Dwarka Expressway: Powering the next phase of realty growth in Delhi-NCR
This eight-lane expressway has become the NCR’s most explosive growth story, with property prices surging 58% year-on-year in Q4 2024.
This eight-lane expressway has become the NCR’s most explosive growth story, with property prices surging 58% year-on-year in Q4 2024.
Property prices in Delhi-NCR’s affordable housing segment have risen by 267% and land rates by 492% over the past two decades, underlining the region’s strong capital appreciation and market potential.
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.
Property prices increased across cities during the October-December period of 2024, albeit in varying degrees.
Housing sales in India’s 8 prime residential markets dipped 26% in the October-December period of 2024.
At present, there are 2977 branded residence units registered in India. This is around ~ 10% of the global market supply.
Average housing prices in top India cities experienced an 11% YoY increase, reaching Rs 11,000 per square foot in the third quarter of 2024.