Browsing Tag

Indian housing market

3 posts
Mumbai home sales September 2024 decline

Average Flat Sizes Rise 7% in Top 7 Cities in 2024; NCR Leads with a 29% Annual Increase

The quest for larger homes continues in India’s real estate market. Average flat sizes in the top 7 cities rose by 7% in 2024, with NCR leading the way at a 29% annual growth. Over six years, the average size across these cities increased by 34%, driven by strong demand for luxury housing. NCR’s average flat size soared to 2,435 sq. ft. in 2024, while MMR remains the most space-constrained at 849 sq. ft. Despite higher property prices, spacious homes are a top priority for Indian homebuyers.
Unsold stock of homes

Lead-to-Buy Conversion Time for Indian Housing Drops to 26 Days in H1 FY25, Reflecting Strong Demand

The latest ANAROCK data reveals a significant drop in the lead-to-buy conversion time for Indian homes, now standing at just 26 days in H1 FY25, down from 33 days in FY21. Ultra-luxury homes, priced above INR 3 Cr, are seeing the quickest decisions, while mid-range homes continue to see slightly longer conversion times due to rising property prices. The trend reflects both strong demand and growing buyer confidence in reputable developers.
festive offers during Navratri by developers

Equities, Gold Recover, Housing Gets Lucrative Again

Investments are aimed at maximum returns and do yield those when chosen…