Hyderabad sees highest demand for luxury houses in percentage terms
2 years, 7 months ago

Hyderabad sees highest demand for luxury houses in percentage terms

Deccan Chronicle  

Hyderabad: Continuing the post-Covid trend of living life like a king, people have shifted their preference from affordable housing to mid-end and high-end houses. This is very evident from analysing buyer behaviour in the top seven cities in the last fiscal year FY21-22 — nearly 80 per cent of the demand is for mid-end and high-end homes, with the affordable housing segment accounting for a mere 10 per cent of the demand," said Anarock Group in a statement. “Chennai and Pune showcased the highest demand in the mid-end segment and accounted for nearly 60 per cent and 59 per cent of the total demand in these cities. Bengaluru recorded almost 56 per cent of demand geared towards the high-end segment," said Rahul Phondge, Chief Business Officer, Anarock Group. "Of the city's overall housing sales, Hyderabad displayed the highest demand for luxury and ultra-luxury segment homes priced above INR 2.5 Cr.

Hyderabad Demand Cent Bhk Highest Demand Housing Segment  housing  segment  luxury  terms  sales  sees  midend  cent  homes  highend  hyderabad  houses  highest  percentage  demand  rs

History of this topic

Year-ender 2024: Top luxury housing deals in Bengaluru that had the IT city going the Mumbai way
21 hours, 11 minutes 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 …

Yearender 2024: Luxury homes redefine wealth as real estate becomes ultimate status symbol
1 week ago

Yearender 2024: Luxury homes redefine wealth as real estate becomes ultimate status symbol

India TV News  

The year 2024 marked a significant shift in India’s real estate market, with luxury homes emerging as the ultimate status symbol for the country’s wealthy. Record-breaking deals across cities This year witnessed record-breaking transactions in the luxury real estate market. Several factors are driving the affluent class towards luxury real estate: Wealth growth: The 2024 Hurun Rich List reported a …

Meet Rishi Parti, man who bought Rs 190 crore ultra-luxury penthouse in Gurugram
Trending News
2 weeks, 2 days ago

Meet Rishi Parti, man who bought Rs 190 crore ultra-luxury penthouse in Gurugram

India Today  

In a record-breaking transaction, a luxury penthouse in DLF Camellias on Gurgaon’s Golf Course Road has been sold for Rs 190 crore, setting a new benchmark for high-rise condominium deals in India. As per reports, the 16,290-square-foot penthouse fetched an impressive Rs 1.2 lakh per square foot on the super area and Rs 1.8 lakh per square foot on the …

Mumbai real estate: Check out these 5 deals priced at ₹100 crore and more in this luxury project in Worli
2 weeks, 4 days ago

Mumbai real estate: Check out these 5 deals priced at ₹100 crore and more in this luxury project in Worli

Hindustan Times  

The Mumbai real estate market's luxury segment has been on fire since the pandemic, with luxury apartments worth over ₹100 crore selling like hotcakes. Mumbai real estate market's luxury segment has been on fire since the pandemic, with luxury apartments worth over ₹ 100 crore selling like hotcakes In the last six months, at least five transactions with a price …

Housing prices in Tier II cities see up to 65 per cent surge: Report
Trending News
2 weeks, 6 days ago

Housing prices in Tier II cities see up to 65 per cent surge: Report

New Indian Express  

The weighted average price of new launch projects in the top 30 Tier II cities increased by up to 65 per cent between 2023 and October 2024, according to a report by NSE-listed data analytics firm PropEquity. In North India, Jaipur recorded the highest rise in the weighted average price of new launch projects at 65 per cent, increasing from …

Avg housing prices up 11pc in Jul-Sep in 8 cities, highest 32pc rise in Delhi-NCR: Report
3 weeks, 2 days ago

Avg housing prices up 11pc in Jul-Sep in 8 cities, highest 32pc rise in Delhi-NCR: Report

Live Mint  

New Delhi, Dec 2 India's eight major residential markets saw an average 11 per cent increase in prices annually during the September quarter on strong housing demand, with Delhi-NCR witnessing the highest appreciation at 32 per cent, according to a report. "Average housing prices across the top eight markets in India rose 11 per cent Y-o-Y at ₹11,000 per square …

India’s Affluent Buyers Fuel Luxury Housing Boom
3 weeks, 2 days ago

India’s Affluent Buyers Fuel Luxury Housing Boom

Live Mint  

Mumbai leads the Luxury Housing Surge with Rs. 114,529 crore sales in first half of FY 2024-25: Report Mumbai Leads Luxury Housing Surge Mumbai, December 02: The luxury housing market in India is witnessing a remarkable surge, driven by a growing preference for exclusivity, enhanced lifestyles, and premium living spaces. "The luxury housing market in India is evolving beyond just …

Home prices in India to rise 6.5% in 2025, driven by demand from wealthy: Survey
3 weeks, 2 days ago

Home prices in India to rise 6.5% in 2025, driven by demand from wealthy: Survey

Deccan Chronicle  

Average home prices in India are set to rise steadily over the coming years driven mainly by demand from wealthy individuals, while the rising cost of living will make owning a property unattainable for most people, a Reuters poll found.While India's middle class tightens its belt, cutting back on everything from tea to two-wheelers due to soaring consumer inflation, the …

Rate cuts may help optimize home affordability, Kolkata most affordable housing market
4 weeks, 1 day ago

Rate cuts may help optimize home affordability, Kolkata most affordable housing market

Hindustan Times  

Most real estate markets across the country, especially Mumbai and Pune are expected to approach optimal affordability levels by 2025 with a projected interest rate cut on the horizon, while Kolkata is set to maintain its status as the most affordable market, potentially hitting new peaks, according to JLL’s Home Purchase Affordability Index. Rate cuts may help optimize home affordability …

Mumbai and Delhi among top APAC cities to record highest price growth in the luxury housing segment
1 month ago

Mumbai and Delhi among top APAC cities to record highest price growth in the luxury housing segment

Hindustan Times  

Mumbai and Delhi-NCR are among the top cities in the Asia Pacific region to record the highest annual price growth in the luxury housing segment. Mumbai and Delhi are among the top cities in the Asia Pacific region to record the highest annual price growth in the luxury housing segment. The average price for the prime residential market in the …

Mumbai and Delhi rank among the fastest-growing luxury real estate markets in Asia-Pacific: Knight Frank
1 month ago

Mumbai and Delhi rank among the fastest-growing luxury real estate markets in Asia-Pacific: Knight Frank

Live Mint  

India’s real estate sector is experiencing a boom fueled by robust economic growth, infrastructure upgrades, and evolving lifestyle aspirations. In Q3 2024, the city recorded an 11.5 per cent year-on-year increase in luxury real estate prices, which now average $953 per square foot. Shishir Baijal, Chairman and Managing Director of Knight Frank India, emphasised, "India's residential real estate sector is …

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

Hyderabad tops list of fastest growing real estate markets in the country: Knight Frank India
1 month ago

Hyderabad tops list of fastest growing real estate markets in the country: Knight Frank India

Hindustan Times  

Hyderabad leads as India’s fastest-growing real estate markets in the country compared to Bengaluru, Mumbai-MMR, Delhi-NCR, Ahmedabad and Chennai. The city has seen the highest growth rate of 10% in residential launches over the past decade and a 11% increment in housing prices in 2023 indicating desirability for both investors and end users, according to Knight Frank India’s India Prime …

Mumbai real estate market: 5 luxury apartment deals that cost ₹100 crore and above
Trending News
1 month, 1 week ago

Mumbai real estate market: 5 luxury apartment deals that cost ₹100 crore and above

Hindustan Times  

Mumbai real estate market has witnessed some of the costliest luxury apartment deals across the country of which a few properties have been sold for ₹1.50 lakh per sq ft and above. 1 Apartments sold for ₹ 198 crore in Oberoi’s Three Sixty West project in Worli In a recent transaction, promoter of wires and cables manufacturer RR Kabel Ltd, …

Hyderabad records over 54,000 home sales worth more than ₹33,000 crore so far in 2024: Report
3 months ago

Hyderabad records over 54,000 home sales worth more than ₹33,000 crore so far in 2024: Report

Hindustan Times  

Hyderabad has registered a total of 54,483 homes sales valued at ₹33,641 crore between January-August 2024. While this reflects a 17% year-on-year growth in the value of homes during the month, the number of registrations recorded a 1% moderation, said an analysis by real estate consultancy Knight Frank India. The Hyderabad residential market encompasses four districts - Hyderabad, Medchal-Malkajgiri, Rangareddy, …

India's Luxury Real Estate Market 2024 Trends
3 months, 1 week ago

India's Luxury Real Estate Market 2024 Trends

The Hindu  

India’s Luxury real estate market is seeing steady demand because more and more people are finding it affordable due to economic prosperity. Desire for Larger Spaces Pushing Luxury Real Estate Market: Market trends indicate that there is a greater need for bigger living areas with top-notch facilities situated in a premium location than ever before. Luxury Real Estate Market: How …

25 ultra luxury housing deals worth ₹2443 crore transacted across top cities
3 months, 2 weeks ago

25 ultra luxury housing deals worth ₹2443 crore transacted across top cities

Hindustan Times  

A total of 25 ultra-luxury homes priced more than ₹40 crore were sold in Mumbai, Hyderabad, Gurugram and Bengaluru in the first eight months of 2024 for a collective sales value of approximately ₹2,443 core, Anarock data showed. A total of 25 ultra-luxury homes priced more than ₹ 40 crore were sold in Mumbai, Hyderabad, Gurugram and Bengaluru in the …

THESE cities are most affordable for housing investments: Check list here
3 months, 2 weeks ago

THESE cities are most affordable for housing investments: Check list here

India TV News  

Proptech firm Magicbricks, in its latest report - 'Housing Affordability in Major Indian Cities' - showed that Chennai, Ahmedabad and Kolkata are among the most affordable cities for investment in the housing segment. "Chennai, Ahmedabad, and Kolkata are among the most affordable cities for residential investments in 2024, while the Mumbai Metropolitan Region and Delhi emerged as the least affordable," …

India’s luxury housing sales rise; what is driving premium real estate demand?
3 months, 3 weeks ago

India’s luxury housing sales rise; what is driving premium real estate demand?

Live Mint  

Housing sales in India hit an 11-year high of 1.73 lakh units between January and June, according to a report by global real estate consultants Knight Frank. The luxury housing segment contributed around 41 per cent of the real estate sector's sales growth from January to June. Delhi-NCR sold around 3,300 luxury homes in the first half of 2024, a …

India's Housing Market Sees Demand For Homes With Rent Between Rs 20K-30K Soar: Study
3 months, 3 weeks ago

India's Housing Market Sees Demand For Homes With Rent Between Rs 20K-30K Soar: Study

ABP News  

Indians are increasingly demanding for rental units in the range of Rs 20,000 to Rs 30,000 per month, a latest study revealed. The rent range of Rs 10,000 to Rs 20,000 was the second highest in demand at 22 per cent in the domestic housing market. Meanwhile, Delhi saw individuals preferring units with a rent range of Rs 50,000 to …

Bengaluru real estate: Here's a look at the top luxury property deals reported in the IT capital this year
4 months ago

Bengaluru real estate: Here's a look at the top luxury property deals reported in the IT capital this year

Hindustan Times  

While Mumbai is synonymous with the uber luxury property segment in India, high-end residential units have seen growing demand in Bengaluru of late. Top luxury property deals reported in the Bengaluru this year Earlier this year, Ajit Isaac, chairman and managing director of Bengaluru-based company Quess Corp, had bought a 10,000 sq ft property worth ₹67.5 crore in Koramangala area, …

Hyderabad real estate market: Housing sales touch ₹58,000 crore in H1 2024
4 months, 2 weeks ago

Hyderabad real estate market: Housing sales touch ₹58,000 crore in H1 2024

Hindustan Times  

Hyderabad recorded a five-year high during the first half of 2024 with ₹58,481 crore in total home sales value, according to a joint report by CRE Matrix and Credai Hyderabad. The two brackets accounted for ₹4,727 crore and ₹4,861 crore respectively in home sales value during H1 2024. The under ₹1 crore segment saw the highest number of units sold …

Hyderabad Homebuyers Drive ₹58,841 Crore Market in H1 2024
4 months, 2 weeks ago

Hyderabad Homebuyers Drive ₹58,841 Crore Market in H1 2024

The Hindu  

During the first half of 2024, Hyderabad homebuyers bought 38,660 properties for Rs. Locality Wise Share by Hyderabad Homebuyers: In North West Hyderabad consisting of Serilingampally, Kukatpally, and Patancheru, 25,909 units worth ₹36,276 crores were bought by Hyderabad Homebuyers. Out of the total Hyderabad Homebuyers, South West Hyderabad region covering Mehdipatnam, Rajendra Nagar and Shamshabad sold 4,957 units accounting for …

Hyderabad real estate: High-end housing demand up; ₹1-2 crore units secure over 50% share
4 months, 3 weeks ago

Hyderabad real estate: High-end housing demand up; ₹1-2 crore units secure over 50% share

Hindustan Times  

Hyderabad’s high-end housing segment, comprising homes priced between ₹1-2 crore, has grown to account for almost half of the city’s residential sales and launches, a joint report by CBRE and CREDAI Telangana has said. High-end housing demand rises in Hyderabad; ₹ 1-2 crore units secure over 50% share According to the report, sales in the ₹1-2 crore segment, which held …

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 …

Hyderabad registers 7,014 housing units worth ₹4,288 crore in June 2024, up 26% YoY
5 months, 1 week ago

Hyderabad registers 7,014 housing units worth ₹4,288 crore in June 2024, up 26% YoY

Hindustan Times  

Hyderabad registered a total of 7,014 residential properties amounting to ₹4,288 crore in the month of June 2024, according to a report released by property consultancy Knight Frank India on July 15. Hyderabad registers 7,014 housing units worth ₹ 4,288 crore in June 2024 During the first half of the year, a cumulative 39,220 residential units worth ₹24,287 crore were …

Affordable housing launches drop 21% in April-June period across 7 major cities as builders focus on premium units
5 months, 1 week ago

Affordable housing launches drop 21% in April-June period across 7 major cities as builders focus on premium units

Hindustan Times  

Real estate developers' focus on the premium housing segment priced between ₹3-5 crore led to launches growing by around 170% year-on-year, luxury segment priced above ₹5 crore followed with 116% growth. Real estate developers' focus on the premium housing segment led to launches growing by around 170% year-on-year, luxury segment followed with 116% growth, a report by JLL said New …

Real estate sales in H12024: Mumbai luxury housing deals drive growth, most buyers in 35-55 age bracket
5 months, 1 week 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 …

Mumbai sells record ₹12,300 cr of luxury homes in Jan-June period as buyers upgrade to bigger apartments
5 months, 1 week ago

Mumbai sells record ₹12,300 cr of luxury homes in Jan-June period as buyers upgrade to bigger apartments

Live Mint  

Luxury homes in Mumbai, India's most expensive real estate market, clocked record sales of ₹12,300 crore in the first half of 2024 on the back of growing demand for high-end properties, with Worli cornering more than a third of the purchases. In comparison, about ₹11,400 crore of luxury homes - priced ₹10 crore and above - were sold in the …

Bengaluru's residential property prices jumped 57 per cent in the last 5 years: Report
5 months, 2 weeks ago

Bengaluru's residential property prices jumped 57 per cent in the last 5 years: Report

Hindustan Times  

Residential property prices in Bengaluru have jumped 57 per cent in the last 5 years, as per 'Bengaluru's Real Estate - Your Gateway to Opportunity' report released by ANAROCK. The housing sales in Bengaluru exceed new launches in the first half of 2024 with about 34,100 units sold - up 11 per cent over H1 2023. The average office rentals …

Luxury realty booms: Homes above Rs 1 cr now 41% of India's housing sales
5 months, 2 weeks 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
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, …

Avg housing prices increase by 10% in Jan-Mar across top 8 cities; Bengaluru and Delhi-NCR witness 19% and 16% growth
7 months, 1 week ago

Avg housing prices increase by 10% in Jan-Mar across top 8 cities; Bengaluru and Delhi-NCR witness 19% and 16% growth

Hindustan Times  

Average housing prices increased by 10% annually during Q1 2024 on the back of strong residential demand. While each of the top eight cities witnessed annual price appreciation, average housing prices in Bengaluru, Delhi NCR, Ahmedabad, and Pune registered double digit growth, a report has said. Bengaluru witnessed the maximum price increase of 19% Bengaluru witnessed the maximum price increase …

Share of luxury homes' sales now almost at par with affordable housing units
7 months, 2 weeks ago

Share of luxury homes' sales now almost at par with affordable housing units

Hindustan Times  

The share of luxury housing sales has jumped to 21% from a mere 7% five years ago but affordable housing has seen a sharp decline, dropping to 20% from 37% in the same period, data shared by Anarock has shown. The share of luxury housing sales has jumped to 21% from a mere 7% five years ago but affordable housing …

Luxury Home Sales Up 10 per Cent, Hyderabad Sees 2x Growth
7 months, 3 weeks ago

Luxury Home Sales Up 10 per Cent, Hyderabad Sees 2x Growth

Deccan Chronicle  

Chennai: Sales of luxury homes witnessed 10 per cent growth in the March quarter, while Hyderabad saw the highest growth of 110 per cent. The luxury segment housing units priced Rs 4 crore and above recorded a 10 per cent growth during Jan-Mar ’24. According to CBRE, new launches in the luxury segment saw 64 per cent growth during the …

Luxury homes priced over ₹4 crore record 10% Y-o-Y growth in Jan-March 2024 across top seven cities
7 months, 3 weeks ago

Luxury homes priced over ₹4 crore record 10% Y-o-Y growth in Jan-March 2024 across top seven cities

Hindustan Times  

Luxury housing units priced more than ₹4 crore and above recorded a 10% Y-o-Y sales growth during January to March 2024 across seven major cities. Luxury housing units priced more than ₹ 4 crore and above recorded a 10% Y-o-Y sales growth during January to March 2024 across seven major cities. As per the data for sales of housing units …

Luxury homes priced above ₹50 crore and above witness a 1.5X y-o-y increase; Mumbai dominates demand
8 months, 4 weeks ago

Luxury homes priced above ₹50 crore and above witness a 1.5X y-o-y increase; Mumbai dominates demand

Hindustan Times  

Luxury homes priced ₹50 crore and above have seen a surge in sales value from ₹2,859 crore in 2022 to ₹4,319 crore in 2023, an increase by almost 1.5X. Luxury homes priced ₹ 50 crore and above have seen a surge in sales value from ₹ 2,859 crore in 2022 to ₹ 4,319 crore in 2023, an increase by almost …

Luxury brands lease 0.6 mn sq ft of retail space in 2023; High Streets emerge as the top leasing choice
9 months, 1 week ago

Luxury brands lease 0.6 mn sq ft of retail space in 2023; High Streets emerge as the top leasing choice

Hindustan Times  

Retail stores across high streets remained the top choice for luxury brands in India’s top eight cities in 2023. Also, the highest concentration of the luxury retail sector is in the Delhi-NCR region, which currently boasts nearly 80% of international luxury brands, according to a joint report by CBRE South Asia Pvt. While high streets constituted a 45% share in …

Mumbai is now among the world's top 10 luxury real estate markets: Knight Frank Wealth Report 2024
9 months, 3 weeks ago

Mumbai is now among the world's top 10 luxury real estate markets: Knight Frank Wealth Report 2024

Hindustan Times  

Mumbai is now among the top 10 luxury residential markets in the world. The city is ranked at number 8 globally in terms of price growth in luxury housing According to Knight Frank’s The Wealth Report 2024, the value of the Prime International Residential Index has increased by 3.1% in 2023 showcasing solid overall gains. Mumbai’s rank has improved to …

Real estate trends: Why are rich Indians buying luxury properties before the close of the financial year?
9 months, 4 weeks ago

Real estate trends: Why are rich Indians buying luxury properties before the close of the financial year?

Hindustan Times  

There’s a surge in the number of luxury property deals getting registered across the country just before the financial year comes to an end. The ticket size of these properties range from ₹ 10 crore to more than ₹ 100 crore One of the reasons could be that several investors who have made gains in the financial markets may be …

Mumbai Sees Bumper Growth In Rs 5 Cr Plus Luxury Flats In 2023: Report
10 months ago

Mumbai Sees Bumper Growth In Rs 5 Cr Plus Luxury Flats In 2023: Report

News 18  

In 2023, nearly 3000 new luxury apartments were sold in Greater Mumbai with an overall value of Rs 38,000 crore. In another report by real estate consultant CBRE, it was found that HNIs are showing keen interest in buying luxury residential properties as sales of homes costing Rs 4 crore and above rose 75 per cent last year across seven …

5,411 residential properties worth ₹3279 crore registered in Hyderabad in Jan
10 months, 1 week 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 …

Mumbai's Luxury Property Market Soars To Unprecedented Heights
11 months, 1 week ago

Mumbai's Luxury Property Market Soars To Unprecedented Heights

News 18  

The Indian real estate sector has undergone a significant transformation in recent years, with a spotlight on the flourishing luxury housing segment. Among the major cities, Mumbai has emerged as one of India’s fastest-growing luxury real estate markets. In the first half of 2023, Mumbai’s luxury property market showcased a robust surge in sales, boasting an impressive growth rate of …

Residential sales in Hyderabad hit a new high of 32,880 units in 2023
11 months, 3 weeks ago

Residential sales in Hyderabad hit a new high of 32,880 units in 2023

Deccan Chronicle  

Hyderabad: Residential sales in Hyderabad rose 6 per cent on an annual basis to hit a historic high of 32,880 units in 2023. Hyderabad also recorded 88 lakh sqft office transactions in 2023 led by Global Capability Centres Residential launches in the city increased by 7 per cent to 46,985 units in 2023, which is also a new high. The …

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 …

Hyderabad sees highest 19% rise in housing price in Sep quarter: Report
1 year ago

Hyderabad sees highest 19% rise in housing price in Sep quarter: Report

Hindustan Times  

Housing prices rose annually by an average 10 per cent during the July-September quarter this year across top eight cities in India on better demand, according to a joint report by CREDAI, Colliers and Liases Foras. Housing prices in Ahmedabad rose 9 per cent to ₹6,613 per square feet, while rates appreciated 18 per cent in Bengaluru to ₹9,471 per …

Mumbai dominates ultra-luxury real estate with 53 homes sold above ₹40 Crore
1 year ago

Mumbai dominates ultra-luxury real estate with 53 homes sold above ₹40 Crore

Hindustan Times  

Mumbai: 58 ultra-luxury homes priced above ₹40 crore were sold across seven major cities till November 2023, accumulating a total sales value of ₹4,063 crore. Anuj Puri, Chairman of Anarock Group, noted, “Demand for both luxury and ultra-luxury properties has surged since the pandemic, with HNIs and ultra-HNIs buying such homes for investment, personal use, or both. The upsurge in …

58 Ultra-luxury Homes Priced Over Rs 40 Crore Sold In India This Year Across Top 7 Cities
1 year ago

58 Ultra-luxury Homes Priced Over Rs 40 Crore Sold In India This Year Across Top 7 Cities

ABP News  

Ultra-luxury homes, priced more than Rs 40 crore each, have seen an unprecedented bull-run in 2023, with both the number of sales and sales value of such assets hitting new heights. According to the latest ANAROCK Research data, year 2023 has seen a staggering 247 per cent yearly surge to date in terms of total sales value of ultra-luxury homes …

Mumbai, Delhi & Bengaluru among cities with highest annual rise in property rates
1 year, 1 month ago

Mumbai, Delhi & Bengaluru among cities with highest annual rise in property rates

Hindustan Times  

The year-on-year growth in average annual prices of prime residential or luxury homes in three Indian cities was among highest in the world, with each city ranking in top 20 out of 46 cities analysed by real estate consultant Knight Frank India in its ‘Prime Global Cities Index’ for Q3 2023. Higher rates mean we have moved into a world …

Mumbai, Bengaluru secure 19th, 22nd positions globally in housing price appreciation: Report
1 year, 2 months ago

Mumbai, Bengaluru secure 19th, 22nd positions globally in housing price appreciation: Report

Hindustan Times  

Indian cities Mumbai and Bengaluru jumped from 95th and 77th positions to 19th and 22nd positions, respectively, on a global index measuring housing price appreciation in the second quarter of this year, that is from April to June, according to a report from real estate consultancy firm Knight Frank. The growth in residential prices in 107 cities across the globe …

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