{"id":32346,"date":"2023-02-16T07:48:39","date_gmt":"2023-02-16T00:48:39","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=32346"},"modified":"2023-02-18T08:11:21","modified_gmt":"2023-02-18T01:11:21","slug":"a-gentle-nudge-for-indian-real-estate-in-2023","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/a-gentle-nudge-for-indian-real-estate-in-2023\/","title":{"rendered":"A gentle nudge for Indian real estate in 2023"},"content":{"rendered":"

Investors acknowledge India as one of the internationally preferred investment locations<\/span><\/p>\n

\"\"
Businesses see India in an attractive light as a cost-effective investment destination. PeppyGraphics\/Shutterstock<\/figcaption><\/figure>\n

In the past year, Indian real estate sector had a boost in recovery, particularly in the residential segment, according to <\/span>India Today<\/span><\/a>. Home sales across India\u2019s top regions surpassed 73 percent for the first time in 10 years,reaching 120,275 units in the fourth quarter of 2022 compared to the 109,464 units sold in 2021.<\/span><\/p>\n

Overall, the home sales for the fourth quarter of 2022 gained a 10 percent increase in contrast to the previous year.Individually, Pune had a three percent increase, Thane grew by 16 percent, Hyderabad brew by 24 percent, Bengaluru by two percent, Mumbai by 22 percent, Navi Mumbai by 23 percent, Kolkata by Delhi NCR and Chennai witnessed a fall of seven per cent and two percent respectively. There were only two regions who did not experience the growth of real estate with single-digit growth rates, but there were other regions that grew by a lot on a year-on-year basis.\u00a0<\/span><\/p>\n

Among these regions, the <\/span>Business Standard<\/span><\/a> ranked Mumbai as seventh in the preferred location for cross-border investments in real estate in the Asia Pacific. The publication believes that foreign investors\u2019 focus on real estate increased since they are looking to get more exposure in one of the biggest emerging economies in the world.<\/span><\/p>\n

More: Retail therapy: Indian Millennials on a homebuying spree<\/a><\/p>\n

The local property sector remained resilient and pushed through 2022 despite all the challenges faced, which is why businesses see India in an attractive light as a cost-effective investment destination. As this continues, the Indian economy may be the key driver of global growth in 2023.<\/span><\/p>\n

This can be seen through the difference between the European and Asian real estate sectors. <\/span>Business Today<\/span><\/a> reported on the decrease of investment returns in Europe compared to the growth of Asia. Indian real estate sector in particular showed great resilience as it became a big contributor to India\u2019s Gross Domestic Product (GDP). It is predicted to grow even further and expand its market size as time passes by.<\/span><\/p>\n

\n

The Property Report editors wrote this article. For more information, email:\u00a0propertyreport@propertyguru.com<\/a>.<\/i><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Investors acknowledge India as one of the internationally preferred investment locations<\/p>\n","protected":false},"author":12,"featured_media":32347,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92,1],"tags":[1080,216,668,638],"class_list":["post-32346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-property-report","tag-economic-growth","tag-india","tag-investment","tag-real-estate","news_country-india","news_author-property-report"],"acf":[],"yoast_head":"\nA gentle nudge for Indian real estate in 2023 | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.asiapropertyawards.com\/en\/a-gentle-nudge-for-indian-real-estate-in-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A gentle nudge for Indian real estate in 2023 | Asia Property Awards\" \/>\n<meta property=\"og:description\" content=\"Investors acknowledge India as one of the internationally preferred investment locations\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.asiapropertyawards.com\/en\/a-gentle-nudge-for-indian-real-estate-in-2023\/\" \/>\n<meta property=\"og:site_name\" content=\"Asia Property Awards\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/asiapropertyawards\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-16T00:48:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-18T01:11:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2023\/02\/shutterstock_1136356946.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Content Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AsiaPropAwards\" \/>\n<meta name=\"twitter:site\" content=\"@AsiaPropAwards\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Content Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/a-gentle-nudge-for-indian-real-estate-in-2023\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/a-gentle-nudge-for-indian-real-estate-in-2023\\\/\"},\"author\":{\"name\":\"Content Writer\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/person\\\/60e0732a149bc2fbe99629e45c8be3c2\"},\"headline\":\"A gentle nudge for Indian real estate in 2023\",\"datePublished\":\"2023-02-16T00:48:39+00:00\",\"dateModified\":\"2023-02-18T01:11:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/a-gentle-nudge-for-indian-real-estate-in-2023\\\/\"},\"wordCount\":374,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/a-gentle-nudge-for-indian-real-estate-in-2023\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2023\\\/02\\\/shutterstock_1136356946.jpg\",\"keywords\":[\"economic growth\",\"india\",\"investment\",\"real estate\"],\"articleSection\":[\"News\",\"Property Report\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/a-gentle-nudge-for-indian-real-estate-in-2023\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/a-gentle-nudge-for-indian-real-estate-in-2023\\\/\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/a-gentle-nudge-for-indian-real-estate-in-2023\\\/\",\"name\":\"A gentle nudge for Indian real estate in 2023 | Asia Property Awards\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/a-gentle-nudge-for-indian-real-estate-in-2023\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/a-gentle-nudge-for-indian-real-estate-in-2023\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2023\\\/02\\\/shutterstock_1136356946.jpg\",\"datePublished\":\"2023-02-16T00:48:39+00:00\",\"dateModified\":\"2023-02-18T01:11:21+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/a-gentle-nudge-for-indian-real-estate-in-2023\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/a-gentle-nudge-for-indian-real-estate-in-2023\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/a-gentle-nudge-for-indian-real-estate-in-2023\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2023\\\/02\\\/shutterstock_1136356946.jpg\",\"contentUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2023\\\/02\\\/shutterstock_1136356946.jpg\",\"width\":1000,\"height\":667},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/a-gentle-nudge-for-indian-real-estate-in-2023\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"A gentle nudge for Indian real estate in 2023\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/\",\"name\":\"Asia Property Awards\",\"description\":\"PropertyGuru Asia Property Awards\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#organization\",\"name\":\"Asia Property Awards\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Trophy_2.png\",\"contentUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Trophy_2.png\",\"width\":1920,\"height\":1080,\"caption\":\"Asia Property Awards\"},\"image\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/asiapropertyawards\",\"https:\\\/\\\/x.com\\\/AsiaPropAwards\",\"https:\\\/\\\/www.instagram.com\\\/asiapropertyawards\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/showcase\\\/asia-property-awards\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCCMEFMU-KW5dEKfb5dPTL9Q\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/person\\\/60e0732a149bc2fbe99629e45c8be3c2\",\"name\":\"Content Writer\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/author\\\/intern\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"A gentle nudge for Indian real estate in 2023 | Asia Property Awards","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.asiapropertyawards.com\/en\/a-gentle-nudge-for-indian-real-estate-in-2023\/","og_locale":"en_US","og_type":"article","og_title":"A gentle nudge for Indian real estate in 2023 | Asia Property Awards","og_description":"Investors acknowledge India as one of the internationally preferred investment locations","og_url":"https:\/\/www.asiapropertyawards.com\/en\/a-gentle-nudge-for-indian-real-estate-in-2023\/","og_site_name":"Asia Property Awards","article_publisher":"https:\/\/www.facebook.com\/asiapropertyawards","article_published_time":"2023-02-16T00:48:39+00:00","article_modified_time":"2023-02-18T01:11:21+00:00","og_image":[{"width":1000,"height":667,"url":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2023\/02\/shutterstock_1136356946.jpg","type":"image\/jpeg"}],"author":"Content Writer","twitter_card":"summary_large_image","twitter_creator":"@AsiaPropAwards","twitter_site":"@AsiaPropAwards","twitter_misc":{"Written by":"Content Writer","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.asiapropertyawards.com\/en\/a-gentle-nudge-for-indian-real-estate-in-2023\/#article","isPartOf":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/a-gentle-nudge-for-indian-real-estate-in-2023\/"},"author":{"name":"Content Writer","@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/person\/60e0732a149bc2fbe99629e45c8be3c2"},"headline":"A gentle nudge for Indian real estate in 2023","datePublished":"2023-02-16T00:48:39+00:00","dateModified":"2023-02-18T01:11:21+00:00","mainEntityOfPage":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/a-gentle-nudge-for-indian-real-estate-in-2023\/"},"wordCount":374,"commentCount":0,"publisher":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#organization"},"image":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/a-gentle-nudge-for-indian-real-estate-in-2023\/#primaryimage"},"thumbnailUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2023\/02\/shutterstock_1136356946.jpg","keywords":["economic growth","india","investment","real estate"],"articleSection":["News","Property Report"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.asiapropertyawards.com\/en\/a-gentle-nudge-for-indian-real-estate-in-2023\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.asiapropertyawards.com\/en\/a-gentle-nudge-for-indian-real-estate-in-2023\/","url":"https:\/\/www.asiapropertyawards.com\/en\/a-gentle-nudge-for-indian-real-estate-in-2023\/","name":"A gentle nudge for Indian real estate in 2023 | Asia Property Awards","isPartOf":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/a-gentle-nudge-for-indian-real-estate-in-2023\/#primaryimage"},"image":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/a-gentle-nudge-for-indian-real-estate-in-2023\/#primaryimage"},"thumbnailUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2023\/02\/shutterstock_1136356946.jpg","datePublished":"2023-02-16T00:48:39+00:00","dateModified":"2023-02-18T01:11:21+00:00","breadcrumb":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/a-gentle-nudge-for-indian-real-estate-in-2023\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.asiapropertyawards.com\/en\/a-gentle-nudge-for-indian-real-estate-in-2023\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.asiapropertyawards.com\/en\/a-gentle-nudge-for-indian-real-estate-in-2023\/#primaryimage","url":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2023\/02\/shutterstock_1136356946.jpg","contentUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2023\/02\/shutterstock_1136356946.jpg","width":1000,"height":667},{"@type":"BreadcrumbList","@id":"https:\/\/www.asiapropertyawards.com\/en\/a-gentle-nudge-for-indian-real-estate-in-2023\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.asiapropertyawards.com\/en\/"},{"@type":"ListItem","position":2,"name":"A gentle nudge for Indian real estate in 2023"}]},{"@type":"WebSite","@id":"https:\/\/www.asiapropertyawards.com\/en\/#website","url":"https:\/\/www.asiapropertyawards.com\/en\/","name":"Asia Property Awards","description":"PropertyGuru Asia Property Awards","publisher":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.asiapropertyawards.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.asiapropertyawards.com\/en\/#organization","name":"Asia Property Awards","url":"https:\/\/www.asiapropertyawards.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2023\/12\/Trophy_2.png","contentUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2023\/12\/Trophy_2.png","width":1920,"height":1080,"caption":"Asia Property Awards"},"image":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/asiapropertyawards","https:\/\/x.com\/AsiaPropAwards","https:\/\/www.instagram.com\/asiapropertyawards\/","https:\/\/www.linkedin.com\/showcase\/asia-property-awards","https:\/\/www.youtube.com\/channel\/UCCMEFMU-KW5dEKfb5dPTL9Q"]},{"@type":"Person","@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/person\/60e0732a149bc2fbe99629e45c8be3c2","name":"Content Writer","url":"https:\/\/www.asiapropertyawards.com\/en\/author\/intern\/"}]}},"_links":{"self":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/posts\/32346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/comments?post=32346"}],"version-history":[{"count":0,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/posts\/32346\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/media\/32347"}],"wp:attachment":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/media?parent=32346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/categories?post=32346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/tags?post=32346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}