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real estate trends India

18 posts
ANAROCK’s AI data shows ₹50L–₹1Cr homes dominating buyer demand between 2022 and 2024, older age groups leading purchases, and brokers gaining importance as digital leads decline.

Greater Noida Leads NCR with 98% Property Price Jump in 5 Years

Greater Noida has recorded the highest property price growth in NCR, with rates nearly doubling in five years. ANAROCK’s latest report highlights a 98% price surge in Greater Noida and a 51% drop in unsold inventory across NCR, marking a major turnaround in the region’s real estate market. Luxury and ultra-luxury housing now lead new supply trends, replacing affordable housing as the preferred segment.
Mumbai home sales September 2024 decline

Mumbai Property Market Sees Growth in December 2024, With Higher Registrations and Revenue

Mumbai’s real estate market experienced steady growth in December 2024, with 12,335 property registrations and ₹1,127 crore in revenue, reflecting a 0.4% increase in registrations and a 20.8% rise in revenue from 2023. The number of registrations also rose by 31.8% compared to December 2022, indicating strong recovery and growth post-pandemic. Despite a drop from the high numbers seen in December 2020, the market continues to show resilience with increasing property demand and rising prices.
Godrej Properties

Godrej Properties Acquires 3 Plots in Kharghar, But Many of 47 Auctioned by CIDCO Remain Untaken

Godrej Properties secures 3 prime plots in Kharghar through CIDCO’s auction, with a potential revenue of INR 3,500 crore. However, out of 40 plots auctioned, several remained unsold, indicating a possible slowdown in Navi Mumbai’s property market.