The Delhi NCR housing market has seen a 57% drop in unsold homes over five years, marking significant growth and stability, driven by infrastructure, demand, and regulatory reforms.
Foreign investments in Indian real estate surged 20% to $3.6 billion in 2023, driven by strong economic growth and rapid urbanization. APAC countries, including Singapore and South Korea, significantly increased their investments, showing confidence in India's diverse real estate opportunities.
Godrej Properties reported record sales bookings of Rs 22,500 crore in FY24, an 84% YoY increase, driven by strong housing demand and successful project launches.
Indian real estate developers aim for 3,000 acres in land deals in FY24, a 59% increase from last year, driven by increased land availability and high demand.
India ranks 14th in Knight Frank's global house price index, with a 5.9% annual price rise due to strong economic fundamentals despite rising loan rates and inflation.