Housing supply up 44 pc in NCR this year to 53K units; luxury home share in launches 60 pc: Report
Anarock. The number of new launches of residential properties stood at 36,735 units during 2023.
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Real estate consultant Anarock has released the data of primary (first sale) housing market for 2024 of India's seven major cities — Delhi-NCR, Mumbai Metropolitan Region (MMR), Pune, Bengaluru, Chennai, Hyderabad, and Kolkata.
As per the Anarock data, Delhi-NCR launched 53,000 new housing units in 2024 — a significant 44 per cent rise over 2023.
«Over 59 per cent of the new supply was in the ultra-luxury segment priced more than Rs 2.5 crore,» it said.
According to the data, housing sales in Delhi-NCR declined 6 per cent to 61,900 units in 2024 from 65,625 units in the preceding year.
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