Buyers of homes worth ₹3 crore and above take the least time to buy property: Report
1 month, 4 weeks ago

Buyers of homes worth ₹3 crore and above take the least time to buy property: Report

Hindustan Times  

Buyers of ultra luxury homes priced at ₹3 crore and above took the least time to decide on the purchase, approximately 15 days in H1FY 2025, while buyers of apartments priced between ₹50 lakh and ₹1 crore took almost a month to press the buy button, a report by Anarock has said. Buyers of ultra luxury homes priced at ₹ 3 crore and above took the least time to decide on the purchase, approximately 15 days in H1FY 2025. A deeper analysis of the budget category data shows that ultra-luxury homes involve the lowest conversion time, clocking in at just 15 days in H1 FY 2025. Conversion time for budget category homes Out of all budget categories, buyers of homes priced between ₹50 lakh to ₹1 crore took the most time to decide on buying a home from the day they first got a lead to paying the booking amount.

India Homes Luxury Conversion Crore Buyers Buy Took Puri 26 Days Priced H1 Fy 2025 Ultra Luxury Homes  homes  conversion  took  buyers  buy  priced  days  property  fy  worth  luxury  h1  crore  report

History of this topic

Year-ender 2024: Residential transactions cross 5.7 lakh mark, property prices jump 60% in 5 years
1 week, 2 days 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 real estate to remain gung ho on luxury, premium housing in 2025 as affordable takes a backseat
1 week, 3 days 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, …

Real estate prices in Delhi-NCR up by 56% to ₹1.45 crore in H1 FY25, Mumbai rates remain stable
1 month, 2 weeks ago

Real estate prices in Delhi-NCR up by 56% to ₹1.45 crore in H1 FY25, Mumbai rates remain stable

Hindustan Times  

The average home price in top seven cities touched ₹1.23 crore in H1 FY25, up 23% in a year. sold in H1 FY 2024, while H1 FY 2025 saw approximately 77,735 units worth approximately ₹1,14,529 crore sold, the analysis showed. In Hyderabad, H1 FY 2024 saw the average ticket size of sold units at ₹84 lakhs - this increased by …

Average Home Prices In Top 7 Cities Hit Rs 1.23 Crore, Anarock Data Reveals
1 month, 2 weeks ago

Average Home Prices In Top 7 Cities Hit Rs 1.23 Crore, Anarock Data Reveals

ABP News  

Average ticket size of homes sold in the top seven cities in India touched Rs 1.23 crore in the first half of the 2024-25 fiscal year, in comparison to Rs 1 crore in the same period a year earlier. The data showed that average ticket size climbed to Rs 1.21 crore in Bengaluru in H1FY25, in comparison to Rs 0.84 …

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

Real estate sales in H12024: Mumbai luxury housing deals drive growth, most buyers in 35-55 age bracket
5 months, 4 weeks ago

Real estate sales in H12024: Mumbai luxury housing deals drive growth, most buyers in 35-55 age bracket

Live Mint  

The real estate market of India is going through premiumisation and the luxury housing segment accounted for 41 per cent of sales growth in the first half of 2024, according to a Knight Frank India real estate sector report. Mumbai's luxury realty sector recorded a cumulative highest-ever half-yearly sales from luxury housing at ₹12,300 crore in the first half of …

Luxury realty booms: Homes above Rs 1 cr now 41% of India's housing sales
6 months ago

Luxury realty booms: Homes above Rs 1 cr now 41% of India's housing sales

Business Standard  

India's residential real estate market is experiencing a surge in activity, fueled by a robust economy and growing demand for luxury living. A new report by Knight Frank, titled "India Real Estate: Residential and Office, revealed that the first half of 2024 witnessed a significant jump in residential unit sales across India's top eight cities, including Mumbai, Delhi-NCR, Bengaluru, Pune, …

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

Homes worth ₹1.11 lakh crore sold during Jan-Mar 2024; Up by 68% in value terms: Report
8 months, 4 weeks ago

Homes worth ₹1.11 lakh crore sold during Jan-Mar 2024; Up by 68% in value terms: Report

Hindustan Times  

Homes worth ₹1.11 lakh crore were sold in the January to March 2024 period with housing sales increasing by 68% in value terms, according to a report by PropTiger.com Homes worth ₹ 1.11 lakh crore were sold in the January to March 2024 period with housing sales increasing by 68% in value terms, according to a report by PropTiger.com In …

5,411 residential properties worth ₹3279 crore registered in Hyderabad in Jan
10 months, 3 weeks ago

5,411 residential properties worth ₹3279 crore registered in Hyderabad in Jan

Hindustan Times  

As many as 5,411 residential properties were registered in January 2024 in Hyderabad registering a marginal decline of 1% Year-on-Year. As many as 5,411 residential properties were registered in January 2024 in Hyderabad The Hyderabad residential market includes four districts namely Hyderabad, Medchal-Malkajgiri, Rangareddy and Sangareddyand covers home sales pertinent to the primary and secondary real estate markets. In January …

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