Boost in real estate market, highest no. of units registered
Real Estate

Boost in real estate market, highest no. of units registered

In terms of the quantity of properties registered, the real estate market in Mumbai experienced its highest-ever sale in 2022. Pune, Hyderabad, Ahmedabad, and Mumbai Metropolitan Region (MMR) saw the greatest ever supply of new homes in 2022, according to statistics from Liases Foras, an independent real estate research firm.

The information showed that there were 9,022 new homes available in MMR in September 2021. The number increased by 144% to 22,044 in September of this year. The research revealed that the average price growth in MMR was only 1%.

Launch of new residential developments also experienced a notable surge throughout India. According to the data, it was 41% greater than 2018 and 22% higher than 2019. According to Pankaj Kapoor, managing director of Liases Foras, "2022 witnessed the biggest sales ever, crossing the 4- lakh mark across India. Additionally, the year had the most launches ever, with 0.00042 billion brand-new units being introduced. As a result, there are now more unsold inventory.

Prior to the Covid-19 outbreak, it would typically take 53 months to sell every unsold unit. "Now, this number is 38–39 months... Only 7% of the inventory has been cut. In 2018, there were over 0.00135 billion unsold inventories, which was the greatest amount ever. According to Kapoor, there are currently 0.00125 billion units in various phases of building. He added that it will take at least three years to sell these units.

According to Liases Foras' forecast for the 2023 real estate market, the price increase would be gradual. According to the report, 2023 will be a buyer's market because there will be a lot of properties for sale and little room for profit for builders. According to the estimate, sales would not decline in the upcoming year.

In terms of the quantity of properties registered, the real estate market in Mumbai experienced its highest-ever sale in 2022. Pune, Hyderabad, Ahmedabad, and Mumbai Metropolitan Region (MMR) saw the greatest ever supply of new homes in 2022, according to statistics from Liases Foras, an independent real estate research firm. The information showed that there were 9,022 new homes available in MMR in September 2021. The number increased by 144% to 22,044 in September of this year. The research revealed that the average price growth in MMR was only 1%. Launch of new residential developments also experienced a notable surge throughout India. According to the data, it was 41% greater than 2018 and 22% higher than 2019. According to Pankaj Kapoor, managing director of Liases Foras, 2022 witnessed the biggest sales ever, crossing the 4- lakh mark across India. Additionally, the year had the most launches ever, with 0.00042 billion brand-new units being introduced. As a result, there are now more unsold inventory. Prior to the Covid-19 outbreak, it would typically take 53 months to sell every unsold unit. Now, this number is 38–39 months... Only 7% of the inventory has been cut. In 2018, there were over 0.00135 billion unsold inventories, which was the greatest amount ever. According to Kapoor, there are currently 0.00125 billion units in various phases of building. He added that it will take at least three years to sell these units. According to Liases Foras' forecast for the 2023 real estate market, the price increase would be gradual. According to the report, 2023 will be a buyer's market because there will be a lot of properties for sale and little room for profit for builders. According to the estimate, sales would not decline in the upcoming year.

Next Story
Real Estate

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

Next Story
Infrastructure Transport

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Next Story
Technology

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement