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The Residential Real Estate Market's Future

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The second half of the decade was a period of great turmoil, with geopolitical instability, volatile market dynamics and headwinds from the global economy. In the midst of this economic upheaval, the Indian real estate sector has not only managed to persevere, but has also made numerous strides. With an industry report forecasting a growth rate of 9.2% from 2023 to 2028, the sector's strong momentum is expected to contribute significantly to the country's economic development. The residential real estate sector in particular has seen strong growth, with 2022 hitting a record high for domestic home sales. In 2022, more than 365 units of housing will be sold in seven major cities nationwide compared to the previous year, and the last peak was 3.43 million units sold in 2014. This increase in housing demand and supply is the accumulation of many factors. India's burgeoning commercial sector has fostered a fertile residential property sector owing to increased domestic and ...

Ganga Realty to invest 750 crores to build their affordable housing project: Tathastu

Stemming from a vision to foster a built environment in India that is simultaneously modern yet environmentally sustainable, Ganga Realty is primed to launch its affordable housing project, Tathastu. According to the realty’s Joint Managing Director, Vikas Garg, the company is poised to invest 750 crores to concretize the potential of developing residential spaces in the emerging micro market of Sohna. He further stated that the project would be entirely funded through internal accruals and customer advances. Located in sector 5 Sohna, just minutes away from the halcyon commercial catchment in the vicinity of Sohna Elevated Highway, the development is proposed to be spread over 22 acres. With the majestic Aravalli’s in the backdrop, the development is set to unfurl a new era of residential spaces in Sohna, wherein you get access to a vast array of amenities in a space rich in expansive green spaces, all at an affordable starting price of ₹25 lacs . The development is envisioned to el...

Ganga Realty - Life is Pure

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