Housing sales hit new high in ’22 despite price rise

29 Dec 2022 CW Team

India's residential property sales recorded an all-time high in 2022, breaching the previous high of 2014 on the back of strong demand for housing despite a hike in mortgage rates, according to a report by property consultant Anarock.

Housing sales in 2022 were nearly 365,000 units across seven major cities. The prices of residential properties have risen in the range of 4-7%, which can be attributed to a rise in input costs and a post-Covid demand comeback, said the report.

Releasing the demand-supply data of India's top residential primary (fresh sale) markets, Anarock said that the housing sales rose 54% during the year to 364,900 units as against 236,500 units in 2021 across the seven cities – Delhi National Capital Region (NCR), Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune.

The previous peak was seen in 2014, when 343,000 units were sold across the top seven cities.

The MMR market clocked the highest sales of 109,700 units in 2022, followed by NCR at 63,700 units.

According to the data, the housing sales in Delhi NCR rose 59% to 63,712 units in 2022, from 40,053 units in the previous year. The MMR market saw a 44% increase in sales to 109,733 units this year, from 76,396 units in the 2021 calendar year, while Pune witnessed a 59% rise to 57,146 units from 35,975 units.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..