Browsing Tag

housing market trends

11 posts
Home prices in key Indian cities surged between 2021 and 2024, outpacing rental growth

Home Prices Surge Faster Than Rents in Key Indian Cities

New data from ANAROCK reveals that capital values in major Indian cities have risen faster than rental growth between 2021 and 2024. Noida’s Sector-150 led the surge with a 128% increase, while Hyderabad, Bengaluru, and Mumbai Metropolitan Region (MMR) also saw substantial appreciation. Meanwhile, cities like Pune, Kolkata, and Chennai experienced higher rental growth than home price increases, signaling key trends for investors and homebuyers.
"Chembur’s rapidly evolving skyline, driven by infrastructure growth and luxury real estate developments, cements its status as Mumbai’s next prime investment destination."

Infrastructure Boom: How Connectivity is Driving Property Prices in Chembur

Chembur’s real estate market is on an upward trajectory, fueled by infrastructure development and improved connectivity. With property prices soaring from ₹20,000 to ₹35,000 per sq. ft. in recent years, the suburb is now a prime investment destination. Upcoming metro lines, expressways, and luxury housing projects are further enhancing its appeal, making Chembur a hotspot for homebuyers and investors.
Mumbai

Mumbai Real Estate Market Surges in 2024: Highest Property Registrations in 13 Years

Mumbai’s real estate market hit a historic high in 2024 with over 1.41 lakh property registrations, marking the highest figure in 13 years. This surge, coupled with a 12% increase in revenue from stamp duty collections, highlights strong demand, especially in the premium housing sector. Despite global economic challenges, Mumbai’s property market remains resilient, with key suburbs driving the growth. Industry leaders attribute this to favorable economic conditions and evolving buyer preferences.
Revolutionizing Mumbai’s Real Estate: The Impact of Infrastructure Development on the MMR Landscape

Panvel’s Housing Price Surge Outshines Prime Worli in MMR: Peripheral Areas Outpace City Centers in Growth

Mumbai’s peripheral Panvel recorded a 58% surge in housing prices, outshining Worli’s 37% growth over six years. ANAROCK Research reveals similar trends across India, where improved connectivity and infrastructure have boosted peripheral areas, making them strong competitors to traditional prime locations. Explore the rising demand for affordable, spacious housing.
Affordable housing

Housing Prices Continue to Rise Across India’s Top Cities, Up 11% YoY in Q3 2024: CREDAI-Colliers-Liases Foras Report

Housing prices across India’s top eight cities saw an 11% year-on-year rise in Q3 2024, marking the 15th consecutive quarter of growth. Delhi NCR recorded the highest price increase at 32%, followed by Bengaluru with a 24% rise. Unsold inventory continued to decline, signaling a steady demand despite market stabilization.