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CHENNAI: Top metros recorded a YoY decline in housing sales for the second consecutive quarter during the current calendar year. Housing sales dropped by 20% in Q2 CY2025 at 96,285 units against 1,20,335 units in the same quarter last year (April-June CY2024), a report by property consultant Anarock said. The dip was 28% in the previous quarter Q1 (Jan-March) CY2025 over Q1 CY2024. However, housing sales marginally rose by 3% QoQ (Q1 vs Q2) this year (CY2025). The report released on Thursday sai ...Read More >
Mumbai: Increasing property prices and geopolitical tensions across the world have hit housing sales in seven metropolitan cities in India, with sales dropping by 20% in the second quarter of 2025 compared to the second quarter of 2024. The Mumbai Metropolitan Region (MMR) was hit the hardest, with housing sales dropping by 25%, from 41,540 units in the second quarter of 2024 to 31,275 units in the second quarter of 2025, according to a report by real estate consulting firm, Anarock. Approximat ...Read More >
Mumbai: To bring discipline to urban traffic and avoid unnecessary congestion on roads, the Urban Development Department must amend its policy to strengthen the parking system, said Maharashtra Transport Minister Pratap Sarnaik. He emphasized the importance of introducing an integrated parking system in metropolitan cities. Minister Sarnaik was speaking at a meeting of municipal commissioners from the Mumbai Metropolitan Region (MMR), held at Mantralaya. The meeting included officials such as A ...Read More >
CHENNAI: Top metros recorded a YoY decline in housing sales for the second consecutive quarter during the current calendar year. Housing sales dropped by 20% in Q2 CY2025 at 96,285 units against 1,20,335 units in the same quarter last year (April-June CY2024), a report by property consultant Anarock said. The dip was 28% in the previous quarter Q1 (Jan-March) CY2025 over Q1 CY2024. However, housing sales marginally rose by 3% QoQ (Q1 vs Q2) this year (CY2025). The report released on Thursday sai ...Read More >
Mumbai, Dec 26 (VOICE) The overall sales value of housing units saw a 16 per cent yearly jump in 2024 - from approximately Rs 4.88 lakh crore in 2023 to about Rs 5.68 lakh crore this year, according to a report on Thursday.The housing sales in the top seven cities stood at nearly 4,59,650 units in 2024, against 4,76,530 units in 2023, according to the rpeort by Anarock Group. Mumbai Metropolitan Region (MMR) witnessed the highest sales of nearly 1,55,335 units in 2024, registering a 1 per cent ...Read More >
New Delhi [India], December 26 (ANI): India's real estate sector experienced a significant surge in demand in November 2024, with a decline in new property launches according to a report by Nuvama. The report highlighted a sharp divergence between demand and supply trends, driven by a growing preference for premium properties across the country. "Demand surges; launches fall.... The ongoing premiumisation trend in India's property space implies that volume-value trends have diverged sharply" s ...Read More >
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