Browsing Tag

Property prices

15 posts
Mumbai property market growth Navratri 2024

Property Prices Surge Across India’s Prime Residential Markets in 2024 Amid Rising Costs

Property prices in India’s prime residential markets saw a significant rise in 2024, with Delhi NCR experiencing a 49% YoY surge. The increase is driven by demand for luxury homes, escalating costs of building materials, and labor. Other cities like Mumbai, Bengaluru, and Pune also reported double-digit price growth. Despite a slowdown in Hyderabad, the overall trend highlights a growing demand for high-end properties, especially in key markets like Delhi NCR. However, the surge raises concerns about affordability, prompting calls for policy adjustments to ensure broader access to housing.
Mumbai

Mumbai’s Real Estate Market Shows Signs of Stagnation as Property Registrations Plateau

Mumbai’s real estate sector appears stagnant as property registration data for January 2025 reveals minimal growth compared to the same period last year. With just six more registrations than in January 2024 and stable stamp duty collections, the market shows no signs of significant movement or price appreciation.
Luxury housing Delhi-NCR

Housing Sales Fall 4% in 2024, But Value Jumps 16% in Top 7 Cities

India’s housing market experienced a mixed performance in 2024, with overall sales volume declining by 4%, but the sales value rising by 16%. MMR and Bengaluru led in sales, while luxury housing demand soared. Despite a drop in new launches, the market saw significant price increases, particularly in Delhi-NCR, where prices rose by 30%. The outlook for 2025 remains optimistic with steady growth expected, driven by continued demand and new supply from developers.
Bengaluru

GCC Policy Impact on Residential Real Estate in Bengaluru

Bengaluru’s residential real estate is experiencing significant growth due to the expansion of Global Capability Centres (GCCs) driven by favorable state policies. As GCCs fuel commercial growth and create high-paying jobs, demand for upscale housing, smart homes, and co-living spaces is on the rise. With infrastructure projects like KWIN city, Bengaluru’s appeal as a prime real estate market continues to grow, making it a key hub for both global businesses and homeowners.
residential real estate

Residential Market Sees Growth in Sales and Value, Led by Luxury Segment in Q3 2024

The Indian residential real estate market saw a 2% increase in sales in Q3 2024, with a 7% rise in sales value. Luxury properties led the growth, while new supply declined, particularly in affordable and mid-range segments. The market’s resilience is reflected in the strong performance of both metro cities and Tier 2 regions.