Housing launches increased by 86% Y-o-Y at a record high

10 Apr 2023 CW Team

The top eight residential markets in India experienced a 22% increase in sales and an 86% increase in supply between January and March of this year, according to a study by PropTiger.

Despite further increases in home loan interest rates, housing sales climbed. Real estate developers aggressively introduced new products to the market to meet the soaring demand.

Both sales and new launches are increasing, which indicates that the Indian housing market is expanding significantly. This is especially significant in light of the difficult global economy and the rising cost of mortgages on the domestic market.

Despite these challenges, the research notes that housing sales increased by a high double-digit 22% during the first quarter of 2023, suggesting persistent sales momentum.

From January to March 2023, sales increased from 70,630 units in the same period last year to 85,850 units across eight cities. Over these eight major cities, new launches increased from 79,530 units to 147,780 units, the biggest number in a quarter.

In the top 8 cities, both supply and demand have seen double-digit growth. While new supply is at an all-time high, sales have expanded at a much slower rate, primarily because homebuyers are taking their time to find the appropriate product.

Also read:
Maharashtra government to buy Air India's building for Rs 1,600 crore
CAG's higher land premium proposal ignored by Ahmedabad civic body

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..