Noida Authority's new redevelopment policy offers homeowners larger apartments without extra charges, targeting sectors like 19 and 22 for urban renewal.
Amid India's 20% YoY housing sales drop, Chennai stood out with 11% annual growth and 40% QoQ surge. New launches jumped 65% YoY, driven by GCCs and premium demand. Developers are strategically boosting supply to meet rising demand in this outlier market.
Hyderabad's 2024 CREDAI report reveals a 17% rise in average ticket prices and 14% improve inventory absorption, with North West dominating sales and South West leading price growth, solidifying the city as India's premium housing hotspot with strong office market expansion.
Dehradun's residential market witnesses 43% YoY demand surge, fueled by holiday home investments. Supply rises 12.8%, reflecting shifting buyer preferences and inventory tightening in scenic hill stations.
A ₹23,000 crore semiconductor chip plant is coming to Mysore, promising to create thousands of jobs and boost demand for residential and commercial properties.
Despite an 8% year-on-year increase to 16,729 units in H2 2024, Chennai's housing market maintains healthy sales velocity, indicated by a 4.3-quarters QTS metric. Developers refocus on affordable mid-range projects amid stable demand but slower absorption rates compared to competitive metro markets.
Nashik’s apartment sales jump 22% to 8,583 units in 2024, defying a 30% supply drop. Reduced unsold inventory reflects strong buyer demand in this growing market.
Madurai has seen a significant increase in apartment sales over the past two years, driven by improved connectivity and urban expansion. Large complexes are in high demand, with both core and suburban areas experiencing growth.
Pondicherry's real estate market surged 35% in 2024, driven by demand for heritage properties and coastline appeal. Average prices skyrocketed from ₹7,279 to ₹9,899 per sq ft, reflecting limited supply and investor influx.
Nagpur's real estate market witnesses rising interest in mid and luxury homes as economic opportunities and strategic infrastructure drive buyer confidence.
Mohali's IT City Project attracts major tech firms like Infosys and Tech Mahindra, driving demand for residential and commercial real estate to support industry expansion.
Faridabad's residential sales reached 6,205 units in H1 2024, fueled by infrastructure development and affordability within the NCR region.
Thane’s residential market booms as property registrations rise 17% YoY in January 2025, driven by buyer demand and government policies supporting homeownership.
Nainital's property prices surge by 13% YoY, with average rates reaching ₹6,633/sqft. The market shows a 6X range from ₹2,272 to ₹12,000/sqft, reflecting demand diversity and upward trends in residential and commercial segments.
Mumbai's property registrations rose by 11% in June 2024, with a significant increase in stamp duty collections, showcasing the market's resilience and growing buyer confidence.
India's real estate sector attracts $1.1 billion in Q1 2024, with residential sector leading investments at $693 million, driven by strong demand and supply.
Indian home prices are projected to increase by 4-6% this year, driven by rising incomes. CRISIL Ratings anticipates interest rate cuts to spur housing demand and sales.
Developers in Maharashtra anticipate increased home sales during Gudi Padwa, providing incentives like discounts and flexible payments. Experts note rising property prices and strong buyer sentiment.
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.
The Indian real estate market is projected to reach $1.3 trillion by FY 2034, significantly impacting the economy, driven by residential demand and commercial development.
Real estate developers are aggressively acquiring land in India, particularly in major cities, driven by high housing demand. This trend is expected to continue in 2024, with Tier-1 and developing areas remaining hotspots.
Hyderabad's demand for 3BHK homes is driven by changing lifestyles and financial factors, prompting developers like IRA Realty to meet this trend with new projects.
Due to the Covid-19 pandemic, approximately 25 commercial projects in Ahmedabad have been converted into residential housing schemes, driven by housing demand.
CREDAI-MCHI urges Maharashtra government to reduce stamp duty to 2% in Mumbai to revitalize housing demand amidst the COVID-19 pandemic, citing reduced sales and state revenue.
Rajasthan's CM announces reduced stamp duty on residential properties, lowering costs for buyers and aiming to boost the affordable housing market in the state.