Work Hours
Monday to Friday: 7AM - 7PM
Weekend: 10AM - 5PM
India’s Real Estate Boom: 4,140 Apartments Sold in Q1 Alone!
According to the CBRE South Asia report ‘India Market Monitor Q1 2024’, a 10% Y-o-Y sales growth was seen. In the first three months of this year, India has witnessed an amazing rise in the sale of apartments. A whopping total of 4,140 apartments were sold during this period. What’s even more impressive is that these apartments ranged from Rs 4 crore to Rs 60 crore in value! A good Construction Sector growth in India was seen through this report.
This surge in sales points towards a strong demand for high-end residential properties in India. Despite economic changes and the growth of cities, people are still eager to invest in luxury housing.
This trend is a positive sign for the real estate market in India. It shows that even in between challenges, the desire for quality housing remains strong. This could be due to factors like people wanting better living standards or simply investing in property as a secure asset for the future.
Also Read: Top 5 Mega Development Projects in India