Housing Sales

Houses delivered in 9 major Indian cities up 33% in FY25: Report

Western and Southern markets report surge, trend expected to continue

Bengaluru sees 59% rise in luxury home sales to ₹1,000 cr in FY25: Report

Bengaluru's housing market witnessed a 59 per cent growth in sales of luxury homes, costing Rs 10 crore and above, in the last fiscal at a record Rs 1,000 crore on high demand, according to India Sotheby's International Realty and CRE Matrix report. Real estate consultant India Sotheby's International Realty (ISIR) and real estate data analytics firm CRE Matrix's recent report mentioned that Bengaluru's luxury housing market (Rs 10 crore and above) achieved sale bookings of Rs 1,000 crore in 2024-25 against Rs 627 crore in the preceding year. In volume terms, sales of luxury homes rose to 78 units from 51 units. The report stated that Rs 10-12 crore ticket-size apartments are seeing the highest sales in Bengaluru's luxury segment. "Bengaluru's luxury housing market has entered a new league. We're seeing discerning buyers - especially CXOs, startup founders, and global Indians - investing not just in a home, but in a lifestyle. The demand today is driven as much by aspiration as by

Ashiana Housing Q4 bookings down 33% to ₹575 cr; FY25 sales at ₹1,937 cr

Realty firm Ashiana Housing Ltd's sales bookings declined 33 per cent to Rs 574.73 crore in the fourth quarter of the last fiscal, as it sold a lesser number of housing units. Its sales bookings stood at Rs 862.54 crore in the year-ago period. "597 units were booked in Q4 of FY25 vis-a-vis 451 units booked in Q3 of FY25 and 628 units booked in Q4 of FY24," Ashiana Housing said in a regulatory filing on Friday. However, the company's sales bookings rose 8 per cent to Rs 1,936.75 crore in the last fiscal against Rs 1,798.22 crore in 2023-24. "The sales value of Rs 1,936.75 crore was the highest-ever annual sales by the company," Ashiana Housing said. Delhi-based Ashiana Housing is one of the leading real estate developers in the country. The company focuses on developing group housing projects. It is also a major player in senior living homes.

Sales of homes priced up to ₹50 lakh down 9% in Jan-Mar: Knight Frank

Sales of affordable homes, costing less than Rs 50 lakh each, declined 9 per cent in January-March this year to 21,010 units across eight major cities due to high prices, elevated mortgage rates, and low supply, according to Knight Frank. Real estate consultant Knight Frank India data of primary residential market showed that sales in Rs 50 lakh to Rs 1 crore segment, too, fell 6 per cent to 26,832 units during the first quarter of this calendar year. "While sales in the higher ticket sizes have been driving market growth, those in the Rs 5-10 million (Rs 50-100 lakh) and less than Rs 5 million (Rs 50 lakh) categories have dropped by 6 per cent and 9 per cent year-on-year, respectively as homebuyers focus remained on the premium category during the quarter," the report said. "As high prices and elevated interest rates kept homebuyers away from the market in this price-sensitive segment, the lack of supply also played a significant role in curtailing sales volumes," the consultant ..

Ultra-luxury home sales grow 483%, affordable segment falls: Knight Frank

The premium housing segment (Rs 1 crore and above) was the key market driver, accounting for 46 per cent of total sales, up from 40 per cent in Q1 2024

Love at first sale? 31 men tricked by 'girlfriend' estate agents in China

31 men in China thought they had found love, only to realise their 'girlfriends' were estate agents using romance to close property deals

Housing sales dip 28% in top 7 Indian cities, prices increase: Report

Global headwinds, rising prices among reasons 'taking a toll' on India's residential market activity

Housing supply down 34%, sales drop 23% in top 9 cities in Q1CY25: Report

Supply drops below 100,000 units for the third straight quarter

Housing sales in Bhopal up 10% to 3,565 units in 2024: PropEquity

Housing sales in Bhopal, the capital of Madhya Pradesh, has risen 10 per cent to 3,565 units during the last year while the growth was 38 per cent in value terms to Rs 2,344 crore, according to PropEquity. Real estate data analytic firm PropEquity data showed that sales in Bhopal's primary residential market stood at 3,565 units in 2024 as compared to 3,238 units in the preceding year. In terms of value, the housing sales in Bhopal rose to Rs 2,344 crore last year from Rs 1,703 crore in 2023. Further, PropEquity attributed the higher growth in sales value to rising input cost due to an increase in prices of land, labour and construction materials. Moreover, the developers are launching more premium and luxury housing projects, leading to higher sales value. PropEquity has recently released the data for 15 major tier-II cities where total housing sales rose 4 per cent to 1,78,771 units in 2024 from 1,71,903 units in the preceding year. In value terms, the sales increased by 20 per

Housing sales in Jaipur rise 5% in 2024, value up 39%: PropEquity

Housing sales in Jaipur rose just 5 per cent to 10,695 units in 2024 but grew 39 per cent in value terms to Rs 8,388 crore, according to real estate data analytics firm PropEquity. In 2023, housing sales in the capital city of Rajasthan stood at 10,187 units, with value of Rs 6,019 crore, PropEquity data showed. PropEquity Founder Samir Jasuja attributed the higher growth in sales value to rising input cost of real estate projects because of an increase in prices of land, labour and construction materials. Moreover, the developers are launching more premium and luxury housing projects, leading to higher sales value. PropEquity has recently released the data for 15 major tier-II cities where total housing sales rose 4 per cent to 1,78,771 units in 2024 from 1,71,903 in the preceding year. In value terms, the sales increased 20 per cent to Rs 1,52,552 crore in 2024 from Rs 1,27,505 crore during 2023. These 15 locations are -- Ahmedabad, Surat, Vadodara, Gandhinagar, Nashik, Jaipur

Housing sales in top 15 tier-II cities rise 20% to Rs 1.53 trn: PropEquity

Housing sales across 15 top tier-II cities rose 20 per cent in value terms last calendar year to more than Rs 1.52 lakh crore on higher volume and price appreciation, according to PropEquity. Real estate data analytics firm PropEquity on Wednesday released the data for 15 major tier-II cities where total housing sales rose 4 per cent to 1,78,771 units in 2024 from 1,71,903 in the preceding year. In value terms, the sales increased 20 per cent to Rs 1,52,552 crore in 2024 from Rs 1,27,505 crore in 2023. These 15 cities are -- Ahmedabad, Surat, Vadodara, Gandhi Nagar, Nashik, Jaipur, Nagpur, Bhubaneswar, Mohali, Visakhapatnam, Lucknow, Coimbatore, Goa, Bhopal and Trivandrum. As per the data, housing sales rose the most in Coimbatore at 36 per cent and fell maximum in Visakhapatnam by 21 per cent in 2024. Bhubaneswar recorded the highest growth in sales value at 47 per cent while Nashik recorded a 2 per cent decline in sales value. Samir Jasuja, Founder & CEO, PropEquity, said, ..

Signature Global sales bookings jump 2.8 times to Rs 8,670 cr in Apr-Dec

Real estate company Signature Global sales bookings jumped 2.8 times to a record Rs 8,670 crore in the first nine months of this fiscal on strong housing demand. According to its latest investors presentation, Signature Global's achieved pre-sales or sales bookings of Rs 8,670 crore in April-December period of 2024-25 fiscal from Rs 3,120 crore in the year-ago period, registering 178 per cent annual growth. Signature Global has given a sales guidance of Rs 10,000 crore for the entire 2024-25 fiscal as against Rs 7,270 crore in the preceding financial year. Signature Global launched projects worth Rs 13,500 crore in the first nine months of this fiscal year as against the target of Rs 16,000 crore for the entire 2024-25. The company's Chairman Pradeep Kumar Aggarwal said the robust performance in the first nine months of FY25, marked by strong revenue growth and achievement of profitability, reflects the success of its strategic initiatives and execution capabilities. "The remarkab

Square Yards Apr-Dec revenue up 46% to Rs 938 cr on better housing demand

Proptech firm Square Yards, which is into housing and home loan brokerage, on Tuesday said its revenue rose 46 per cent to Rs 938.4 crore in the first nine months of 2024-25 fiscal year amid strong demand for residential properties. Revenue stood at Rs 644.1 crore in the year-ago period. Square Yards has businesses mainly in India and Dubai. The company's India revenue rose 50 per cent to Rs 759.6 crore during April-December period of 2024-25 from Rs 506.7 crore in the corresponding period of the previous year, according to a statement. Consolidated gross profit rose to Rs 167.7 crore during the period under review from Rs 94 crore in the year-ago period. "This would mark our 2nd consecutive year of profitability, and first year of operating cash flow break even. We expect to close at USD 170mn+ revenue for this fiscal," Tanuj Shori, Founder & CEO of Square Yards, said.

Housing sales drop 9% in 9 major cities to 471k units in 2024: PropEquity

Housing sales across nine major cities dropped 9 per cent to nearly 4.71 lakh units in 2024 on lower demand as well as fall in fresh supply, according to PropEquity. Data analytics firm PropEquity, part of listed entity P E Analytics, on Wednesday released the housing data for nine major cities namely Bengaluru, Chennai, Hyderabad, Kolkata, Delhi-NCR, Mumbai, Navi Mumbai, Pune and Thane. As per the data, the sales of residential properties declined 9 per cent to 4,70,899 units during 2024 from 5,14,820 units in the preceding year. New supply fell 15 per cent to 4,11,022 units in 2024 on the back of two quarters of under-activity due to general elections and monsoon. Samir Jasuja, CEO & Founder, PropEquity said, "The drop in housing supply and sales in 2024 is due to the high base effect, as 2023 was a peak year." "A detailed analysis of the numbers reveals that despite the drop, the supply to absorption ratio in 2024 remains the same as 2023 which indicates that the fundamentals .

At 30%, Delhi-NCR sees highest increase in housing prices in 2024

Anarock noted that Delhi-NCR recorded the "highest yearly jump of 30 per cent in average residential price --"from Rs 5,800 per sq ft in 2023 to nearly Rs 7,550 per sq ft in 2024."

Sales of homes priced below Rs 50 lakh fall 14% in 2024 in 7 cities: JLL

Sales of apartments, costing less than Rs 50 lakh each, fell 14 per cent to 38,626 units in 2024 across seven major cities on lesser launches of affordable housing projects and rising prices, according to JLL India. Real estate consultant JLL India data showed that sales of apartments across seven major cities during 2024 witnessed sustained growth, reaching a record-high volume of 3,02,867 units, up 11 per cent from 2,71,818 units in the preceding year. The seven cities are Mumbai (including Mumbai city, Mumbai suburbs, Thane city, and Navi Mumbai), Delhi-NCR (including Delhi, Gurugram, Noida, Greater Noida, Ghaziabad, Faridabad and Sohna), Bengaluru, Pune, Chennai, Hyderabad and Kolkata. The data includes only apartments. Rowhouses, villas, and plotted developments are excluded from the JLL India analysis. Among different price categories, sales of apartments costing less than Rs 50 lakh each fell to 38,626 units from 45,160 units. In the Rs 50 lakh1 crore price category, the s

Housing sales in top 8 cities down 26% in Dec qtr, up 6% in 2024: PropTiger

Housing sales declined 26 per cent to 1,06,038 units across eight major cities during the December quarter on lower demand mainly due to high prices, according to PropTiger. Sales stood at 1,43,482 units in the year-ago period. Real estate consultant PropTiger, however, said that sales of residential properties in 2024 rose 6 per cent to 4,36,992 units from 410,791 in the year-ago period across eight major cities --Ahmedabad, Bangalore, Chennai, Hyderabad, Kolkata, Delhi-NCR (Gurugram, Noida, Greater Noida, Ghaziabad and Faridabad), Mumbai Metropolitan Region (Mumbai, Navi Mumbai & Thane) and Pune. Commenting on the report, Dhruv Agarwala, Group CEO, Housing.com & Proptiger.com said, "While the October-December festive period, saw a Q-o-Q increase in sales as expected, there was a Y-o-Y decline in both sales and new launches across most regions. Factors such as global economic uncertainties, major state elections, and property price increase across the country led to a ...

Ashiana Housing sales bookings jump over 2.5 times to Rs 454 crore in Q3

Realty firm Ashiana Housing has reported over 2.5-fold jump in its sales bookings to Rs 454.31 crore in the quarter ended December on strong demand for its residential properties. The company's sales bookings stood at Rs 173.88 crore in the year-ago period. During April-December period of this fiscal, Ashiana Housing sales bookings increased to Rs 1,362.17 crore from Rs 935.68 crore in the corresponding period of the preceding year, according to the latest regulatory filing. During the third quarter of 2024-25 fiscal, Ashiana Housing sold 451 units as against 252 units booked in the year-ago period. Delhi-based Ashiana is one of the leading real estate developers in the country. The company is mainly into the housing segment and specialises in senior living homes. During the 2023-24 financial year, Ashiana Housing had sold properties worth Rs 1,798.22 crore. From the past 6-7 years, real estate developers having good track record of executing projects are gaining market share at

Signature Global records its highest 9-month pre-sales at Rs 8,670 crore

The company's pre-sales for Q3 FY25 stood at Rs 2,770 crore, up 120 per cent YoY

Housing sales up 7% in 2024 across top 8 cities at 350K units: Knight Frank

Housing sales rose 7 per cent annually in 2024 across eight major cities to reach 12-year high at 3,50,613 units on better demand for premium homes amid stable mortgage rates and strong economic growth, according to Knight Frank. Last month, real estate consultant Anarock had reported that housing sales declined 4 per cent in 2024 to nearly 4.6 lakh units across seven major cities. In a virtual conference on Tuesday, property consultant Knight Frank India Chairman and Managing Director Shishir Baijal noted that the Indian housing market saw a strong demand for homes priced between Rs 2-5 crore each. Hyderabad and Pune reached an all-time highs and Mumbai recorded a 13-year peak. "The higher ticket size segments drove momentum despite concerns of overheating, with the Rs 2-5 crore category witnessing an 85 per cent annual growth, although the sub-Rs 50 lakh and Rs 50 lakh-1 crore segments saw declining or fatigued sales," the consultant said. Baijal said the residential market has