A lot is happening in the property sector, too. Real estate prices rose steadily in 2024 across major real estate markets. Two factors show the property market's health—inventory with developers and buyers' affordability. Developers have held inventory for an average of 16-17 months. It is the lowest level in 15 years and 40% below the 15-year average, according to an analysis by UBS, a global bank. The affordability of real estate across cities, measured by income to property prices ratio, is at the most substantial level in 15 years. The data shows that it may be a good time for you to own property.
This story is from the December 09, 2024 edition of The New Indian Express Vijayawada.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 09, 2024 edition of The New Indian Express Vijayawada.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
DARK ENERGY DOESN'T EXIST?
New study shows the 'timescape' model of cosmic expansion, which doesn't have a need for dark energy because the differences in stretching light aren't the result of an accelerating universe, but instead a consequence of how we calibrate time and distance
Deol's ton helps India seal series
HARLEEN DEOL'S maiden hundred set the foundation and India sealed the ODI series with a 115-run win over the West Indies.
Cranbrook to MCG, the rise and rise of teenager Konstas
ON the eve of New South Wales' first Sheffield Shield match of the season - against South Australia at Cricket Central in Sydney - Sam Konstas was sitting with his batting coach Tahmid Islam for dinner.
Shooting mental sport, don't know when award snub will affect Manu: Jaspal
DOUBLE Olympic medallist Manu Bhaker finally broke her silence on her exclusion from Khel Ratna list.
Timely lift for Haryana shuttler
DEVIKA SIHAG is stoked at the moment. She had a valid reason to be.
India to play matches in Dubai, Pak tie on Feb 23
FINALLY, the International Cricket Council on Tuesday announced the much-awaited schedule of the 2025 Champions Trophy.
Excited with pack of pacers in SA20
WITH the third edition of the SA20 coming soon, the Ambassador of the franchise league and former South African fast bowler Allan Donald believes the new crop of pace bowlers coming from his home country are the ones to watch out for.
HFCL defence equipment mfg unit in Hosur
HFCL Limited, a leading telecom equipment maker, on Tuesday inaugurated a state-of-the-art defence equipment manufacturing facility in Hosur, Tamil Nadu.
PM Modi meets economists ahead of Budget
PRIME Minister Narendra Modi on Tuesday interacted with a group of economists and thought leaders in preparation for the Union Budget at NITI Aayog.
Recharge plans for voice calls, messages to benefit customer, not telcos
THE Telecom Regulatory Authority of India's (TRAI) recent directive to have recharge plans exclusively for voice calls and messages without any compulsion to buy internet data will benefit customers not much to telecom service providers, say industry experts.
