Housing supply up 44 pc in NCR this year to 53K units; luxury home share in launches 60 pc: Anarock
1 week, 3 days 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 the data, housing sales in Delhi-NCR declined 6 per cent to 61,900 units in 2024 from 65,625 units in the preceding year. Housing sales in these seven cities witnessed a marginal 4 per cent decline to 4,59,650 units this year from 4,76,530 units in 2023.

Delhi Housing Units Cent Ncr  seven  launches  delhincr  data  60  anarock  luxury  2024  sales  cities  supply  units  share  decline  cent  housing  pc  ncr

History of this topic

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

India’s real estate to remain gung ho on luxury, premium housing in 2025 as affordable takes a backseat
1 week, 2 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, …

Mint Primer | Why 2024 was a mixed bag for the housing sector
1 week, 5 days 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
1 week, 6 days 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 …

Delhi NCR beats Bengaluru, Mumbai in residential price growth; leads housing price index
2 weeks, 2 days ago

Delhi NCR beats Bengaluru, Mumbai in residential price growth; leads housing price index

Hindustan Times  

Driven by strong end-user demand and investor interest, the Delhi National Capital Region has shown significant appreciation in residential prices with a Housing Price Index of 178 between June to September, a joint study by Housing.com and the Indian School of Business on December 23 showed. Delhi National Capital Region has shown significant appreciation in residential prices with a Housing …

Housing sales in Dec qtr to fall 21 pc in top 9 cities; demand up 25 pc in NCR: PropEquity
2 weeks, 4 days 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
2 weeks, 4 days 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
1 month 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
1 month 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. …

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

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

Mumbai and Delhi among top APAC cities to record highest price growth in the luxury housing segment
1 month, 2 weeks 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 …

Top 6 Cities in India See Significant Surge in Home Sales in Q3 2024
2 months, 2 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
3 months, 1 week 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 …

Affordable Cities in India in 2024: The Least and the Most
3 months, 3 weeks ago

Affordable Cities in India in 2024: The Least and the Most

The Hindu  

Affordable Cities in India in 2024: Finding an affordable city in India can be a game-changer, especially in 2024 when the cost of living has been varying significantly. 2024: The Most Affordable Cities in India A recent analysis was done by a market source investigating the price-to-income ratio and the EMI-to-income ratio in various cities of the country. According to …

Average housing prices up 12% annually in April-June; NCR sees maximum appreciation of 30%: Report
4 months, 1 week 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 …

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 …

Delhi-NCR real estate market: Affordable housing sales share dips to 24% in H1 2024, luxury sales touch 45%
5 months, 1 week 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 …

Delhi-NCR is the fifth most expensive office space rental market across the Asia Pacific region: Report
5 months, 1 week ago

Delhi-NCR is the fifth most expensive office space rental market across the Asia Pacific region: Report

Hindustan Times  

Delhi-NCR is the fifth most expensive office space rental market across the Asia Pacific region, according to a report released by property consultancy Knight Frank India on July 29. Delhi-NCR is the fifth most expensive office space rental market across the Asia Pacific region, report says The prime office market in Delhi-NCR has sustained rental values consistently over the past …

Luxury Housing Sales Up 40 PC in June Qtr
5 months, 2 weeks 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, 3 weeks 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 …

Hyderabad registers 7,014 housing units worth ₹4,288 crore in June 2024, up 26% YoY
5 months, 3 weeks 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, 3 weeks 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 …

Affordable housing supply drops 21% as premium apartments surge in major cities: JLL India report
5 months, 3 weeks 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, 4 weeks 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
6 months 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 …

Housing sales in top 30 Tier 2 cities increase by 11% in FY2024 on the back of high demand: PropEquity
6 months ago

Housing sales in top 30 Tier 2 cities increase by 11% in FY2024 on the back of high demand: PropEquity

Hindustan Times  

Housing sales across top 30 Tier II cities increased 11% annually to nearly 2.08 lakh units during the last fiscal year on the back of high consumer demand driven by robust economic growth, infrastructure development and growing desire for home ownership, according to data analytics firm PropEquity. Housing sales across top 30 Tier II cities increased 11% annually to nearly …

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, …

Delhi-NCR’s unsold housing inventory reduces by 57%, Bengaluru’s unsold stock shrinks by 11% in 5 years
7 months, 2 weeks 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 …

Avg housing prices increase by 10% in Jan-Mar across top 8 cities; Bengaluru and Delhi-NCR witness 19% and 16% growth
7 months, 3 weeks 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, 4 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 homes priced over ₹4 crore record 10% Y-o-Y growth in Jan-March 2024 across top seven cities
8 months, 1 week 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 …

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 …

Housing sales in top seven cities record 14% increase in Q1 2024; prices rise by 10-32%
9 months, 1 week 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 …

Luxury homes priced above ₹50 crore and above witness a 1.5X y-o-y increase; Mumbai dominates demand
9 months, 1 week 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 …

Housing prices increase by around 20% in MMR, Bengaluru, Delhi-NCR and other cities in the last two years
10 months, 1 week ago

Housing prices increase by around 20% in MMR, Bengaluru, Delhi-NCR and other cities in the last two years

Hindustan Times  

Amidst a positive economic outlook, housing demand has scaled up and property prices across the top eight cities in India have surged by around 20% in the last two years, a report by Credai, Colliers and Liases Foras has said. Bengaluru, Delhi NCR, and Kolkata have witnessed the highest rise in average housing prices at about 30% in 2023 compared …

Mumbai Sees Bumper Growth In Rs 5 Cr Plus Luxury Flats In 2023: Report
10 months, 2 weeks 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 …

Over 4.35 lakh homes completed in 2023 across top seven cities, 59% in MMR and NCR
10 months, 3 weeks 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 in 7 Cities Rise 31% to 4.76 Lakh Units
1 year ago

Housing Sales in 7 Cities Rise 31% to 4.76 Lakh Units

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 lakh housing units were sold in 2023 in the top 7 cities, against 3.64 lakh units in 2022, a 31 per cent increase. In terms of supply, around 4.45 lakh new units were launched in …

Housing sales makes new peak in 2023
1 year 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 …

Hyderabad sees highest 19% rise in housing price in Sep quarter: Report
1 year, 1 month 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 …

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

The housing crisis for the poor in India’s capital
1 year, 4 months ago

The housing crisis for the poor in India’s capital

Al Jazeera  

As India becomes the world’s most populated country with 1.4 billion people, housing, particularly for low-income urban households, remains a longstanding challenge. Another study by the Indian Council for Research on International Economic Relations in 2020 found that India’s urban housing shortage rose 54 percent to 29 million in 2018 from 18.78 million in 2012. According to the Delhi government’s …

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 Housing Prices Surge By 14% In Q2 On Robust Housing Demand: Report
1 year, 4 months ago

Delhi-NCR Housing Prices Surge By 14% In Q2 On Robust Housing Demand: Report

ABP News  

Housing prices across the top eight cities in India increased 7 per cent year-on-year "amid robust housing demand backed by continued positive homebuyer sentiment and stable interest rates," said a report by CREDAI and Colliers Liases Foras. The recent surge in housing prices is owing to the rising demand boosted by positive government incentives such as extension of 2 per …

India’s housing market enjoys rapid growth, but can it last?
1 year, 4 months ago

India’s housing market enjoys rapid growth, but can it last?

Live Mint  

The Indian real estate market is showing robust performance in the second quarter of 2023, with sales maintaining its momentum as new supply continues to pour in. The ISB – Housing.com Housing Price Index shows an increase of 7.21% in property prices during Q2 2023, a jump from both Q1 2023’s 6.78% and Q2 2022’s 2.83%. Housing Price Index - …

EMIs Of Homebuyers Rise Over 20 Per Cent In Two Years In Affordable Housing Segment
1 year, 5 months ago

EMIs Of Homebuyers Rise Over 20 Per Cent In Two Years In Affordable Housing Segment

ABP News  

Affordable housing in India suffered the most due to the Covid-19 pandemic, and unlike the other segments, has not recovered in the past two years. According to their report, the share of affordable housing in overall sales in H1 2023 shrunk to 20 per cent, an 11 per cent decrease against the corresponding period in 2022. The mounting desolation is …

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