Lifestyle
Record-Breaking Sales of Homes Despite a 15% Increase in Loan Costs and Prices
According to the figures, residential sales in the calendar year 2023 reached 476,530 units, marking the highest sales recorded in any calendar year so far. In 2022, sales amounted to 364,870 units.
The sale of homes has broken all previous records. Residential sales in the seven major cities of the country increased by 31% this year, reaching a record 477,000 units, as reported by real estate consultancy firm Anarock. Despite an average increase of 15% in prices and higher interest rates, the surge in sales has been noted. If we consider Tier 2 and Tier 3 cities, these figures are expected to be even higher. Real estate experts suggest that people have realized the importance of homes post the pandemic, and the demand for homes has continued to surge.
Impact of Rising Prices on Demand Residential sales in the calendar year 2023 reached 476,530 units, marking the highest sales recorded in any calendar year so far. In 2022, sales amounted to 364,870 units. Anarock’s Chairman, Anuj Puri, stated that despite global uncertainties, rising property prices, and an increase in interest rates in the first half of this year, 2023 has been excellent for the Indian residential sector. He mentioned that residential sales in the top seven cities surpassed the previous high levels in 2022. Puri expressed concern that rising property prices and interest rates, along with uncertainties in the global market, might affect residential sales, but the high demand continued.
Mumbai Leads in Home Sales According to the data, Mumbai Metropolitan Region (MMR) recorded the highest sales among the top seven cities. Pune secured the second position. Sales in MMR increased by 40%, reaching 153,870 units compared to 109,730 units last year. Pune witnessed a 52% increase in residential sales, totaling 86,680 units, up from 57,145 units in the previous year. Delhi-National Capital Region (NCR) saw a modest 3% increase in sales, with 65,625 units this year compared to 63,710 units last year. In Bangalore, residential sales increased by 29%, reaching 63,980 units from 49,480 units last year. Kolkata experienced a 9% increase in sales, going from 21,220 units to 23,030 units. Chennai recorded a 34% increase, with sales rising from 16,100 units last calendar year to 21,630 units this year. According to real estate consultants, housing prices increased by 10% to 24% in these seven cities due to rising construction costs and strong demand.
Continued Demand for Homes in the New Year Renowned real estate expert and CMD of Antriksh India, Rakesh Yadav, stated that the demand for homes will continue in the new year. Homebuyers are increasingly interested in luxurious homes, and people are attracted to larger homes. As a result, the sales of expensive homes have increased. This trend is expected to continue in the coming years due to India’s rapidly growing GDP and increasing incomes. People are upgrading from 1BHK to 2BHK and from 2BHK to 3BHK. Those who don’t own homes are realizing their dream of homeownership. Therefore, the demand for homes is not expected to decrease for the next five years.
Lifestyle
Good News for Haryana Residents, Metro to Run from Bahadurgarh to Asaudha, Approval Granted, Work to Begin Soon
MP Arvind Sharma conducted a campaign today towards the villages along with Bahadurgarh city. He visited several villages under this campaign, where he listened to people’s issues and also directed the officials present at the occasion for their solutions.
Jhajjar: The extension of the metro rail line from Bahadurgarh to Asaudha has been approved. The work for this is set to commence soon. This information was shared by MP Arvind Sharma from the Rohtak Lok Sabha constituency. Arvind Sharma also visited the office of senior BJP leader Bhim Singh Pranami in Bahadurgarh. There, he interacted with the new office bearers of the BJP and gave directions for identifying the beneficiaries of the welfare schemes implemented by Prime Minister Modi.
Speaking to reporters on this occasion, MP Arvind Sharma counted the developmental works undertaken by the government in the region during his tenure. He informed that the extension of the metro rail line from Bahadurgarh to Asaudha has been approved, and the work is soon to commence. Arvind Sharma stated that he is committed to extending this metro line project up to Sampla, and it might be possible in the next phase. Not only this, but he also mentioned that the work on the metro from Najafgarh to Dhansa border is also set to start soon. Additionally, he mentioned that several schemes of the central government are reaching directly to the beneficiaries in the Rohtak Lok Sabha constituency, and the reconstruction work of the Bahadurgarh metro station is also progressing rapidly.
“The Modi government is focused on doubling farmers’ income,” said BJP MP Arvind Sharma. Even during the G-20 summit, Prime Minister Modi’s entire focus was on serving the guests with nutritious food. This was done so that even small farmers could earn a hefty profit because only those farmers produce bulky grains whose fields do not receive irrigable water.
Lifestyle
Uttarakhand Sub-Inspector Recruitment Scam: Suspended Officers Reinstated, Vigilance Inquiry Continues, Names Revealed
After the revelation of the sub-inspector recruitment scam in Uttarakhand, the reinstatement of suspended sub-inspectors by the Vigilance Department has provided relief. All 20 sub-inspectors have been reinstated. However, one sub-inspector among them has passed away in a road accident. Vigilance investigations against the sub-inspectors will continue for now.
Rashmi Khatri, Dehradun: Based on the preliminary report of the Vigilance in the sub-inspector recruitment scam, all sub-inspectors who have been suspended for a year have been reinstated. This is a relief for all these sub-inspectors from the 2015 batch. ADG administration Amit Sinha has written letters to all district captains instructing them to reinstate these sub-inspectors. Along with this, the ADG has also urged these sub-inspectors to cooperate with the Vigilance investigation.
The investigation of the scam will continue for now, and if any guilty parties are found during further investigation, action will be taken against them. After receiving instructions from the police headquarters, the district captains have reinstated these sub-inspectors. However, one sub-inspector among them has passed away in a road accident last year. In the years 2015-16, a direct recruitment examination for 339 sub-inspector positions was conducted by Pantnagar University.
BJP leader Hakam Singh Rawat was also arrested The revelation of cheating and transactions in separate recruitment exams conducted by UKPSC, UKSSSC came in 2022. After the exposure of this scam, the STF team arrested nearly 60 people, including Uttarkashi district panchayat and BJP leader Hakam Singh Rawat. When Hakam Singh Rawat’s accomplice Kendra Pal was arrested, the recruitment scam of 2015-16 came to light. After questions were raised on the police department following the exposure of the cheating in the recruitment, the then DGP Ashok Kumar had recommended to the government on August 26, 2022, to get the recruitment scam investigated by an independent agency.
After that, Chief Minister Pushkar Singh Dhami allowed the investigation of the case by the Vigilance. After the investigation, Vigilance recently submitted a report to the government. It is said that many of these sub-inspectors have not been found guilty of wrongdoing. However, the final decision will be taken by the government. When the investigation of the sub-inspector recruitment exam was conducted, 20 sub-inspectors were suspended based on the preliminary investigation report in January 2023. Further action against the sub-inspectors will be taken upon receiving orders from the government after the final Vigilance report. However, for now, all of them have been granted relief.
Lifestyle
Woman Police Officer’s Dance Moves Might Make Nora Fatehi Forget; Video Goes Viral on Instagram
Women are more affected by arthritis compared to men and tend to overlook diseases like rheumatism, resulting in a minor ailment taking on a severe form.
Arthritis, or arthritis, causes pain in the knees, back, ankles, neck joints, and feet of patients. This condition primarily affects individuals over the age of 50. However, due to sedentary lifestyles, younger individuals also fall prey to this disease. Serious conditions like arthritis often quickly affect women, so it’s crucial for them to be vigilant. In comparison to men, women are mostly affected by such diseases and tend to ignore conditions like arthritis, resulting in a seemingly minor ailment taking on a more aggressive form.
Causes and Symptoms of Arthritis Arthritis manifests in the body through stiffness, swelling, and joint pain. It preys on those who are susceptible to it. A kind of lump forms in their joints, causing unbearable pain. This condition is known as arthritis or arthritis.
Preventive Measures for Women Against Arthritis Women who quickly become prone to obesity also fall victim to this disease. Therefore, every woman should maintain control over her weight. Because along with weight gain, many other diseases also start to take root in our bodies. Therefore, along with work, exercise regularly and adopt a healthy lifestyle. With these methods, not only will your weight decrease, but you will also reap many other health benefits.
Consumption of These Items Vitamin D is considered the best source for keeping joints healthy. So, make sure to get some sun from time to time and include vitamin D-rich foods in your diet. To strengthen your joints, include vitamin D-rich foods such as oranges, spinach, dairy products, cabbage, dried fruits, etc., in your daily diet.
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