Average home price surged 23% to ₹1.23 cr in H1 FY25; here's why
Luxury homes drive ₹2.8 lakh cr sales in top 7 cities in H1 FY25; despite a 3% dip in unit sales, luxury housing boosted sales value by 18%, with NCR leading in ticket sizes
Luxury homes drive ₹2.8 lakh cr sales in top 7 cities in H1 FY25; despite a 3% dip in unit sales, luxury housing boosted sales value by 18%, with NCR leading in ticket sizes
Total sales of luxury units during the first nine months of this year stood at around 12,625 units compared to 9,160 units during the same period last year.
NCR only residential market to see 7% dip in sales; ₹1 crore and above segment continues to fire on all cylinders, says a Knight Frank India report
Q3 housing sales tapered down amid high prices and monsoon. The ‘shraad’ period also suppressed some demand; Bengaluru and Hyderabad drove over half of Q3 space uptake
Delhi-NCR, Mumbai, and Hyderabad are the top three markets in terms of sales among the top seven cities, accounting for about 90% of all luxury home sales.
Amongst the top 7 cities, Mumbai Metropolitan Region (MMR) recorded the highest sales of 38,500 units in September this year, up 46% YoY against 26,400 units in the same period last year.
Amongst the top 7 cities, Mumbai Metropolitan Region (MMR) and Pune accounted for more than 51% of the total sales of 58,770 units.
Delhi-NCR and MMR see housing sales surge by 46% and 49% YoY; Anarock attributes the surge to "unwavering appetite for homeownership"
Cash deals decline 75-80%; average home loan ticket size rises as interest rates dip.