AGP Executive Report
Last update: an hour agoHousing Policy: Madhya Pradesh’s draft plan puts affordable rentals near hospitals, industrial clusters and IT parks, targeting workers priced out of homeownership. It projects demand for 17.17 lakh affordable homes by 2036. Market Pressure: Higher mortgage costs are weighing on buyers, with affordability also squeezed by insurance, taxes and maintenance. Southern California home purchases have slumped, while lower rates recently lifted mortgage applications for the first time in seven weeks. Landlord Rules: A Washington appeals court revived a property firm’s challenge to Seattle tenant laws, finding it had sufficiently described how the rules affected its rights as an affordable-housing owner. Commercial Space: Indian companies now account for 23.4% of flexible-office demand, overtaking small and midsize businesses; average corporate requirements have more than doubled since 2023.
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