Average Apartment Sale Price In India Hits Rs 1.64 Crore In 2024: Report
3 months, 3 weeks ago

Average Apartment Sale Price In India Hits Rs 1.64 Crore In 2024: Report

ABP News  

India saw the sale of 2.3 lakh homes valued at Rs 3.8 trillion in the first nine months of 2024, with an average sale price of Rs 1.64 crore per apartment, driven mainly by premium projects, particularly in Delhi NCR, according to global real estate consultancy firm JLL. “With capital values surging and being at an all-time high, close to Rs 380,000 crore worth of homes have already been sold across the top seven cities in the first 9 months of 2024, taking the average sale value of an apartment to Rs 1.64 crore. In the first nine months of 2024, Delhi NCR led both in sales value and area sold, reflecting a strong demand for larger and premium homes in the region. Consequently, the total sales realisation value is projected to reach Rs 510,000 crore, with around 485 million square feet of area likely to be sold by the end of 2024.

India Homes Bengaluru Delhi Mumbai Housing 2024 Crore Sold Ncr Jll Delhi Ncr Sales Value  sale  housing  india  apartment  delhi  sales  value  rs  sold  homes  hits  2024  ncr  crore  price  report  average

History of this topic

Housing sales may fall 28 pc in Jan-Mar to 93,280 units in 7 major cities: Anarock
2 days, 4 hours ago

Housing sales may fall 28 pc in Jan-Mar to 93,280 units in 7 major cities: Anarock

Live Mint  

New Delhi, Mar 27 Housing sales are estimated to decline 28 per cent in January-March period across seven major cities to 93,280 units due to high prices and global uncertainties, according to Anarock. As per the data, the total housing sales are estimated at 93,280 units in January-March 2025, a 28 per cent decline from 1,30,170 units in the year-ago …

Housing Sales Likely To Tank 23 Per Cent In Jan-March, Bengaluru, Delhi NCR Only Exceptions To The Trend: PropEquity
6 days ago

Housing Sales Likely To Tank 23 Per Cent In Jan-March, Bengaluru, Delhi NCR Only Exceptions To The Trend: PropEquity

ABP News  

The Indian housing market experienced a notable downturn in the first quarter of 2025. Alongside declining sales, new housing supply is also projected to see a sharp fall and decline by 34 per cent to 80,774 units in the first quarter of 2025 compared to 1,22,365 units in the same period last year. City-Wise Housing Sales Performance While most cities …

Housing sales drop 23%, supply falls 34% in top 9 cities in Q1 2025: PropEquity
6 days, 4 hours ago

Housing sales drop 23%, supply falls 34% in top 9 cities in Q1 2025: PropEquity

Live Mint  

New Delhi, March 23 : The housing market continued its downward trend with housing sales in India's top nine cities falling by 23 per cent while supply declined by a whopping 34 per cent in Jan-March of 2025, said a report by data analytics firm PropEquity. Housing supply, on the other hand, stood at 80,774 units in Q1 2025 as …

Bengaluru man says Rs 1.5 lakh/month not enough: 'Everything is super inflated'
Trending News
1 week, 4 days ago

Bengaluru man says Rs 1.5 lakh/month not enough: 'Everything is super inflated'

India Today  

Earning Rs 1.5 lakh a month may seem like a dream to many, but for a Bengaluru resident on Reddit, the reality is quite different. I earn about Rs 1.5 lakh per month and have my family and an EMI to take care of in my hometown. I save up some money each month, let's say about 30-40k.” He mentioned …

Office Space Demand In Delhi-NCR Soars 61%; Here's Which Sector Led The Growth
2 weeks, 2 days ago

Office Space Demand In Delhi-NCR Soars 61%; Here's Which Sector Led The Growth

ABP News  

The Delhi-National Capital Region office market recorded a 61 per cent year-on-year increase in net absorption at 9.5 million square feet in 2024, the highest among the top seven cities, a report showed on Thursday. Overall, the net office absorption in top seven cities reached nearly 50 million sq ft, marking a substantial 29 per cent year-on-year increase from 38.64 …

Bengaluru homebuyers struggle with affordability crisis as mid-end housing launches fall by 29%, says NoBroker report
2 weeks, 2 days ago

Bengaluru homebuyers struggle with affordability crisis as mid-end housing launches fall by 29%, says NoBroker report

Hindustan Times  

As real estate developers increasingly focus on high-margin luxury projects, budget-conscious buyers face growing challenges to homeownership. The launch of mid-end housing projects, with properties priced between ₹40 lakh and ₹80 lakh, in Bengaluru dropped by 29% in 2024, according to a report by NoBroker. The launch of mid-end housing projects, with properties priced between ₹ 40 lakh and ₹ …

Gurugram helps Delhi-NCR to gain top position in realty with sales value surpassing Mumbai, Hyderabad
2 weeks, 3 days ago

Gurugram helps Delhi-NCR to gain top position in realty with sales value surpassing Mumbai, Hyderabad

The Hindu  

In 35 years of attracting corporate houses through affordable real estate and now emerging as a top destination for luxury housing to house those working there, Hayana’s capital Gurugram has now helped Delhi-NCR to the top position in terms of housing sales value in 2024 by pipping Mumbai and Hyderabad according to a study by Proptech firm PropEquity. The total …

Housing sales in Gurugram cross ₹1 lakh crore in 2024, Delhi-NCR pips Mumbai and Hyderabad: PropEquity
2 weeks, 4 days ago

Housing sales in Gurugram cross ₹1 lakh crore in 2024, Delhi-NCR pips Mumbai and Hyderabad: PropEquity

Hindustan Times  

Delhi-NCR has pipped Mumbai and Hyderabad to emerge as the top selling housing market across nine cities in 2024 owing to 66% growth in sales value in Gurugram alone. With this, Delhi-NCR has breached the ₹1 lakh crore sales value threshold, a report by PropEquity, a real estate data analytics firm has said. Delhi-NCR has pipped Mumbai and Hyderabad to …

Bengaluru real estate market: Is finding love easier that renting an apartment?
2 weeks, 6 days ago

Bengaluru real estate market: Is finding love easier that renting an apartment?

Hindustan Times  

Bengaluru’s surging rental market has made house-hunting a daunting challenge for newcomers, prompting some to quip that finding love in the city is easier than securing an apartment on rent IT professional Himanshi Chhablani recently took to Facebook to share her challenges navigating Bengaluru’s skyrocketing rental market. Bengaluru’s surging rental market has made house-hunting a daunting challenge for newcomers, prompting …

Rents are increasing faster than salaries in Bengaluru. Details here
3 weeks, 1 day ago

Rents are increasing faster than salaries in Bengaluru. Details here

India Today  

Bengaluru’s escalating rents are making housing unaffordable for many, with rent hikes exceeding salary increases, reported Business Today. The post summed up the problem: “Rents are increasing faster than salaries.” The user pointed out that a three BHK now costs nearly Rs 90,000 in prime areas, while even in Sarjapur Road and Bellandur, which are close to tech parks, rents …

How big a house can you buy in Delhi or Mumbai for ₹8.7 crore? Find out here
Trending News
3 weeks, 1 day ago

How big a house can you buy in Delhi or Mumbai for ₹8.7 crore? Find out here

Live Mint  

Amid the soaring real estate prices in Mumbai, a person can afford approximately 1,065 sq ft of residential property in 2024 for ₹8.7 crore, compared to 1,097 sq ft in the previous year, Hindustan Times quoted a Knight Frank’s The Wealth Report 2025. Though prime international markets saw an average price surge of 3.6 percent in 2024, Indian cities continue …

How big a house can you buy for $1 million in Mumbai, Bengaluru and Delhi?
3 weeks, 2 days ago

How big a house can you buy for $1 million in Mumbai, Bengaluru and Delhi?

Hindustan Times  

With soaring real estate prices in Mumbai, $1 million could buy approximately 1,065 sq ft of residential property in 2024, reflecting a 3% decline from 1,097 sq ft in the previous year. Prime property prices in Delhi and Bengaluru have become more affordable over the decade, offering 11% more in Delhi and 9% more in Bengaluru, per Knight Frank’s Wealth …

Delhi-NCR housing prices see 31% growth; Overall 10% increase across eight cities in Oct-Dec: Report
1 month ago

Delhi-NCR housing prices see 31% growth; Overall 10% increase across eight cities in Oct-Dec: Report

Hindustan Times  

Housing prices rose by an average of 10% during the December quarter across eight major cities, driven by strong demand and higher input costs, according to a report by CREDAI, Colliers, and Liases Foras. Housing prices rose by an average of 10% during the December quarter across eight major cities, driven by strong demand and higher input costs, a report …

Housing prices rise 10 pc in Oct-Dec in 8 cities, Delhi-NCR tops with 31 pc appreciation: Report
1 month ago

Housing prices rise 10 pc in Oct-Dec in 8 cities, Delhi-NCR tops with 31 pc appreciation: Report

Live Mint  

New Delhi, Feb 25 Housing prices appreciated at an average of 10 per cent during the December quarter across eight major cities on strong demand, higher input cost, according to a report by CREDAI, Colliers and Liases Foras. CREDAI National President Boman Irani said, "The sustained growth in housing prices underscores the strong confidence among homebuyers, driven by a preference …

Bengaluru real estate: 1BHKs in Bengaluru in high demand due to soaring rentals and high returns on investment
1 month, 1 week ago

Bengaluru real estate: 1BHKs in Bengaluru in high demand due to soaring rentals and high returns on investment

Hindustan Times  

About two months ago, Srinivas Gowda relocated to Bengaluru’s prime HSR Layout to be closer to his workplace. Demand for 1BHK apartments in Bengaluru's city centre and IT corridors remains strong, particularly among students and young professionals relocating for job opportunities. In Bengaluru, 1BHK apartments typically offer more than 5% rental yield, whereas 2BHK units generate around 3-4%, making them …

Property prices go up by 17% in Sept-Dec quarter in 2024
1 month, 1 week ago

Property prices go up by 17% in Sept-Dec quarter in 2024

Deccan Chronicle  

Hyderabad: Hyderabad will achieve a major feat this year by adding 17 million square feet of Grade A/A+ office space, marking the fastest infusion ever in a single year. However, primary sales performance in the Hyderabad market for the last quarter showed a decline, with the value of units sold decreasing by nine per cent compared to Q4 2023. Abhishek …

Not Mumbai or Bengaluru, this Indian city leads in luxury home price surge
1 month, 2 weeks ago

Not Mumbai or Bengaluru, this Indian city leads in luxury home price surge

India Today  

When we think of the most expensive luxury real estate in India, we tend to picture South Mumbai’s sea-facing apartments or Bengaluru’s tech-driven penthouses. New Delhi, often known for its political power corridors, is now making waves in the premium housing market, outpacing even Mumbai in luxury home price appreciation. The city saw a 6.1% year-on-year increase in luxury home …

Global Luxury Market Rankings: Delhi, Mumbai, Bengaluru among top 15 cities in home price rise | Check list
1 month, 2 weeks ago

Global Luxury Market Rankings: Delhi, Mumbai, Bengaluru among top 15 cities in home price rise | Check list

India TV News  

A latest report revealed that New Delhi is placed at the sixth position among 44 global cities in terms of luxury home price appreciation, according to Knight Frank's 'Prime Global Cities Index Q4 2024' report. List of to cities globally in luxury home price rise: Rank Cities Increase in Avg prices 1 Seoul 18.4% 2 Manila 17.9% 3 Dubai 16.9% …

Supply of mid-segment homes priced ₹1 crore and below dips 30% in top 9 cities in one year: PropEquity
2 months ago

Supply of mid-segment homes priced ₹1 crore and below dips 30% in top 9 cities in one year: PropEquity

Hindustan Times  

As real estate developers shift focus on luxury housing, the supply of homes in the affordable and mid-income category priced ₹1 crore and below has dipped by 30% in the last year across nine cities to 1,98,926 units in 2024 from 2,83,323 units in the preceding year. Supply of homes in the affordable and mid-income category priced ₹ 1 crore …

Growth in housing prices to moderate at 3-4pc next fiscal: India Ratings
2 months ago

Growth in housing prices to moderate at 3-4pc next fiscal: India Ratings

Hindustan Times  

New Delhi, Jan 28 Housing prices are likely to rise 3-4 per cent next fiscal on high base effect and better supply, according to India Ratings and Research. Housing prices are likely to rise 3-4 per cent next fiscal on high base effect and better supply, according to India Ratings and Research. Ind-Ra expects property prices to increase 5-6 per …

Supply of homes priced below ₹1 cr falls 30 pc in 2024: PropEquity
2 months ago

Supply of homes priced below ₹1 cr falls 30 pc in 2024: PropEquity

Live Mint  

New Delhi, Jan 28 Fresh supply of affordable and mid-income homes costing up to ₹1 crore fell 30 per cent last year to nearly 1.99 lakh units across nine major cities, according to PropEquity. Among nine cities, the fresh supply of homes costing up to ₹1 crore slipped 11 per cent in Bengaluru to 25,012 units during 2024 against 28,206 …

Bengaluru real estate: Here's what you should know if you are planning to buy a residential plot in the IT city
2 months ago

Bengaluru real estate: Here's what you should know if you are planning to buy a residential plot in the IT city

Hindustan Times  

Rajesh Joshi works in the hospitality sector and has been looking to purchase a residential plot in Bengaluru. He has found several plotted development projects in north Bengaluru spread across 1350 sq ft for about ₹50 lakh. Investment options in Bengaluru According to real estate experts, plotted development prices have appreciated in places in north Bengaluru like Devanahalli, Hennur, Bagalur, …

Retail leasing hits 8.1 million sq ft across eight cities in 2024; Bengaluru tops the list
2 months ago

Retail leasing hits 8.1 million sq ft across eight cities in 2024; Bengaluru tops the list

Hindustan Times  

Retail leasing touched around 8.1 million sq ft in 2024 across eight cities in India, with Bengaluru leading in space absorption, followed by Delhi-NCR and Mumbai, a report by JLL has shown. The JLL report said retail leasing touched around 8.1 million sq ft in 2024 across eight cities in India, with Bengaluru leading in space absorption, followed by Delhi-NCR …

Leasing of retail space in 2025 to surpass levels of 2023, top 7 cities to add 9 million sq ft: JLL
2 months ago

Leasing of retail space in 2025 to surpass levels of 2023, top 7 cities to add 9 million sq ft: JLL

Live Mint  

New Delhi, January 25 : The top 7 Indian cities are set to see the addition of nearly 9 million sq ft of new retail space in 2025, with gross leasing volume expected to surpass 2023's 8.7 million sq ft, according to the commercial real estate and investment management company, JLL India. Despite continued interest from international retailers, domestic retailers …

Bengaluru real estate: Netizens discuss case of ₹40,000 rent for a 1BHK in the IT capital
2 months ago

Bengaluru real estate: Netizens discuss case of ₹40,000 rent for a 1BHK in the IT capital

Hindustan Times  

In another social media discussion on Bengaluru’s rental housing market, a Reddit post revealed that a landlord is charging ₹40,000 per month and ₹4.8 lakh as a security deposit from a prospective tenant, sparking a debate on how rentals in the city have shot through the roof. In another social media discussion on Bengaluru’s rental housing market, a Reddit post …

Housing sales drop 9 pc across 9 major cities to 4.71 lakh units in 2024: PropEquity
2 months, 1 week ago

Housing sales drop 9 pc across 9 major cities to 4.71 lakh units in 2024: PropEquity

Live Mint  

New Delhi, Jan 22 Housing sales across nine major cities dropped 9 per cent to nearly 4.71 lakh units in 2024 on lower demand as well as fall in fresh supply, according to PropEquity. As per the data, the sales of residential properties declined 9 per cent to 4,70,899 units during 2024 from 5,14,820 units in the preceding year. As …

Housing sales dip by 9% in 2024; Hyderabad sees maximum decline: PropEquity
Trending News
2 months, 1 week ago

Housing sales dip by 9% in 2024; Hyderabad sees maximum decline: PropEquity

Hindustan Times  

Housing sales in the top nine cities declined by 9% to almost 4.7 lakh units. Housing sales in the top nine cities declined by 9% to almost 4.7 lakh units, a report by Propequity showed. Housing sales rose in only two of the nine cities in 2024, with Navi Mumbai recording the highest growth and Hyderabad recording the highest decline. …

Bengaluru real estate: Here’s why demand for villas in the IT capital is rising
Trending News
2 months, 1 week ago

Bengaluru real estate: Here’s why demand for villas in the IT capital is rising

Hindustan Times  

Sudarshan Kapoor has been working in Bengaluru's IT sector for the last four years. Bengaluru real estate market has seen several launches of villa projects in the outskirts of Whitefield in the ₹ 2-5 crore price range. However, local brokers say the demand for villas has increased, and several developers are now launching villas in the luxury segment priced between …

Sales of luxury homes in the price range of ₹3 to 5 crore surge by 86%, and those costing below ₹50 lakh dip by 14%
2 months, 1 week ago

Sales of luxury homes in the price range of ₹3 to 5 crore surge by 86%, and those costing below ₹50 lakh dip by 14%

Hindustan Times  

While sales of properties in the ₹3–5 crore category surged 86% in 2024, apartments in the ₹50 lakh price range, fell by 14% due to fewer launches of affordable housing projects and rising prices, according to a report by JLL India. Sales of luxury homes in the price range of ₹ 3 to 5 crore surge by 86%, and those …

Here’s how much a luxury apartment will cost in Mumbai, Bengaluru and Delhi-NCR
2 months, 1 week ago

Here’s how much a luxury apartment will cost in Mumbai, Bengaluru and Delhi-NCR

Hindustan Times  

The real estate market continues to witness a demand for luxury properties, especially those priced between ₹10 crore and ₹200 crore in cities such as Mumbai, Bengaluru, and Delhi-NCR. The real estate market continues to witness a demand for luxury properties, especially those priced between ₹ 10 crore and ₹ 200 crore in cities such as Mumbai, Bengaluru, and Delhi-NCR. …

Housing sales across top 8 cities dip by 26% in Q4 2024, launches down by 33%: Proptiger
2 months, 1 week ago

Housing sales across top 8 cities dip by 26% in Q4 2024, launches down by 33%: Proptiger

Hindustan Times  

Housing sales across India's prime residential markets dipped by 26% to 1.06 lakh units across eight major cities in the October-December period in 2024 compared to around 1.43 units in the same quarter in 2023, according to the latest report by PropTiger. Real estate consultant PropTiger, however, said that sales of residential properties in 2024 rose 6 per cent to …

Luxury housing sales, priced at ₹4 crore and above, increase by 53% in 2024 across the top seven cities
2 months, 2 weeks ago

Luxury housing sales, priced at ₹4 crore and above, increase by 53% in 2024 across the top seven cities

Hindustan Times  

As many as 19,700 luxury housing units, priced ₹4 crore and above, were sold across the top seven cities in CY 2024, registering around 53% Year-on-Year growth. As many as 19,700 luxury housing units priced ₹ 4 crore and above were sold across the top seven cities in CY 2024, registering around 53% Year-on-Year growth. Delhi-NCR, Mumbai, and Hyderabad emerged …

Bengaluru real estate market: Is renting a flat in the IT city for less than ₹20,000 per month possible?
2 months, 2 weeks ago

Bengaluru real estate market: Is renting a flat in the IT city for less than ₹20,000 per month possible?

Hindustan Times  

Despite rents in Bengaluru having shot through the roof, particularly in prime residential areas like Indiranagar and Koramangala, there are a few pockets where one can rent smaller housing units such as 1BHKs and studio apartments for less than ₹20,000 per month. Despite rents in Bengaluru having shot through the roof, particularly in prime residential areas like Indiranagar and Koramangala, …

Top Cities Close 2000 Acres in Land Deals, Up 54 Percent in 2024
2 months, 2 weeks ago

Top Cities Close 2000 Acres in Land Deals, Up 54 Percent in 2024

Deccan Chronicle  

Chennai: The top eight cities saw land deals of 2000 acres closing in 2024, while the private equity investments in the real estate sector moved up to $2.82 billion in the first nine months of FY25. The total land deal volume surged by 54 per cent in 2024 to 2000 acres against 1300 acres in 2023. Meanwhile, Private Equity deals …

Average deal size in commercial market up by over 10% in 2024: Knight Frank India
2 months, 2 weeks ago

Average deal size in commercial market up by over 10% in 2024: Knight Frank India

Live Mint  

New Delhi, : The average deal size for the commercial market across the leading eight markets in the country has increased by 10.24 per cent, from 37,976 square feet in 2023 to 41,867 sq ft in 2024, according to Knight Frank India. The surge in average deal size is a reflection of the growing demand for higher-quality office spaces with …

Hyderabad leads office space deals with largest average size in 2024: Knight Frank India
2 months, 2 weeks ago

Hyderabad leads office space deals with largest average size in 2024: Knight Frank India

The Hindu  

Hyderabad has emerged as the top city in India for average office space deal size in 2024, recording 70,535 square feet per transaction. This marks a 10.13% increase from 2023, when the average deal size stood at 64,042 square feet, according to a recent report by Knight Frank India. Bengaluru secured the second spot in the rankings, with an average …

Ultra luxury homes valued over Rs 4700 crore sold in 2024
2 months, 2 weeks ago

Ultra luxury homes valued over Rs 4700 crore sold in 2024

Deccan Chronicle  

Chennai: In 2024, top seven cities saw sales of 59 ultra luxury homes priced over Rs 40 crore, cumulatively priced Rs 4,754 crore. The collective sales value of Rs 4,754 crore saw a 17 per cent yearly surge in 2024 against 58 ultra-luxury homes sold for Rs 4,063 crore in 2023. Mumbai saw 52 units sold at price tags of …

Luxury real estate deals: 59 ultra-luxury homes worth ₹4754 crore sold in 2024
2 months, 2 weeks ago

Luxury real estate deals: 59 ultra-luxury homes worth ₹4754 crore sold in 2024

Hindustan Times  

As many as 59 ultra-luxury housing units priced over ₹40 crore were sold across the top seven cities in 2024 for a collective sales value of approximately ₹4754 crore. As many as 59 ultra-luxury housing units priced over ₹ 40 crore were sold across the top seven cities in 2024 for a collective sales value of approximately ₹ 4754 crore. …

Mumbai real estate market witnesses 11% increase in housing sales in 2024, demand for luxury homes up: Knight Frank
2 months, 2 weeks ago

Mumbai real estate market witnesses 11% increase in housing sales in 2024, demand for luxury homes up: Knight Frank

Hindustan Times  

Mumbai’s residential real estate market saw an 11% increase in housing sales in 2024, especially luxury homes in the ₹5 to ₹10 crore price range and ₹20 to ₹50 crore segment, according to a report by Knight Frank India. Mumbai’s residential real estate market saw an 11% increase in housing sales in 2024, especially luxury homes in the ₹ 5-10 …

Bengaluru leads office space absorption with over 14 million sq ft, up by 66% YoY in 2024
2 months, 3 weeks ago

Bengaluru leads office space absorption with over 14 million sq ft, up by 66% YoY in 2024

Hindustan Times  

Bengaluru has led the office space absorption across the top seven cities with 14.74 million sq ft of leasing, up by 66% from 9.01 msf in 2023, according to a JLL report on January 3. Bengaluru has led the office space absorption across the top seven cities with 14.74 million sq ft of leasing, up by 66% from 9.01 msf …

Real Estate Outlook 2025: 5 most sought-after areas for buying an apartment in the Mumbai Metropolitan Region
2 months, 3 weeks ago

Real Estate Outlook 2025: 5 most sought-after areas for buying an apartment in the Mumbai Metropolitan Region

Hindustan Times  

Mumbai real estate market reported over 1.41 lakh property registrations in 2024 and is expected to grow steadily in 2025, according to experts. However, according to the property registration data, western suburbs and central suburbs remain the most sought-after areas for buying an apartment in the Mumbai real estate market, data from Knight Frank India, a real estate consultancy, reveals. …

Real estate sector faces challenges amid declining home sales and high prices
2 months, 4 weeks ago

Real estate sector faces challenges amid declining home sales and high prices

Hindustan Times  

India's primary housing market may register a modest single-digit price rise in 2025 after appreciating by an average 21 per cent last year as developers are expected to boost new supply to match up demand, according to industry experts. After increasing by an average of 21% last year, India's primary housing market may have a small single-digit price increase in …

Year-ender 2024: Residential transactions cross 5.7 lakh mark, property prices jump 60% in 5 years
2 months, 4 weeks ago

Year-ender 2024: Residential transactions cross 5.7 lakh mark, property prices jump 60% in 5 years

Hindustan Times  

The Indian residential sector clocked 5.77 lakh property transactions in 2024, up by 4% from 5.56 lakh in 2023. Mumbai recorded the highest number of residential transactions worth ₹1.6 lakh crore with over 1.3 lakh units. Bengaluru and Pune followed with ₹0.6 lakh crore of residential transactions with 0.8 lakh and 1 lakh units, respectively. Western India dominated residential transactions …

India’s housing market in de-growth phase, pins hopes on Budget
2 months, 4 weeks ago

India’s housing market in de-growth phase, pins hopes on Budget

Live Mint  

New Delhi, New home sales in India declined for the first time since the pandemic, as a sharp rise in housing prices and elevated borrowing costs ruined buyers' appetite in 2024 and the real estate industry is now eyeing the upcoming Budget for favourable economic conditions a key to reviving demand conditions. India's residential real estate market, estimated to be …

India’s real estate to remain gung ho on luxury, premium housing in 2025 as affordable takes a backseat
2 months, 4 weeks ago

India’s real estate to remain gung ho on luxury, premium housing in 2025 as affordable takes a backseat

Live Mint  

Come 2025, India’s real estate developers will double down on luxury and premium housing, leaving the affordable segment to catch up. “We are strategically leveraging the robust demand in the luxury real estate segment by curating projects that align with the evolving preferences of modern buyers," said Robin Mangla, president, M3M India. DLF Ltd, India’s largest listed real estate company, …

Housing supply up 44 pc in NCR this year to 53K units; luxury home share in launches 60 pc: Anarock
3 months ago

Housing supply up 44 pc in NCR this year to 53K units; luxury home share in launches 60 pc: Anarock

Live Mint  

New Delhi, The Delhi-NCR housing market witnessed a 44 per cent growth in new supply this year to 53,000 units, of which nearly 60 per cent were ultra-luxury homes priced above ₹2.5 crore each, according to Anarock. As per the Anarock data, Delhi-NCR launched 53,000 new housing units in 2024 a significant 44 per cent rise over 2023. According to …

Mint Primer | Why 2024 was a mixed bag for the housing sector
3 months ago

Mint Primer | Why 2024 was a mixed bag for the housing sector

Live Mint  

Residential sales in the top seven cities saw a slight fall this year compared with 2023, against hopes they would touch a new peak in 2024. The sector’s growth momentum was dented not just by lower sales but also the new supply pipeline, as per Anarock Property Consultants. While sales saw a dip, they were offset by a 16% jump …

India real estate: Housing sales marginally down by 4% in top seven cities, Kolkata and Chennai the most hit: ANAROCK
3 months ago

India real estate: Housing sales marginally down by 4% in top seven cities, Kolkata and Chennai the most hit: ANAROCK

Hindustan Times  

Housing sales in the top seven Indian cities witnessed a marginal fall of 4% in 2024, with over 4.59 lakh units being sold compared to over 4.76 lakh units in 2023, according to the data of ANAROCK, a real estate consultancy. India real estate update: Housing sales in the top seven Indian cities witnessed a marginal fall of 4% in …

Housing sales volume falls 4 pc in 2024 in top 7 cities; value up 16 pc to ₹5.68 lakh cr: Anarock
3 months ago

Housing sales volume falls 4 pc in 2024 in top 7 cities; value up 16 pc to ₹5.68 lakh cr: Anarock

Live Mint  

New Delhi, Dec 26 Housing sales are estimated to fall 4 per cent this year in seven major cities to nearly 4.6 lakh units on lower launches, while sales in value terms are up 16 per cent to ₹5.68 lakh crore, according to Anarock. Real estate consultant Anarock on Thursday released its housing market data, showing a marginal 4 per …

Year-ender 2024: Top luxury housing deals in Bengaluru that had the IT city going the Mumbai way
3 months ago

Year-ender 2024: Top luxury housing deals in Bengaluru that had the IT city going the Mumbai way

Hindustan Times  

While Mumbai has long witnessed ultra-luxury real estate transactions, some worth as high as ₹100 crore, Bengaluru is fast catching up with demand for upscale residential properties. While Mumbai has long witnessed ultra-luxury real estate transactions, some worth as high as ₹ 100 crore, Bengaluru is fast catching up with demand for upscale residential properties. Top residential deals in Bengaluru …

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