Projected sales of 485 million sq ft residential space highlight robust market growth, significant economic impact and consumer confidence in urban real estate. https://www.hindustantimes.com/real-estate/yearender-2024-housing-sales-across-delhi-ncr-mumbai-bengaluru-hyderabad-expected-to-touch-3-05-lakh-units-101733380242150.html
In 2024, the real estate market in India saw a shift towards luxury properties, with demand skyrocketing for homes priced between ₹10 crore and ₹80 crore. https://www.hindustantimes.com/real-estate/yearend-2024-real-estate-emerged-as-a-new-status-symbol-luxury-homes-the-top-investment-choice-of-the-rich-101733244539010.html
As many as 84% of the total 10,200 properties registered in Mumbai in November 2024 were from the western and central suburbs of Mumbai https://www.hindustantimes.com/real-estate/mumbai-real-estate-market-western-and-central-suburbs-emerge-as-key-hotspots-for-real-estate-investment-101733211991775.html?utm_source=linkedin
Bengaluru tops in terms of socioeconomic performance; Delhi NCR leads in physical infra https://www.business-standard.com/industry/news/hyderabad-shines-as-fastest-growing-city-driven-by-real-estate-growth-124111900944_1.html
One of the primary reasons behind the growing interest from NRIs is the consistent rise in property prices in Indian cities, notes NoBorker co-founder Saurabh Garg. https://www.cnbctv18.com/real-estate/nri-investment-real-estate-sector-growing-prices-rental-income-india-sector-perspective-sourabh-garg-19510859.htm
NCR has seen an increase of 137% in housing prices on the back of renewed investor confidence, large-scale infrastructure development and rising cost of land https://www.hindustantimes.com/real-estate/noida-greater-noida-gurugram-and-ghaziabad-see-housing-prices-double-in-the-last-five-years-report-101731669127996.html
Mumbai holds the tag of being the costliest real estate market of the country where some apartments have been sold for ₹1.50 lakh per sq ft https://www.hindustantimes.com/real-estate/mumbai-real-estate-market-5-luxury-apartment-deals-that-cost-rs-100-crore-and-above-101731317216085.html
Ultra-luxury home buyers are financially equipped to make quicker decisions. Buyers of affordable homes take longer to book homes https://www.hindustantimes.com/real-estate/buyers-of-homes-worth-rs-3-crore-and-above-take-the-least-time-to-buy-property-report-101731320201851.html
A report by Knight Frank India also said that while 79% Baby Boomers, 80% of Gen X, and 82% of millennials favour homeownership, Gen Z prefer to rent https://www.hindustantimes.com/real-estate/home-loans-emerge-as-top-financing-choice-for-potential-home-buyers-report-101730976713380.html?utm_source=linkedin
According to PropEquity data, the weighted average price of new launch projects in Noida have surged by around 152 percent to Rs 14,946 per square feet (psf) in 2024 (till September 2024) from Rs 5,910 psf in 2019 in pre-Covid times. https://www.moneycontrol.com/news/business/real-estate/noida-real-estate-market-property-prices-more-than-double-in-last-five-years-12859262.html
