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🏠 Pan-India Residential Launches: Budget Segmentation 2024 💰

The Indian housing market in 2024 is witnessing shifting trends in new launches! Here's a breakdown by budget:

🔹 Affordable Segment (₹2.5 Cr):

2024: 30% of launches 🚀 (vs 22% in 2023).
The highest growth, signaling rising demand for luxury living.

💡 Key Insight: Developers are aligning with market preferences for higher ticket sizes, while affordable housing takes a backseat.

✨ Which segment are you exploring in 2025? Let us know in the comments!

🚀 Launches vs Sales: Real Estate in 2024 🏡

The Indian real estate market witnessed a dynamic year in 2024! Here’s a quick look at Launches vs Sales in the top 7 cities:

🔷 New Launches

2024: 4.12 Lakh Units 📉 (7% YoY decline)
Compared to 2019: +74% 🚀
Key Contributors: MMR, Hyderabad, Pune, Bengaluru (79% of launches).
Developers are taking a measured approach to avoid oversupply.

🔷 Housing Sales

2024: 4.59 Lakh Units 📉 (4% YoY decline).
Compared to 2019: +76% 📈
Top Performers: MMR, Pune, Bengaluru, Hyderabad, NCR (92% of total sales).
Despite high interest rates & property prices, strong demand continues as buyers see real estate as a preferred investment.

💡 Takeaway: The market remains resilient, balancing launches and sales to maintain healthy growth.

Delhi-NCR sets the benchmark! 🏙️✨ With ₹41k Cr in housing sales value in Q3 CY’24, it’s a powerhouse contributing 30% to the national total! 🚀

Looking to invest in the real estate boom? Let’s make it happen! 🔑🏡

🌟 Real Estate Market Insights Q3 CY'24 🌟

Here's a snapshot of city-wise housing sales across India for Q3 CY'24, as per the latest CRE Matrix report:

🏡 Top Performers:

📍 Pune takes the lead with 20% of units sold.
📍 Hyderabad shines at 17%, followed by Bengaluru, Delhi-NCR, and Thane at 15% each.
📍 Mumbai contributes 13%, while Kolkata holds 6%.

🏙️ Which city do you think will dominate next quarter? Drop your thoughts below!👇

📊 Your City’s Real Estate Market in Focus! 🏙️

Discover the latest trends in residential real estate across top cities:

📍 Mumbai: 2BHK average budget starts from ₹45 lakh in the suburbs to ₹4.5 Cr in the South! H1-2024 saw a whopping 84,500 homes sold, up 16% compared to last year. 🌆 ⠀

📍 Bengaluru: 2BHK prices range from ₹55 lakh in West Bengaluru to ₹2 Cr in Central Bengaluru. With 34,100 homes sold, the market grew by 11%! 📈 ⠀

📍 Pune: Affordable options with prices starting at ₹55 lakh, and premium options in Central Pune around ₹1.8 Cr. With 44,100 homes sold, the market rose by 9%. 🏡

Swipe to see how your zone stacks up in budget and price per sq ft! 💸✨

Data Source: Anarock Research Data 📈