Demand for luxury homes has surged across India’s top seven cities post-pandemic, leading to record sales and new launches, according to ANAROCKβs latest report. In H1 FY2025, the average ticket size of homes in these cities reached Rs 1.23 crore, up from Rs 1 crore in the same period of FY2024.Anuj Puri, Chairman of ANAROCK…
READ MOREHousing launch and sales during July-September quarter in top 9 cities have declined by 11% and 18% respectively, according to a data by real estate data analytics firm PropEquity. The NSE-listed firm said that new launches in the quarter fell to 93,693 units from 1,05,655 units in the same period last year while sales fell…
READ MOREDevelopers are able to complete large scale projects in less than five years since 2014 against 6 years before that as modernisation of construction technology and implementation of Real Estate Regulatory Authority (RERA) has ensured homebuyers are getting the home in time.According to Anarock data, the average time taken to complete smaller projects of less…
READ MOREAshiana Housing, a listed real estate developer, aims to double its annual senior living housing sales to 1,000 units within four years, capitalising on the post-Covid surge in demand that has already boosted sales from 200 to 450β500 units per year.The company reported revenue of Rs 1,800 crore in FY 2023β24, marking a 50% increase…
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