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The typical ticket dimension of homes marketed in the leading 7 cities in India stood at Rs 1.23 crore throughout the initial fifty percent of FY25 (April-September 2024), a 23 percent dive as compared to Rs 1 crore in the equivalent duration of FY 2024, …Read More
The typical ticket dimension of homes marketed in the leading 7 cities in India stood at Rs 1.23 crore throughout the initial fifty percent of FY25 (April-September 2024), a 23 percent dive as compared to Rs 1 crore in the equivalent duration of FY 2024, according to the current information from realty working as a consultant company Anarock.
“Amid intensifying need for deluxe homes after the pandemic, there have actually been record brand-new launches and sales of more expensive homes throughout the leading 7 cities. The typical ticket dimension of homes marketed in these cities was Rs 1.23 crore in H1 FY 2025, versus Rs 1 crore in the equivalent duration of FY 2024,” Anarock said in a report.
The top seven cities are the Mumbai Metropolitan Region (MMR), the National Capital Region (NCR), Bengaluru, Hyderabad, Pune, Chennai, and Kolkata.
The National Capital Region (NCR) saw the highest average ticket size growth of 56 per cent between H1 FY2024 and H1 FY2025, surging from Rs 93 lakh to over Rs 1.45 crore. During H1 FY2025, about 32,120 units worth Rs 46,611 crore were sold in the region as against 32,315 units worth Rs 30,154 crore in the year-ago period, the report said.
While the value of sold inventory increased by 55 per cent in this period, the total number of units sold declined by 1 per cent.