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Listed Developers Strengthen their Hold on India's Residential Real Estate

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NewsVoir New Delhi [India], May 20: A significant chunk of home buyers seems to be reposing their faith on developers who have constantly demonstrated their ability to complete projects on time without compromising on quality standards, particularly on listed entities. Show Full Article A peep into the annual performance of some of the reputed listed […]
The article from ThePrint discusses the increasing dominance of listed developers in India's residential real estate market. According to the ANAROCK Group's report, these developers have significantly increased their market share, now accounting for 37% of the total residential units launched in the top seven cities in 2023, up from 17% in 2022. This surge is attributed to their strong financial positions, brand reputation, and ability to deliver projects on time. The report highlights that cities like Mumbai Metropolitan Region (MMR) and Pune have seen the highest contributions from listed developers, with 44% and 43% of new launches respectively. The trend indicates a shift in buyer preference towards more reliable and established developers, which is expected to continue shaping the market dynamics in the coming years.

Read the Full ThePrint Article at:
[ https://theprint.in/ani-press-releases/listed-developers-strengthen-their-hold-on-indias-residential-real-estate/2631775/ ]