Latest StoriesResidential

Housing Sales Drop 14% in Major Cities: Report

NEW DELHI: Housing sales in the top seven cities experienced a 14% decline year-on-year, totaling approximately 3.96 lakh units in 2025, according to a report from the Indian Chamber of Commerce (ICC) and Anarock. Despite the drop in sales volume, the overall transaction value grew by 6%, exceeding ₹6 lakh crore. This trend highlights a significant shift in urban housing demand. After a period of stagnant price growth from 2015 to 2019, residential prices surged nearly 54% from 2019 to 2024 due to post-pandemic recovery, infrastructure enhancements, and consolidation among major developers. In 2025, price growth moderated to an estimated…

IndustryLatest Stories

Mumbai Tops 2025 Land Deals with 32 Acquisitions Over 500 Acres

Representative AI image NEW DELHI: The Mumbai Metropolitan Region (MMR) topped the land acquisition market in India in 2025, with 32 deals covering over 500 acres, according to Anarock Research. This accounts for more than 13% of the total land transactions in the country for the year. Overall, 126 land deals involving over 3,772 acres were completed in India in 2025, which is a slight decrease from 133 transactions in 2024 but a significant increase in land area, up from approximately 2,514 acres in the previous year. In 2024, MMR recorded about 30 land deals encompassing over 607 acres. Residential…

CommercialLatest Stories

Office Rentals in Top 7 Cities Jump 6% Yearly by 2025: Anarock

NEW DELHI: Office rental prices in the top seven cities increased by 6% year-over-year, rising from approximately ₹85 per sq ft in the first nine months of 2024 to around ₹90 per sq ft in the same period of 2025, per Anarock Research. Average vacancy rates experienced a slight decline of 3% annually, decreasing from 16.70% in the first nine months of 2024 to 16.20% in 2025. Chennai stands out with the lowest office vacancy rate among top cities at 8.90%. Office space absorption jumped 34%, increasing from about 31.31 million sq ft in 2024 to approximately 42 million sq…

IndustryLatest Stories

₹30,885 Crore in Land Deals Across India in H1 2025

Representative image created by AI NEW DELHI: The Indian land market saw unprecedented activity in the first half of 2025, with approximately 2,900 acres sold across 76 transactions—exceeding the entire volume of 2024, which consisted of 133 deals covering 2,515 acres. A recent Anarock report indicates that land transactions in H1 2025 alone are valued at ₹30,885 crore, with potential revenue estimated at ₹1.47 lakh crore and a total development capacity exceeding 233 million sq. ft. Among the top seven cities in India, the Mumbai Metropolitan Region (MMR) dominated with 24 land transactions covering over 433 acres, followed by Bengaluru…