In the Indian real estate market, 42% of the approximately 4.6 lakh homes sold in the top seven cities were new launches, according to a report released by real estate consultancy group Anarock.
This marks an increase as compared to 2023, when 40% of around 4.77 lakh units sold were fresh launches, it said.
The housing finance market, valued at around Rs 33 trillion, is expected to grow at a CAGR of 15-16 percent between 2024-25 and 2029-30 to Rs 77-81 trillion, CareEdge Ratings has asserted.
CareEdge Ratings believes that this growth will be driven by robust structural elements and favourable government incentives, making housing finance an attractive asset class for lenders.
Indian high-net-worth individuals (HNWIs), those with assets exceeding $10 million, are expected to allocate 22-25% of their wealth to prime residential real estate, with 80-90% of their holdings concentrated within the country, said Vivek Rathi, National Director of Research at Knight Frank India, during the launch of the Knight Frank Wealth Report 2025, as he spoke to HT.com
Real Estate News, Real Estate Sector, Real Estate in Delhi-NCR: Delhi’s real estate landscape is transforming, driven by strategic infrastructure developments that are enhancing urban connectivity and accessibility. As the city invests in modernizing its transport networks, luxury residential developments are reaping the benefits of improved mobility, better urban aesthetics, and increased desirability.
Real estate has been thrust into the forefront of investment strategies as the definition of wealth generation continues to evolve, with a growing focus among HNWIs and UHNIs. This shift stands out most within the Indian framework, where the ever-growing market offers luxury living spaces coupled with more relevant opportunities for wealth preservation and portfolio diversification.
While women have always been the key decision-makers in the home buying process in India, they now increasingly make independent, individual property purchases, according to the latest ANAROCK Consumer Sentiment Survey from H2 2024. A significant majority of them are end-users, though investors are not far behind.
As many as 1.43 lakh real estate projects, comprising 1.11 crore units, have been registered with the Real Estate Regulatory Authority (RERA) across 20 states in the country till 2024 since its operationalisation in 2017.
According to data provided by NSE-listed real estate analytics firm PropEquity, the number of projects registered with RERA fell by 21 percent between 2022-2024. It, however, had risen by 145 percent to 25,281 projects between calendar years 2020 and 2022.
India’s luxury housing market is having its moment in 2024, and it’s rewriting the rules of living well. From spacious and bespoke homes in Bengaluru to sleek, amenity-packed apartments in Mumbai, these properties reflect a generation unafraid to marry comfort with innovation, and wealth with purpose. The luxury segment has increasingly become a status symbol, with homes priced between Rs 10 crore and ₹80 crore leading the charge.
India's average home prices and rental costs are set to outpace consumer inflation this year according to a Reuters poll of housing experts who were split on whether affordability for first-time homebuyers would worsen or improve.
While faltering economic growth, stagnant wages and a dearth of well-paying jobs have left millions of working-class families with depleted savings, home prices have nearly doubled in the past decade in a housing market dominated and driven by those with high incomes.
With large and listed developers dominating the new launch housing supply across the top seven cities in India , homebuyers are pressing the 'buy' button in newly launched projects. Over 42% of approximately 460,000 homes sold in 2024 was in newly launched projects - significantly up from pre-pandemic sales share of 26% of 261,000 homes sold in 2019, shows data analsyed by property consulting firm Anarock in its latest report.
