Related News

New study reveals how plants use sugar to sense and respond to heat |

For a long time, scientists thought that plants detected heat mainly through proteins that are active at night. Now, recent discoveries have revealed a much more intricate process. This changes

Radhakishan Shivkishan Damani portfolio: Ace investor’s NSE stake hits Rs 9,300 crore ahead of IPO; exchange becomes his No. 2 holding by value after DMart

As the National Stock Exchange (NSE) moves closer to its long-awaited IPO, ace investor Radhakishan Damani’s early-stage investment in the bourse is delivering massive paper gains. His 1.58% stake—equivalent to

CoreWeave says it’s the first to get Nvidia’s Blackwell Ultra

Nvidia CEO Jensen Huang in Taipei, Taiwan, on June 2, 2024. Ann Wang | Reuters Nvidia’s Blackwell Ultra chips, the company’s next-generation graphics processor for artificial intelligence, have been commercially

Isro’s Samvad Programme interaction: Shubhanshu Shukla speaks to students; talks about life in space

Students from various schools in Lucknow on Thursday spoke with astronaut Shubhanshu Shukla, who is currently onboard the International Space Station (ISS). The interaction was part of Isro’s Vidyarthi Samvad

Housing trends H12025: Home prices rise up to 14% in top cities led by premium demand; nearly half of all sales now in Rs 1 crore-plus segment

Word Count: 656 | Estimated Reading Time: 4 minutes

India’s residential real estate market witnessed a broad-based increase in home prices in the first half of 2025, led by surging demand for premium homes. With a growing share of high-value transactions and sustained end-user appetite for upscale living, the pricing momentum has clearly shifted upward.Average housing prices rose across all major cities, with the National Capital Region (NCR) and Bengaluru posting the steepest year-on-year gains of 14%, followed by Hyderabad at 11% and Mumbai at 8%, showed data from Knight Frank India, reported ET.This upswing in pricing was largely driven by a rise in the share of high-ticket home sales and a growing shift in supply toward premium inventory. Developers launched a larger proportion of homes in the Rs 1–5 crore and Rs 5–10 crore segments, pushing up weighted average prices across the board.Mumbai remained the most expensive market, while Ahmedabad continued to be the most affordable among the top eight cities.Of the 1.7 lakh housing units sold across the top eight markets, nearly half or 49% were priced above Rs 1 crore. Sales in the Rs 1–2 crore bracket rose 17% year-on-year, while those in the Rs 2–5 crore range surged by 29%, underscoring the shift in homebuyer preferences toward larger, better-located, and more amenity-rich residences.Mumbai, NCR and Bengaluru led the premium segment by volume. NCR saw 81% of its sales in the Rs 1 crore-plus category, while Bengaluru recorded 70% and Mumbai 36%, the data showed, according to an ET report.In contrast, affordable housing, particularly homes priced below Rs 50 lakh, continued to lose steam, with sales down 18% year-on-year. New supply in this segment also dropped by 31%, highlighting limited developer interest in lower-margin offerings.Despite a 4% rise in unsold inventory to 5.05 lakh units, the overall market remained healthy with the Quarters-to-Sell (QTS) ratio steady at 5.8. Notably, the QTS for homes in the Rs 2–5 crore category was much healthier at 3.9 quarters, reflecting strong traction in the mid-premium range.

Source link