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.
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.
Among the top seven cities, the maximum fresh supply was seen in Hyderabad followed by Bengaluru.
Oshiwara, a bustling neighbourhood in western Mumbai, is known for its vibrant lifestyle and strategic location near the Lokhandwala Complex.
Housing sales in India’s 8 prime residential markets dipped 26% in the October-December period of 2024.
India's luxury housing boom in 2024 has been driven by several key factors, including a robust economic growth and a growing appetite for amenity-rich properties.
At present, there are 2977 branded residence units registered in India. This is around ~ 10% of the global market supply.