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MMR and NCR together saw approximately 2,57,780 units completed in 2023, the data showed. Approximately 5.31 lakh units are lined up for completion in 2024 across the top seven Indian cities ....
The real estate sector is in the middle of an upcycle fuelled by demand-supply balance, low inventory, favourable affordability, and gradual price hikes. ....
Yearender 2023: The Mumbai region witnessed 40 percent annual increase in sales, while Pune recorded a 52 percent spike over 2022. Bengaluru grew 29 percent, while Hyderabad grew 30 percent. At 3 percent, NCR saw the least growth. ....