Anarock Archives - Page 4 of 22

Listed developers see their debt going down

Realty

Top 8 Listed Developers Slash Debt by 54% in Q1 FY25

The top eight listed developers in India have reduced their net debt by 54% in Q1 FY25, supported by a significant increase in booking values. The surge in residential sales across key cities marks a strong recovery in the sector.

SquareFeatIndia
October 10, 2024
3 minute read

Realty

Housing Sales Dip 11% Year-on-Year in Top 7 Cities; New Launches Fall Below 1 Lakh Units

In Q3 2024, India’s residential real estate market saw an 11% decline in housing sales across the top seven cities, totaling approximately 107,060 units. While new supply fell below 1 lakh for the first time since Q1 2023, strong demand continues to drive residential prices up by 23% year-on-year, indicating a stabilizing market following a two-year bull run.

SquareFeatIndia
September 26, 2024
2 minute read

Realty

Ultra-Luxury Homes Sales Surge to INR 2,443 Cr in Eight Months

The ultra-luxury real estate market in India saw INR 2,443 crore in sales through August 2024. Mumbai leads with 21 transactions valued at INR 2,200 crore. Prices for ultra-luxury homes have risen, with significant jumps in properties over INR 100 crore. Anuj Puri of ANAROCK anticipates more high-value deals as the year progresses.