Housing Demand

Mumbai property registrations mark best November since 2013: Knight Frank

In the first eleven months of 2025, Mumbai recorded over 1.35 lakh registrations, contributing more than Rs 12,224 crore to the state

Hill station homes see 8% demand rise on better connectivity, lifestyle

Buyer and investor interest in India's hill property markets has grown 8.2% YoY in Q3 2025, led by improved connectivity, lifestyle upgrades, and flexible work options, according to Magicbricks

Case against real estate developer for ₹100 cr housing fraud in Mumbai

Police have registered a case against a real estate developer and others for allegedly defrauding homebuyers of Rs 100 crore by promising flats in Mumbai's Wadala area and diverting the funds for personal use, officials said on Thursday. The police's Economic Offences Wing (EOW) registered the case on Wednesday after the preliminary enquiry based on a complaint filed by 62-year-old Chartered Accountant Anil Dron, a resident of Kandivali in Mumbai, an official said. The accused -- real estate developer Subbaraman Anand Vilaynur, his wife Uma Subbaraman, B P Gangar Constructions and others -- collected Rs 100 crore from 102 persons in the name of 'Sky 31' housing project in Wadala (West) since 2018, promising each a flat, he said, quoting the complaint. After collecting money from the victims, the accused allegedly conspired to divert the funds to their personal and other bank accounts instead of using them for the housing project, the official said. The accused also sold one flat t

Developers eye festival season demand, GST cuts to revive housing sales

Real estate developers expect GST cuts on inputs and festive buying sentiment to spur housing demand across luxury, mid-segment and Tier-2 cities after a lull in sales

GST cut to lift housing demand, boost festive season sales: Credai

Indian government's decision to cut GST rates on various products will increase purchasing power of consumers and boost demand for residential properties in the upcoming festive season, according to realtors' body CREDAI. The association, which has a 13,000 members from across India, said the construction cost is expected to come down because of reduction in GST rates on cement and few other building materials. The association, which is organising its annual event CREDAI-NATCON here, asserted that the benefit of GST rationalisation would be passed on to customers, provided cement companies and other manufacturers of building materials bring down their rates. New GST rates are applicable from September 22. Addressing a press conference on late Thursday, CREDAI Chairman Boman Irani said, "GST rationalisation has generated feel good factor among people. There is a positive sentiment among consumers, which is a good sign ahead of festival season". CREDAI President Shekhar Patel said th

₹2.4 trn worth of housing plots launched in last 3.5 years: PropEquity

Housing plots worth Rs 2.44 lakh crore have been launched in past three and half years because of higher demand post-Covid pandemic, according to PropEquity. Real estate data analytic firm PropEquity data showed that nearly 4.7 lakh residential plots have been launched by developers between January 2022 and May 2025 across 10 tier-I and tier-II cities. These cities are Hyderabad, Indore, Bengaluru, Chennai, Nagpur, Jaipur, Coimbatore, Mysore, Raipur and Surat. "The estimated launch value of the residential plots in 10 tier I-II cities between 2022 and 2025 (May) is approximately Rs 2.44 lakh crore," PropEquity Founder and CEO Samir Jasuja said in a statement on Tuesday. The demand for residential plots has risen in the past few years as this asset class is more liquid with potential of higher appreciation than apartments, he added. Jasuja said many prospective customers prefer plots as they desire to customise their living space. As per the data, the supply of residential plots i

Housing sales in MMR, Pune dip 30% to 42,000 units in June: PropTiger

Housing sales in Mumbai Metropolitan Region (MMR) and Pune together fell 30 per cent to 41,901 units during April-June period of this year as surge in prices dampened consumer demand, according to PropTiger. The combined housing sales in MMR and Pune, the two important property markets in Maharashtra, stood at 60,191 units in the year-ago period. On Monday, housing brokerage firm PropTiger released the data, which showed that sales in India's eight primary residential markets fell 14 per cent to 97,674 units during April-June this year, from 1,13,768 units in the corresponding period of the preceding year. "The short-term dip in home sales and new launches is more of a recalibration than a sign of waning demand. Affordability pressures, particularly in the budget and mid-income segments, have led to some cautious buyer sentiment," Sridhar Srinivasan, Head of Sales, PropTiger.com said. However, Srinivasan noted that the underlying demand remains intact. As per the data, the housing

Sobha Q1 pre-sales rises 11% to ₹2,079 cr on better demand for homes

Realty firm Sobha Ltd has reported an 11 per cent increase in sales bookings to a record Rs 2,078.8 crore in the first quarter of this fiscal year as housing demand continues to be strong. Its sales bookings or pre-sales stood at Rs 1,873.7 crore in the year-ago period. The Bengaluru-based company sold 14.44 lakh sq ft area in April-June period of this fiscal year as against 11.75 lakh sq ft, according to a regulatory filing on Monday. During the June quarter, Sobha completed 1.07 million sq ft of saleable area and delivered 594 homes across projects. Sobha said the company has achieved its "highest-ever quarterly real estate sales value of Rs 20.79 billion, crossing the Rs 2,000 crore milestone for the first time." The company attributed various factors for robust demand, including urban migration, record commercial space absorption, stronger consumer and investor confidence, declining interest rates, and growing home ownership aspirations. Sobha launched two housing projects dur

Keystone Realtors Q1 sales bookings up 75% at ₹1,068 cr on housing demand

Keystone Realtors Ltd on Monday said it has sold a record Rs 1,068 crore worth of properties in the first quarter of this fiscal, an annual increase of 75 per cent, on high demand. Mumbai-based Keystone Realtors sells properties under the 'Rustomjee' brand. In a regulatory filing on Monday, the company informed that it has clocked pre-sales of Rs 1,068 crore in the first quarter of 2025-26 as compared to Rs 611 crore in the corresponding period of the preceding year. Keystone Realtors said it is the "best ever Q1 pre-sales of the company." The collection of funds from customers rose 19 per cent to Rs 575 crore from Rs 485 crore. Keystone Realtors launched three projects in the first quarter, having a saleable area of 0.91 million sq ft and an estimated GDV (gross development value) of Rs 4,000 crore. Under new business development, the company bagged three housing societies redevelopment projects during the latest June quarter. This will help the company to generate revenue of Rs

Affordable housing launches to remain muted despite rate cuts, tax benefits

While demand for sub ₹50-lakh affordable housing prevails, market players cite increased land rates, escalated construction costs and low margins as key prohibiting factors

Sundaram Home Finance aims to disburse ₹300 crore in Madhya Pradesh

Sundaram Home Finance, the wholly-owned subsidiary of Sundaram Finance Ltd, has strengthened its footprint in Madhya Pradesh with the opening of two new branches, a top official said on Thursday. The city-headquartered company inaugurated a branch in Pithampur and Ratlam and has targeted disbursements of Rs 300 crore in Madhya Pradesh this financial year. "This expansion in Madhya Pradesh is in line with our stated intent of identifying select growth opportunities in Tier II and III towns outside South India and building a stronger base in states where we already present in," Sundaram Home Finance MD D Lakshminarayanan said in a company statement here. The company currently operates two branches in Indore and one in Bhopal. With the current expansion in Pithampur and Ratlam, the total number of branches operated by Sundaram Home Finance in Madhya Pradesh increases to five. On the reasons behind expanding presence in Madhya Pradesh, Lakshminarayanan said the Central state is an ...

Raymond Realty eyes 30% rise in FY26 sales on robust housing demand

Raymond Realty is targeting a 30 per cent increase in its sales bookings this fiscal year to Rs 3,000 crore on strong launch pipeline of residential projects and robust demand. Raymond Realty, which is getting listed on stock exchanges on July 1 after demerger from Raymond Ltd, will launch six residential projects this fiscal year in the Mumbai Metropolitan Region with an estimated revenue potential of about Rs 14,000 crore. In an interview with PTI, Raymond Realty CEO Harmohan Sahni said housing demand continues to be strong, especially for reputed real estate developers. About sales bookings guidance for 2025-26, he said, "We are targeting Rs 3,000 crore pre-sales for the current fiscal year." Sahni said the company believes in keeping conservative target and over-achieving. Mumbai-based Raymond Realty, one of the leading real estate firms in the country, sold properties worth Rs 2,314 crore last fiscal year as against Rs 2,268 crore in the preceding year. Raymond Realty's reve

Tier-2 housing supply falls 35% in Q1 2025, affordable segment hit hardest

New launches in India's top 15 tier 2 cities decline steeply, led by a 54% slump in affordable homes and a shift toward mid- to high-value segments

DLF plans to launch housing projects worth Rs 17K cr in FY26 to boost sales

Realty major DLF Ltd plans to launch housing properties worth over Rs 17,000 crore this fiscal year to capitalize on the strong demand for luxury homes. In its latest investors presentation, DLF informed that the company launched 7.5 million square feet area during the last fiscal for sale with an estimated revenue potential of Rs 40,600 crore. Out of this, the company sold 5 million square feet in the last financial year itself for Rs 19,344 crore. At the beginning of the 2024-25 fiscal, DLF Ltd had given a guidance that the company would launch a 37 million square feet area in the medium-term with a total revenue potential of Rs 1,14,500 crore. Out of this, the company said, "About 35 per cent was already launched in FY25; around 15 per cent are planned to be launched in FY26." In the 2024-25 fiscal, DLF launched its super luxury project 'The Dahlias' with a total saleable area of 4.5 million sq ft and sales potential of Rs 35,000 crore. DLF said the company has received encour

Signature Global aims 21.5% rise in sales bookings in FY26 on strong demand

Realty firm Signature Global is targeting 21.5 per cent increase in its sales bookings to Rs 12,500 crore for the current fiscal as it plans to launch multiple housing projects to encash strong housing demand. According to an investor's presentation, the Gurugram-based company has provided guidance for sales bookings or pre-sales at Rs 12,500 crore for the 2025-26 fiscal. "The company plans to grow sales at 20 per cent in FY26 over FY25 and aims to consistently maintain this growth over the long term," Signature Global said. The company's sales bookings rose 42 per cent to a record Rs 10,290 crore in the 2024-25 fiscal. Signature Global on Thursday reported a 48 per cent increase in its consolidated net profit to Rs 61.12 crore for the latest quarter ended March. Its net profit stood at Rs 41.25 crore in the year-ago period. Total income declined to Rs 570.43 crore in the fourth quarter of the last fiscal from Rs 722.73 crore in the year-ago period. During the 2024-25 fiscal, ..

Godrej Properties to launch projects worth Rs 40K cr in FY26: Chairman

Godrej Properties plans to launch housing projects worth Rs 40,000 crore, as the company aims to increase market share and retain its position as the top listed real estate firm in terms of sales bookings. In an interview with PTI, Godrej Properties Executive Chairperson Pirojsha Godrej noted that the housing demand continues to be strong despite global economic uncertainties, and cited the company's performance in the last fiscal, where it achieved record sales bookings of Rs 29,444 crore, the highest among listed entities. "So, overall, I am very happy with the company's performance in FY25, and I think, key is now to maintain this momentum in the current financial year," Pirojsha told PTI. He said the company would continue to invest in land acquisition and development works to expand its business and increase market share. "We raised Rs 6,000 crore in October last year through QIP (Qualified Institutional Placement). That Rs 6,000 crore plus Rs 7,500 crore operating cash flow .

Housing units delivery across Delhi-NCR down 8% in FY25: PropEquity

Delhi-NCR has witnessed an 8 per cent decline in total residential units delivered during the last financial year to 48,388 units, according to PropEquity. The number of homes delivered in Delhi-NCR during the 2023-24 fiscal stood at 44,423 units. Real estate data analytic firm PropEquity data showed that the number of homes delivered in 9 major cities has risen 33 per cent to 4,06,889 units in 2024-25 as against 3,06,600 units in the preceding year. The data represents apartments, row houses, and villas whose occupancy certificates have been received. The top 9 cities are Bengaluru, Chennai, Hyderabad, Kolkata, Delhi-NCR, Mumbai, Thane, Navi Mumbai and Pune. The most number of homes were delivered in Pune at 81,563 units during the 2024-25 fiscal, an increase of 41 per cent Year-on-Year (Y-O-Y). Pune was followed by 77,017 units in Thane (39 per cent Y-O-Y growth), 57,304 units in Hyderabad (61 per cent Y-O-Y growth), 46,103 units in Bengaluru (26 per cent Y-O-Y growth), 44,423

Prestige Estates Q4 sales rise 48% to Rs 7K cr, FY25 bookings fall 19%

Realty firm Prestige Estates Projects Ltd sales bookings rose 48 per cent to nearly Rs 7,000 crore in January-March quarter, but pre-sales declined 19 per cent to over Rs 17,000 crore in the last fiscal. Prestige Estates attributed the fall in annual sales bookings numbers to lower launches of housing projects due to a lack of approvals from development authorities. As a result, the company has failed to achieve the annual sales bookings guidance of Rs 24,000 crore. In a regulatory filing, Bengaluru-based Prestige Estates shared its operational performance for the fourth quarter of the last fiscal and the full 2024-25 financial year. The company's sales bookings stood at Rs 6,957.4 crore in the January-March quarter of the last fiscal, an increase of 48 per cent year-on-year (y-o-y). Sales volume stood at 4.49 million square feet, a 9 per cent increase Y-o-Y. Total units sold during the fourth quarter stood at 2,301. The average realisation for apartments, villas, and commercia

Realtors may post mixed Q4 results as residential demand moderates

According to Anarock, housing sales across the top seven Indian cities declined by 28 per cent in Q4 FY25, driven by soaring residential prices and geopolitical headwinds

Keystone Realtors Q4 sales bookings up 1% at Rs 854 cr on strong demand

Realty firm Keystone Realtors Ltd on Tuesday reported a 1 per cent growth in sales bookings to Rs 854 crore for the fourth quarter of last fiscal as housing demand continues to be strong. Its sales bookings stood at Rs 843 crore in the year-ago period. In a regulatory filing, Keystone Realtors also informed that its sales bookings rose 34 per cent to Rs 3,028 crore in the 2024-25 fiscal year from Rs 2,266 crore in the preceding year. Boman Irani, CMD of Keystone Realtors, said, "FY25 has been an eventful and successful year for our company, marked by impressive achievements across key performance metrics, including pre-sales, collections, business development and new launches." The company's collections of funds from customers also showed remarkable growth, reaching Rs 2,326 crore for the entire 2024-25, he "In 2024-25, we launched a total of 7 projects with an estimated GDV (gross development value) of Rs 5,019 crore. The redevelopment opportunities in Mumbai remain a significant