Delhi-NCR housing market | Sales fall 19%, new supply down 56% in Apr-Jun
2 years, 5 months ago

Delhi-NCR housing market | Sales fall 19%, new supply down 56% in Apr-Jun

The Hindu  

Housing sales in Delhi-NCR fell 19% to 15,340 units in April-June compared to the previous quarter on lower demand due to rise in property prices as well as mortgage rates, according to Anarock data. Housing sales in Greater Noida fell to 2,750 units from 3,450 units, while new launches rose to 390 units in April-June from nil in the previous quarter. In Ghaziabad, housing sales declined to 1,650 units in April-June from 2,080 in the previous quarter but new launches rose to 740 units from 220 units. Housing sales in Faridabad, Delhi and Bhiwadi combined fell to 1,710 units during April-June 2022 from 2,410 units in the previous quarter.

Delhi Housing Faridabad Ghaziabad Gurugram Units Noida Quarter Ncr Greater Noida Housing Sales Fell Launches Previous New Launches June Quarter Bhiwadi Market Sales  units  delhincr  supply  previous  56  apriljune  fall  noida  launches  fell  quarter  19  market  sales  housing  aprjun

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, 16 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 …

Housing sales, supply decline in top nine cities in Q4CY24: PropEquity
3 days, 2 hours ago

Housing sales, supply decline in top nine cities in Q4CY24: PropEquity

New Indian Express  

In a less favourable development for the real estate sector, housing supply in the top nine cities is projected to decline by 33 per cent, while housing sales are expected to drop by 21 per cent in the October-December quarter of CY2024, according to real estate consultancy firm PropEquity on Saturday. Similarly, housing supply dropped to 85,765 units in Q4CY24 …

Average Apartment Sale Price In India Hits Rs 1.64 Crore In 2024: Report
2 weeks, 4 days 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 …

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. …

Real estate prices: Delhi-NCR’s housing prices surge by 30% YoY, Bengaluru witnesses 24% increase
3 weeks ago

Real estate prices: Delhi-NCR’s housing prices surge by 30% YoY, Bengaluru witnesses 24% increase

Hindustan Times  

Average housing prices across the top eight markets in India increased by 11% YoY at ₹11,000 per sq ft during Q3 2024 on the back of sturdy demand and positive market sentiments. Average housing prices across the top eight markets in India increased by 11% YoY at ₹ 11,000 per sq ft during Q3 2024 on the back of sturdy …

Top 6 Cities in India See Significant Surge in Home Sales in Q3 2024
1 month, 4 weeks ago

Top 6 Cities in India See Significant Surge in Home Sales in Q3 2024

Hindustan Times  

Indian homeowners have shown a strong interest in purchasing homes in major cities across the country during the January-September period of 2024. Pune and Delhi-NCR emerged as top performers, with a combined value of ₹4.26 lakh crore sold during the quarter. Delhi-NCR led the way with sales worth ₹1.2 lakh crore, while Pune sold the highest number of units at …

Housing inventory overhang at record low of 22 months in Q2 2024 as sales soar; Ahmedabad, Delhi-NCR top performers
2 months, 3 weeks ago

Housing inventory overhang at record low of 22 months in Q2 2024 as sales soar; Ahmedabad, Delhi-NCR top performers

Hindustan Times  

India’s residential real estate inventory overhang reached a record low of 22 months in the April-June period of 2024, down from 34 months in the same period last year, reflecting a healthier balance between supply and demand in the residential real estate market. Housing inventory overhang at historic low in Q2 2024; Ahmedabad, Delhi-NCR top performers In a quarterly report …

Average housing prices up 12% annually in April-June; NCR sees maximum appreciation of 30%: Report
3 months, 3 weeks ago

Average housing prices up 12% annually in April-June; NCR sees maximum appreciation of 30%: Report

Hindustan Times  

Average housing prices increased by 12% annually across eight major cities across the country with Delhi-NCR witnessing the highest price rise of 30%, a report by Credai, Colliers and Liases Foras has said. Average housing prices increased by 12% annually across eight major cities across the country with Delhi-NCR witnessing the highest price rise of 30% Positive homebuyer sentiment and …

Delhi-NCR real estate market: Affordable housing sales share dips to 24% in H1 2024, luxury sales touch 45%
4 months, 3 weeks ago

Delhi-NCR real estate market: Affordable housing sales share dips to 24% in H1 2024, luxury sales touch 45%

Hindustan Times  

Out of NCR's total housing sales of approximately 32,200 units in H1 2024, over 45% share was in the luxury segment, and 24% in the affordable segment. Gurugram saw the highest luxury sales in Delhi-NCR at approximately 10,365 units, followed by Noida and Greater Noida together at 3,550 units Of the total luxury sales in NCR in H1 2024, Gurugram …

Luxury Housing Sales Up 40 PC in June Qtr
5 months ago

Luxury Housing Sales Up 40 PC in June Qtr

Deccan Chronicle  

Chennai: Luxury housing sales were up 40 per cent in the June quarter and 27 per cent in the first half of the calendar year. During the Apr-June’24 quarter, the luxury housing segment across the top cities registered a 40 per cent increase in sales. Luxury housing sales were up 27 per cent to 8500 units against 6700 units in …

Luxury housing sales increase by 27% in the Jan-June period in 2024; Delhi-NCR tops list
5 months ago

Luxury housing sales increase by 27% in the Jan-June period in 2024; Delhi-NCR tops list

Hindustan Times  

More than 8500 luxury housing units were sold in the January to June 2024 period compared to around 6,700 units during the same period last year registering an almost 27% increase in sales. Delhi-NCR, Mumbai, and Hyderabad emerged as prominent markets, accounting for nearly 84% of the total luxury housing sales of units priced more than ₹4 crore across the …

Affordable housing supply drops 21% as premium apartments surge in major cities: JLL India report
5 months, 1 week ago

Affordable housing supply drops 21% as premium apartments surge in major cities: JLL India report

New Indian Express  

NEW DELHI: New supply of affordable apartments costing below Rs 50 lakh declined by 21 per cent in the April-June period across seven major cities as builders are launching more premium flats, according to real estate consultant JLL India. JLL India on Friday released data for the housing market of major seven cities, showing a 5 per cent increase in …

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% …

Housing Prices In Delhi NCR & MMR Climb 49% In 5 Years: Report
5 months, 2 weeks ago

Housing Prices In Delhi NCR & MMR Climb 49% In 5 Years: Report

News 18  

India’s two leading realty hotspots NCR and MMR have recorded breaking residential property sales. “Latest Anarock Research data finds that NCR recorded a 49% five-yearly jump in average residential prices between H1 2019 and H1 2024 – from Rs 4,565 per sq. residential prices b/w H1 2019 & H1 2024 MMR saw average residential prices appreciate 48% in the period …

Delhi-NCR’s unsold housing inventory reduces by 57%, Bengaluru’s unsold stock shrinks by 11% in 5 years
7 months ago

Delhi-NCR’s unsold housing inventory reduces by 57%, Bengaluru’s unsold stock shrinks by 11% in 5 years

Hindustan Times  

Delhi-NCR, once notorious for speculation-driven housing oversupply and all-round market disarray, is in significantly better shape than the other regions. NCR’s unsold stock declined by 57% from approximately 2 lakh units at Q1 2018-end to approximately 86,420 units by Q1 2024-end. In the West, MMR and Pune saw unsold stock decline by 8% in the last five years - from …

Delhi-NCR saw 29 land deals for approximately 314 acres closed in FY-24; Gurugram leads with 22 land deals
7 months, 4 weeks ago

Delhi-NCR saw 29 land deals for approximately 314 acres closed in FY-24; Gurugram leads with 22 land deals

Hindustan Times  

Delhi-NCR saw 29 land deals spread across 314 acres closed in FY 2024 as against 23 land deals covering approximately 273.9 acres in FY 2023, data shared by Anarock shows. In Gurugram 22 land deals totaling 208.22 acres were closed. “About 26 separate land deals, totaling approximately 298 acres, were proposed for residential and township projects to meet the region’s …

Housing sales in top seven cities record 14% increase in Q1 2024; prices rise by 10-32%
8 months, 3 weeks ago

Housing sales in top seven cities record 14% increase in Q1 2024; prices rise by 10-32%

Hindustan Times  

As many as 1.30 lakh housing units were sold in Q1 2024 across the top seven cities on the back of increase in demand which is a 14% yearly rise against approximately 1.13 lakh units sold in January-March period in 2023, according to data shared by Anarock. As many as 1.30 lakh housing units were sold in Q1 2024 across …

Over 4.35 lakh homes completed in 2023 across top seven cities, 59% in MMR and NCR
10 months ago

Over 4.35 lakh homes completed in 2023 across top seven cities, 59% in MMR and NCR

Hindustan Times  

More than 4.35 lakh housing units were completed in 2023 across the top seven cities which was 8% more than last year when approximately 4.02 lakh homes were completed. In NCR, approximately 1.14 lakh units were completed in 2023 against 86,300 units in 2022 - a 32% increase, Anarock Research data showed,. Pune saw approximately 65,000 units completed in 2023, …

Housing sales makes new peak in 2023
11 months, 3 weeks ago

Housing sales makes new peak in 2023

Deccan Chronicle  

Chennai: Housing sales in the top 7 cities have created a new peak in 2023, increasing 31 per cent over the previous year. Around 4,76,530 housing units were sold in 2023 in the top 7 cities, against 3,64,870 units in 2022 – 31 per cent increase. In terms of supply, around 4,45,770 new units were launched in 2023 against 3,57,640 …

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 Unsold Inventory Falls 26%, Thane Has 1.07 Lakhs Unsold Homes, Highest In 9 Cities: Report
1 year, 4 months ago

Delhi-NCR Unsold Inventory Falls 26%, Thane Has 1.07 Lakhs Unsold Homes, Highest In 9 Cities: Report

News 18  

Thane in Mumbai Metropolitan Region has the maximum 1.07 lakh unsold homes at the end of June quarter, while Chennai has the lowest at nearly 20,000 units, according to PropEquity. Across nine major cities, data analytic firm PropEquity said unsold housing stocks declined 2 per cent to 5,15,169 units at the end of June quarter from 5,26,914 units at the …

Delhi-NCR Sees Highest Sales Of Luxury Housing In January-June 2023; Mumbai, Hyderabad Follow
1 year, 4 months ago

Delhi-NCR Sees Highest Sales Of Luxury Housing In January-June 2023; Mumbai, Hyderabad Follow

News 18  

Luxury Real Estate: Maintaining a strong sales momentum, the luxury housing segment in India registered a 130 per cent y-o-y surge across top-7 cities during the January-June 2023 period. In terms of sales, Delhi-NCR topped with sales of 2,900-unit, marking a 205 per cent Y-o-Y increase, followed by Mumbai, which recorded sales of 1,900-units, an 18 per cent Y-o-Y growth …

Delhi-NCR sees highest annual rise of 16% in housing prices among top 8 cities in Jan.-March: Report
1 year, 6 months ago

Delhi-NCR sees highest annual rise of 16% in housing prices among top 8 cities in Jan.-March: Report

The Hindu  

Housing prices in Delhi-NCR rose to the maximum, by 16%, in the January-March period among top eight cities on better demand and higher construction cost, according to a report by CREDAI, Colliers and Liases Foras. As per the data, housing prices in Ahmedabad rose by 11% YoY during January-March this year to an average rate of ₹6,324 per square feet. …

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 …

Hyderabad sees about 800% growth in luxury residential segment in Q1 of 2023
1 year, 7 months ago

Hyderabad sees about 800% growth in luxury residential segment in Q1 of 2023

Deccan Chronicle  

HYDERABAD: The luxury residential segment witnessed continued momentum in sales and launch activity. According to a report ‘India Market Monitor Q1 2023’ released by real estate consulting firm CBRE South Asia, Delhi-NCR, Mumbai, Hyderabad, Pune and Kolkata saw the maximum traction for high-end units. Sales in Delhi-NCR surged by over 216%, Mumbai by 44%, Hyderabad by about 800%, Kolkata by …

Real estate among top 3 micro-markets in Delhi-NCR; witnesses ‘upswing’ in demand, value
1 year, 8 months ago

Real estate among top 3 micro-markets in Delhi-NCR; witnesses ‘upswing’ in demand, value

Hindustan Times  

The real estate market in the top three micro-markets - Delhi, Noida and Gurgaon - is witnessing an upswing in demand and value. - In Gurgaon, Golf Course Road and Dwarka Expressway saw the highest peak in rentals with 14 per cent and 12 per cent YoY growth, respectively, making them the hotspots. - In Noida, the highest growth in …

Real estate in Delhi-NCR to grow exponentially in 2023: Report
1 year, 9 months ago

Real estate in Delhi-NCR to grow exponentially in 2023: Report

Hindustan Times  

The real estate market in Delhi-NCR is expected to grow exponentially in 2023, with some interesting trends shaping the future of Delhi, Gurgaon, Noida and the periphery areas that are all gaining traction like never before. Real estate continues to be the best investment option in Delhi-NCR, with approximately 40 per cent preferring it over other investment options. One of …

Demystifying the challenges of low-income housing delivery: The case Of Delhi
1 year, 11 months ago

Demystifying the challenges of low-income housing delivery: The case Of Delhi

Hindustan Times  

Increased urbanisation poses serious challenges for adequate housing in the cities of Global South According to the latest UN estimate, India is expected to become the world’s most populous country by 2023, putting additional strain on existing resources and posing serious challenges to achieving the Sustainable Development Goals. The most critical manifestations of state policy and housing market failures are …

About 98,000 housing units remain unsold in Delhi-NCR market at 2022 end: Report
1 year, 11 months ago

About 98,000 housing units remain unsold in Delhi-NCR market at 2022 end: Report

Hindustan Times  

The Delhi-NCR market has 98,290 unsold housing units at the end of 2022 calendar year and it will take around five years for builders to sell these stocks at current sales velocity, according to PropTiger.com. In its latest report, housing brokerage firm PropTiger has mentioned that unsold inventory rose 17 per cent in 2022 to 8,49,510 units across eight major …

Gurugram emerges as top real estate destination in NCR
1 year, 11 months ago

Gurugram emerges as top real estate destination in NCR

Hindustan Times  

GURUGRAM: Gurugram has topped in both housing supply and absorption rate in 2022 among all cities in the National Capital Region, according to a report released by Anarock, a real estate consultancy. City-based developers said 2022 was the year of revival after the real estate industry witnessed a slump for two consecutive years due to the Covid-19 pandemic-induced lockdowns, with …

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 …

Housing sales in Gurgaon jump 200%, Greater Noida 50% in 9 months
2 years ago

Housing sales in Gurgaon jump 200%, Greater Noida 50% in 9 months

Live Mint  

Housing sales in Gurugram jumped more than three-fold on an annual basis to 24,482 units during January-September this year on higher demand for residential properties across all price categories -- affordable, mid-income and luxury, according to Anarock. When contacted, Anarock Vice Chairman Santhosh Kumar attributed the sharp rise in housing sales in Gurugram to various factors, including lower base effect …

House rentals show slight increase in third quarter; details here
2 years, 2 months ago

House rentals show slight increase in third quarter; details here

Firstpost  

Average rents across India have risen by 5.2 per cent on a sequential basis for the quarter that ended on 30 September 2022, while aggregate demand and cumulative availability of rental properties declined by 3.9 per cent and nearly 10 per cent, respectively, in 13 Indian cities. Bengaluru witnessed an increase of 7.3 per cent in rents, Mumbai saw a …

Housing prices up 5% in June quarter
2 years, 4 months ago

Housing prices up 5% in June quarter

Deccan Chronicle  

Chennai: Housing prices in the top eight cities, on average, moved up 5 per cent in the June quarter, while NCR saw a 10 per cent rise. MMR, the costliest real estate market, saw only a 1 per cent rise in housing prices at Rs 19,677 per square foot. Housing prices in the Delhi-NCR property market saw the highest annual …

Housing sales grow 4.5 times in April-June period in top 8 cities
2 years, 5 months ago

Housing sales grow 4.5 times in April-June period in top 8 cities

India TV News  

Highlights Sales jumped over 4.5 times year-on-year in April-June across eight cities Housing sales stood at 15,968 units in the April-June period last year Biggest booster to housing demand has been the increased importance of owning a property Housing sales jumped over 4.5 times year-on-year in April-June across eight cities to 74,330 units on lower base effect, while demand was …

Delhi-NCR builders need 73 months to sell unsold housing stock, B'luru need 31 months: Report
2 years, 8 months ago

Delhi-NCR builders need 73 months to sell unsold housing stock, B'luru need 31 months: Report

Hindustan Times  

It will take over six years for Delhi-NCR's builders to sell their 1.01 lakh unsold housing stocks while real estate developers in Bengaluru and Kolkata need only 31 months, according to property consultant PropTiger. Unsold inventories in Delhi-NCR market stood at 1,01,404 units, with maximum inventory overhang of 73 months. According to the PropTiger's latest data, builders across eight major …

Prices of residential plots appreciated by 7pc annually since 2015: Report
2 years, 11 months ago

Prices of residential plots appreciated by 7pc annually since 2015: Report

Hindustan Times  

Prices of residential plots across eight major cities have appreciated by an average of 7 per cent annually since 2015, while rates of apartments increased by 2 per cent, according to realty portal Housing.com. In the Gurugram market of Delhi-NCR, the prices for residential plots grew by 15 per cent during 2018-2021. "Prices of residential plots appreciated by 7 per …

Home truth: NCR's unsold inventory dips 26% since RERA, shows data
3 years, 4 months ago

Home truth: NCR's unsold inventory dips 26% since RERA, shows data

Business Standard  

Home truth: NCR's unsold inventory dips 26% since RERA, shows data While it continues to take the strain of 328,000 stalled units launched before 2015, unsold units since early-2016 have come down 26 per cent Premium With the exit of 15 local players since 2015, new launches, too, have dropped 73 per cent. Arnab Dutta New Delhi The vast residential …

Delhi NCR tops among 42 cities for online searches of housing properties in June: Housing.com
3 years, 5 months ago

Delhi NCR tops among 42 cities for online searches of housing properties in June: Housing.com

India TV News  

Realty portal Housing.com on Friday said online searches for residential properties on its platform increased in June after witnessing a decline in the preceding two months, owing to the second wave of COVID pandemic, indicating a possible revival in actual demand in the second half of this year. Delhi-NCR region witnessed maximum online property searches by potential homebuyers in June …

Demand for luxury housing improves in Delhi-NCR amid price fall, low interest rates
3 years, 9 months ago

Demand for luxury housing improves in Delhi-NCR amid price fall, low interest rates

Live Mint  

The demand for luxury housing properties in the national capital has improved in the last six months on low prices and home loan interest rates, but there is a need to reduce stamp duty to give a further boost, according to industry experts. Addressing a webinar on luxury housing market of Delhi-NCR, India Sotheby's International Realty CEO Amit Goyal said …

Housing sales in Chennai may increase at least 30% in 2021; prices may rise up to 5%: Report
3 years, 9 months ago

Housing sales in Chennai may increase at least 30% in 2021; prices may rise up to 5%: Report

Live Mint  

Housing sales in Chennai is likely to increase by at least 30 per cent this year, while prices may rise by up to 5 per cent on the revival of demand for residential properties because of lower interest rates and economic recovery, property brokerage firm PropTiger said on Wednesday. "Strong sales velocity is likely to happen in 2021, owing to …

Delhi’s Covid pain: Rent for retail space in Khan Market, CP drops 14%, says report
4 years, 2 months ago

Delhi’s Covid pain: Rent for retail space in Khan Market, CP drops 14%, says report

Live Mint  

New Delhi: The average monthly rentals in Delhi's upscale retail locations of Khan market, South Extension and Connaught Place declined by 14 per cent year-on-year during the July-September period due to COVID-19 pandemic, according to Cushman & Wakefield. In its 'Market Beat Delhi-NCR Retail Q3 2020' report, Cushman & Wakefield said the average rentals of Khan Market stood at ₹1,200 …

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 …

Lockdown Impact: Housing Sales Plunge 79% in April-June in Top 8 Cities
4 years, 4 months ago

Lockdown Impact: Housing Sales Plunge 79% in April-June in Top 8 Cities

News 18  

Housing sales plunged 79 per cent to 19,038 units across eight major cities in April-June, as demand was badly impacted due to the nationwide lockdown to control COVID-19 pandemic, real estate brokerage firm PropTiger said on Tuesday. Releasing its latest report 'Real Insight: Q2 2020' through video conference, News Corp-backed PropTiger said that sales of residential properties fell 52 per …

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