Tag: India real estate market

Latest StoriesResidential

Housing Sales Fall 7% in Q1 2026 Amid Global Uncertainty

NEW DELHI: Housing sales in India’s top seven cities saw a sequential decline of 7% in the January-March quarter of 2026, influenced by global uncertainties. Nonetheless, demand remained robust year-on-year, according to Anarock Research. A total of 1,01,675 units valued at ₹1.51 lakh crore were sold in Q1 2026, compared to 1,08,970 units worth ₹1.60 lakh crore in the previous quarter. Year-on-year, sales increased by 9% from approximately 93,280 units sold in Q1 2025, while in value, sales dropped 5% quarter-on-quarter but climbed 6% year-on-year. Geopolitical tensions and rising input costs contributed to reduced buyer sentiment during this period, resulting…

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Real Estate Jobs May Reach 100 Million by 2030: Report

Representative AI image NEW DELHI: Employment in India’s real estate sector could soar to nearly 100 million by 2030, up from an estimated 70 million currently, according to a joint report from KPMG and NAREDCO. The report highlights that the existing job base encompasses construction, sales, design, and allied industries. It adds that every new real estate project generates demand across a broad supply chain, including cement, steel, bricks, paint, glass, fittings, logistics, and a variety of services. The study assesses India’s real estate market to be approximately ₹26.4 trillion now, with projections estimating growth to around ₹88 trillion by…

Latest StoriesResidential

Luxury Home Sales Soar 85% in H1 2025: Report

NEW DELHI: The luxury real estate sector in India experienced a remarkable growth spurt in the first half of 2025, with sales rising by 85% year-on-year, totaling nearly 7,000 units across the top seven cities, as highlighted in a joint report by CBRE South Asia and ASSOCHAM. This increase indicates a growing interest among high-net-worth individuals (HNIs), ultra-HNIs, and non-resident Indians (NRIs) in premium real estate, driven by macroeconomic stability and a stronger U.S. dollar. The Delhi-NCR market led the trend, accounting for 57% of total luxury sales, approximately 4,000 units, marking a threefold increase from the prior year. Mumbai…