Bank lending to commercial real estate, including residential projects, rose 23% last fiscal year excluding the HDFC-HDFC Bank merger. Loans totaled Rs 3.97 lakh crore. Including the merger, growth rose to 38.9%, with Rs 4.48 lakh crore in loans as of March 31.

The Indian residential property market reached record highs in the March quarter due to steady economic circumstances and buyer confidence. JLL India reported record residential sales despite increased borrowing rates and property costs.

Since the Indian housing market is middle-class, house loan interest rates greatly impact home buying emotion. Individuals and families intending to purchase a house (one of the major choices of their life) must also consider interest rates and EMI expenses.

India's REIT and InvIT funding has increased significantly in recent years. The money generated via these channels increased tenfold in 2023, reaching ₹11,474 crore. SEBI's favourable policies and these instruments' enticing returns have driven this expansion.

Homebuyers are encouraged by rising house affordability in key Indian cities. The percentage of income needed to pay monthly home loan payments has reduced despite rising mortgage rates over the last year.

Despite rising interest rates over the last 18 months, asset quality has improved in the Indian home financing market. Rising incomes have offset greater monthly payments, ensuring stability.

The Reserve Bank of India's fifth straight repo rate hold at 6.5% is likely to boost the Indian property industry, especially Mumbai house sales.

Mumbai real estate, the centre of the Indian property sector, saw a dazzling increase in registrations during Navratri. Under BMC's oversight, property registrations rose to 4,594 units from October 15th to 23rd, 2023.

The Mumbai property market is showing unprecedented resilience and buoyancy, defying the norms of economics and continuing its upward trajectory, even amidst rising interest rates and property prices.

From automated routine duties to predictive analytics for market analysis and investment, AI is redefining how the Indian real estate industry operates.

Despite a rise in interest rates and property prices, stamp duty collection in February for the country's biggest and most costly real estate market, Mumbai, reached a record high. The record collection was driven by premium and middle-income housing categories.

The behaviour of the Indian real estate market varies throughout the year owing to a number of variables, including repo rates, overseas markets, stock markets, political conditions, and many others.

Any changes in home loan interest rates definitely affects the real estate market. Let us examine closely the impact that the current increase interest rates might have on the Indian real estate market, especially the affordable and mid segments.

It is anticipated that robust and positive momentum would continue to prevail in the real estate market of India in 2022-2023, supported by the stable structural basis, the increase in demand, and the decreased interest rates on house loans.

Investment in the Dubai real estate market rose by a mammoth of 92% in April and May combined, taking investment in the division to Dh48 billion in the first five months of 2016, Emirates 24/7 can reveal.