MMR housing market sees strong Q4 2024 with 11% jump in sales value
The total registered home sales value for the quarter stood at Rs 68,025 crore, reflecting an 11% rise compared to the September 2024 quarter.
Real Estate
58% first-time homebuyers prefer plots over other assets
According to a recent poll conducted by Magicbricks, 58% of respondents preferred investing in plots, followed by commercial spaces.
Delhi-NCR tops Rs 1 lakh cr in housing sales for 2024, surpasses Mumbai & Hyderabad
The total sales value of Delhi-NCR rose by 63% in 2024 to Rs 1.53 lakh crore while that of Mumbai stood at Rs 1.38 lakh crore.
Women’s homeownership sees 14% growth in 2024: Square Yards
Total residential transactions registered with IGR across key cities reached 5.77 lakh in 2024, reflecting a 4% increase from 5.56 lakh in 2023.
Delhi-Meerut Namo Bharat Corridor: NCRTC invites bids for property development
This initiative aims to monetize land parcels, generate non-fare box revenue, and create commercial, residential, and service hubs around Namo Bharat stations.
Dubai, Manila drive global luxury housing market growth in 2024
According to Knight Frank’s The Wealth Report 2025, global luxury house prices rose 3.6% through 2024, marginally up on the 3.3% seen in 2023.
Homebuyers now choose new launches over ready-to-move homes
Latest ANAROCK data shows that over 42% of approx. 4.60 lakh homes sold in 2024 was in newly-launched projects.
From Goa to Ayodhya: India’s hottest second home destinations ranked
Once believed to be a lifestyle upgrade for the rich & affluent, second homes are gaining widescale popularity, according to the Second Home Quadrant Report.
Real estate sentiment moderates but stays optimistic: Report
The future sentiment for the residential market remains optimistic though confidence in residential launches has moderated.
RERA Boost: 97 lakh housing units registered across top 10 states since 2017
The number of projects registered with RERA grew by 145% to 25,281 projects between CY2020 and 2022. It, however, fell by 21% between 2022 and 2024.
