Housing sales up by 5% in FY24 in Mumbai Metropolitan Region, launches down by 22%: Report
5 months, 3 weeks ago

Housing sales up by 5% in FY24 in Mumbai Metropolitan Region, launches down by 22%: Report

Hindustan Times  

Housing sales in the Mumbai Metropolitan Region increased by 5% to touch 1.32 lakh in FY24 from 1.25 lakh in FY23. Navi Mumbai witnessed the highest spike in unsold inventory in MMR which went up by 63% to touch 9,037 units in FY24 from 5,559 units in FY23. Sales remain strong in suburban real estate markets of Mumbai In eastern suburbs of Mumbai covering areas like Mulund, Bhandup, Ghatkopar, sales were up almost 9% in FY’24 to 15,110 units from 13,907 in FY23. The Thane real estate market on the other hand, witnessed a 9% increase in sales while launches went down by 36% and unsold inventory dipped by 2%, the report showed.

Mumbai Housing Sales Metro Units Thane South Mumbai Mmr Navi Mumbai Gupta Lakh Unsold Inventory Housing Sales Launches Fy24 Unsold Inventory Fy23 Mumbai Metropolitan Region 22 Report  unsold  mumbai  launches  fy24  metropolitan  fy23  inventory  lakh  22  report  sales  mmr  units  housing  region

History of this topic

Housing sales in Dec qtr to fall 21 pc in top 9 cities; demand up 25 pc in NCR: PropEquity
2 days, 17 hours ago

Housing sales in Dec qtr to fall 21 pc in top 9 cities; demand up 25 pc in NCR: PropEquity

Live Mint  

New Delhi, Dec 21 Housing sales are estimated to fall 21 per cent annually across nine major cities during October-December period to 1.08 lakh units on high base effect, according to PropEquity. Housing sales are estimated to fall in Hyderabad by 47 per cent to 12,682 units during October-December 2024 from 24,044 units in the year-ago period. In Bengaluru, sales …

FPIs stage a comeback in December, infuse ₹24,454 crore into Indian equities; Is the sell-off over?
2 weeks, 2 days ago

FPIs stage a comeback in December, infuse ₹24,454 crore into Indian equities; Is the sell-off over?

Live Mint  

Foreign portfolio investors took a sharp U-turn and turned net buyers in the first week of December, snapping their robust two-month selling streak over global cues. FPIs were net sellers in Indian markets last month amid the uptrend in the US market and US bond yields, fueled by Republican Donald Trump's victory in the US presidential elections and the US …

Year-ender 2024: Housing sales across 7 cities including Delhi NCR, Mumbai, Bengaluru expected to touch 3.05 lakh units
2 weeks, 4 days ago

Year-ender 2024: Housing sales across 7 cities including Delhi NCR, Mumbai, Bengaluru expected to touch 3.05 lakh units

Hindustan Times  

Housing sales across the top seven cities- Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Pune and Hyderabad - are expected to touch 3.05 lakh on the back of increase in demand. Year-ender 2024: Housing sales across the top seven cities- Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Pune and Hyderabad - are expected to touch 3.05 lakh on the back of increase in demand. …

FII selling crosses ₹2 trillion in FY25, may cross FY22 record
3 weeks, 6 days ago

FII selling crosses ₹2 trillion in FY25, may cross FY22 record

Live Mint  

Investors exiting India have net-sold over ₹2 trillion worth of shares this fiscal, setting the stage for what could be the worst year for foreign portfolio outflows on NSE's secondary market. As US bond yields rose and quarterly earnings disappointed amid lofty valuations, foreign institutional investors net-sold a record ₹1.17 trillion in the secondary market in NSE's cash segment in …

Housing sales across top 7 cities expected to witness double digit growth in 2024-2025: ICRA
4 months, 2 weeks ago

Housing sales across top 7 cities expected to witness double digit growth in 2024-2025: ICRA

Hindustan Times  

Presenting a stable outlook for the residential real estate sector in financial year 2024-25, credit rating agency ICRA Limited on August 7 said that housing sales across the country’s top cities - Mumbai Metropolitan Region, National Capital Region, Bengaluru, Hyderabad, Pune, Kolkata and Chennai - are expected to witness double digit growth in 2024-2025. Housing sales across top 7 cities …

Housing sales down 6% in April-June quarter; new supply remains flat in top 8 cities: PropTiger
5 months, 1 week ago

Housing sales down 6% in April-June quarter; new supply remains flat in top 8 cities: PropTiger

Hindustan Times  

Housing sales in the top eight cities fell 6% during the April-June period of 2024 compared to the previous quarter and new launches came down with both homebuyers and developers adopting a wait-and-watch approach ahead of the Lok Sabha polls, a quarterly analysis by digital real estate brokerage firm PropTiger.com showed. Housing sales in the top eight cities fell 6% …

Luxury homes above ₹1 crore witness 41% growth in sales; affordable housing sales decline
5 months, 2 weeks ago

Luxury homes above ₹1 crore witness 41% growth in sales; affordable housing sales decline

Hindustan Times  

Housing sales hit an 11-year high with 1.73 lakh units sold across the top eight Indian cities. NCR and Mumbai accounted for almost half of premium category sales in H1 2024, a new report by Knight Frank India showed. Home sales surged by 11% YoY to touch 1.73 lakh units sold across the country’s top eight markets in H1 2024, …

Godrej Properties sales bookings in FY24 cross ₹22,500 crore, up 84% year-on-year
8 months, 2 weeks ago

Godrej Properties sales bookings in FY24 cross ₹22,500 crore, up 84% year-on-year

Hindustan Times  

Mumbai-based real estate firm Godrej Properties on April 9 reported a 84% year-on-year increase in sales bookings to a record ₹22,500 crore on the back of increased housing demand, the company said in a regulatory filing. Mumbai-based real estate firm Godrej Properties has reported a 84% year-on-year increase in sales bookings to a record ₹ 22,500 crore on the back …

Retail Car Sales Rise 8.45% in FY24: FADA
8 months, 2 weeks ago

Retail Car Sales Rise 8.45% in FY24: FADA

Deccan Chronicle  

Passenger vehicles retail sales in March declined by 6 per cent year-on-year, but rose 8.45 per cent in FY24, the Federation of Automobile Dealers Association said on Monday. PV retail sales in March dropped 6 per cent YoY at 3,22,345 units after a sustained increase in sales over the last few months. Singhania said, "Enhanced supply dynamics, strategic marketing efforts, …

February PV sales jump 11% to 3.73 lakh units
9 months, 3 weeks ago

February PV sales jump 11% to 3.73 lakh units

New Indian Express  

NEW DELHI: In another bumper month for domestic automobile industry, domestic passenger vehicle sales stood at more than 3.73 lakh units in February 2024, up 11.3% year-on-year. During the first 11 months of FY24, PV sales surged to 38.59 lakh units, a growth of 8.6% YoY. Maruti reported a 9% growth in February 2024 domestic PV sales at 1,60,271 units …

Housing sales for Delhi-NCR cross ₹50,000 crore mark
1 year ago

Housing sales for Delhi-NCR cross ₹50,000 crore mark

Hindustan Times  

Housing sales across the top seven markets in India saw a massive boost this year, registering more sales in the first nine months of 2023 than in 2022 in its entirety, real-estate consultancy firm Anarock said in a report released on Thursday. According to Anarock, the top 7 cities in India saw inventory worth ₹3.48lakh crore sold in the first …

Delhi-NCR Saw Lowest Sale Of Newly Launched Housing Units In Q1 2023: Report
1 year, 6 months ago

Delhi-NCR Saw Lowest Sale Of Newly Launched Housing Units In Q1 2023: Report

News 18  

While ready-to-move-in homes still top the wish-list of most home seekers in the top 7 cities, newly launched units are gaining increasing acceptance. 1.14 lakh homes sold in Q1 2023 across the top 7 cities, over 41% were in newly launched projects. At 30%, NCR saw the lowest sales share of newly launched units in Q1 2023. NCR saw the …

Housing sales surge 48% in FY23 to ₹3.47 lakh crore: Report
1 year, 7 months ago

Housing sales surge 48% in FY23 to ₹3.47 lakh crore: Report

Hindustan Times  

Housing sales rose 48 per cent year-on-year to ₹3.47 lakh crore during the last fiscal across seven major cities on higher volumes and better price realisation, according to Anarock. According to the data, housing sales in Delhi-NCR rose 42 per cent to ₹50,620 crore last fiscal from ₹35,610 crore in the previous year. In Pune, housing sales rose 77 per …

India's top 7 cities register record housing sales in 2022 at almost 3.65 lakh units: Anarock
1 year, 11 months ago

India's top 7 cities register record housing sales in 2022 at almost 3.65 lakh units: Anarock

The Hindu  

Housing sales hit an all-time high this year to almost 3.65 lakh units across seven major cities, beating the previous high of 2014, on strong demand for residential properties despite a hike in mortgage rates, according to Anarock. Releasing the demand-supply data of India's top residential primary markets, property consultant Anarock said that the housing sales rose 54% this year …

Sale of houses in Hyderabad sees 130% jump in first half of FY23
2 years, 1 month ago

Sale of houses in Hyderabad sees 130% jump in first half of FY23

Deccan Chronicle  

MUMBAI: Hyderabad saw sales of houses worth Rs 15,958 cr in the first half of FY23, as against Rs. The top 7 cities combined, saw sales of houses worth Rs 1,55,833 crore in the first half of FY23 as against Rs 71,295 crore, in FY22 and registered a yearly rise of 119% despite the increased interest rates and basic property …

Housing Realty: High Interest Rates Moderate Sales In June Quarter
2 years, 5 months ago

Housing Realty: High Interest Rates Moderate Sales In June Quarter

News 18  

Amid rising interest rates in the country after the RBI’s recent repo rate hikes and increasing property prices, housing sales in seven major cities saw a moderation of 15 per cent in the June 2022 quarter to 84,930 units, compared with 99,550 units in the March 2022 quarter, according to a report by real estate consultancy firm Anarock. The report …

‘State govt. policies, RBI measures led to rise in sale of homes in MMR’
3 years, 11 months ago

‘State govt. policies, RBI measures led to rise in sale of homes in MMR’

The Hindu  

After facing severe setbacks in the past quarters, housing sales and unveiling of new projects in the Mumbai Metropolitan Region showed a marked improvement in the last quarter of 2020, primarily due to various measures of the State government and relief from the Reserve Bank of India. The stamp duty reduction has been a key reason why sales have improved …

MMR, Pune may outperform other cities in festive housing sales
4 years, 1 month ago

MMR, Pune may outperform other cities in festive housing sales

India TV News  

Mumbai Metropolitan Region and Pune may witness improved housing sales in this festive season, compared with the other cities, according to a report by Anarock Property Consultants. Citing the trend in the past five years, the Anarock report said that MMR and Pune are likely to witness the highest growth in housing sales during the ongoing festive quarter -- by …

Housing sales drop 35 pc in 7 cities in July-Sep despite demand recovery: Report
4 years, 2 months ago

Housing sales drop 35 pc in 7 cities in July-Sep despite demand recovery: Report

India TV News  

Housing sales across seven major cities in the country fell 35 per cent year-on-year to 50,983 units during the July-September period even as the demand recovered post lockdown, according to data analytics firm PropEquity. Last week, property consultant Anarock reported 46 per cent year-on-year drop in sales of residential properties during the July-September quarter at 29,520 units in these seven …

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