronger rent growth nationally, this trend is particularly pronounced in NSW and Queensland. Investors should note regional variations, with areas like Perth and Adelaide potentially following suit as rental patterns evolve. This shift towards larger dwellings is likely driven by a combination of rising living costs and a slight slowdown in overseas migration, which has softened demand for smaller, inner-city units. For property investors, this trend suggests that larger properties could offer more resilient rental income in the current market. Investors should consider this evolving landscape, where multi-bedroom homes are not only in demand but also potentially more economical on a per-bedroom basis. As the market adapts, regions like NSW and Queensland are already seeing significant growth in rents for larger houses. Will other areas follow suit? Only time will tell, but the trend towards shared living and larger dwellings is one to watch. As rental demand evolves, staying informed about these market dynamics can help you make strategic investment decisions. Investing in larger dwellings might offer a competitive edge, especially as rental markets continue to adjust to changing economic conditions and household formations. #RentalMarketTrends #PropertyInvestment #BrayePropertyBuyersAgency #RealEstateTrends #RentalMarket
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"Real Estate Visionary | Mechanical Engineer | Founder-Kalpvriksha Realty Gurgaon"
6moThis is the power of Consumers. People have already started moving a little away from the City Centre in Gurugram too, as they are searching for more viable options.