Delhi-NCR has pipped Mumbai and Hyderabad to emerge as the top selling housing market across nine cities in 2024 owing to 66% growth in sales value in Gurugram alone. With this, Delhi-NCR has breached the ₹1 lakh crore sales value threshold, a report by PropEquity, a real estate data analytics firm has said. The total sales value of Delhi-NCR rose by 63% in 2024 to ₹1.53 lakh crore while that of...
The Dwarka Expressway, once envisioned as a solution to Delhi's traffic woes, is rapidly transforming into a vibrant and sought-after luxury residential hub. The area is attracting both developers and discerning homebuyers seeking a modern and upscale lifestyle. This transformation is driven by a confluence of factors, including improved connectivity, strategic location, and the development of high-end...
The housing market continues to soar in the country as prices appreciated at about 10% during the last quarter of 2024. The average prices across India’s top eight cities — Ahmedabad, Bengaluru, Chennai, Delhi NCR, Hyderabad, Kolkata, Mumbai Metropolitan Region (MMR) and Pune — witnessed an increase. Delhi NCR led the way with over 30% annual price rise. It was, however, the Dwarka Expressway stretch...
Average housing prices across the top eight markets in India witnessed a 10% YoY rise during the quarter ended on December 31, 2024. According to a report by CREDAI-Colliers-Liases Foras, the price appreciation was evident in all the eight major cities, with Delhi NCR witnessing the highest rise at 31% YoY growth, followed by Bengaluru at 23% YoY rise during Q4 2024. On the other hand, the affordable...
Luxury real estate in Delhi-NCR is seeing sustained growth, offering buyers a diverse range of options, from established high-end neighborhoods to rapidly developing micro-markets. The housing segment experienced a steep surge in demand for both luxury and premium housing, driven by increasing disposable incomes, buyers' changing lifestyle preferences, favorable home loan rates, and various other...
A surge in premium property demand positions Gurugram as a key player competing with Mumbai. Gurugram’s real estate market has exploded, with property prices nearly doubling and the area gaining prominence as one of India's fastest-growing property hotspots. The city is witnessing new high-end residential launches and luxury projects, solidifying its status as the preferred choice for both investors and...
The real estate market in the Delhi-NCR, especially the luxury segment, is currently experiencing remarkable growth with demand for luxury residential properties surging recently among both end-users and investors. In an interview with news18.com, Gautam Kanodia, founder of KREEVA and Kanodia Group, shares his insights into the transformative real estate sector in NCR and the company’s plans going...
Gurugram, a premier real estate market in India, experienced a significant increase in new project launches, reaching Rs 88,000 crore in calendar 2024, compared to Rs 45,000 crore in 2023, with developers concentrating on upmarket luxury projects featuring larger flats. According to Haryana RETA data, whilst 239 projects worth Rs 64,000 crore were launched in Gurugram in 2017, the number decreased to...
