Delhi-NCR's real estate market saw a 25% surge in sales and 59% rise in new supply in 2024, fueled by infrastructure developments and metro expansion initiatives.
Bengaluru's housing sales fell by 2% in Q1 2024, primarily due to a significant drop in affordable housing, while office space demand remained stable.
Residential sales in Bengaluru fell 2% YoY in Q1 2024, while sales of units priced above Rs 1 crore saw a 40% increase across top 8 cities.
Bengaluru's housing sales surged by 29% in 2023, reaching 63,980 units, driven by its tech hub status, infrastructure growth, IT sector resurgence and government policies.
Delhi-NCR housing sales rise 20% in H1, driven by affordable launches, with 37,000 units sold, despite overall market slowdown
CREDAI anticipates a 20% rise in housing sales in major Indian cities, spurred by lower interest rates. They also address environmental clearance delays.