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.

Real Estate

31 Oct 2025

Birla Estates Tops Global GRESB 2025 Rankings

Birla Estates (BEPL), a wholly owned subsidiary of Aditya Birla Real Estate (formerly Century Textiles and Industries Limited), has been recognised as a Sector Leader in the 2025 GRESB Real Estate Assessment, securing top honours across multiple global and regional categories.Birla Estates’ Achievements in GRESB 2025:Global Sector Leader – ResidentialGlobal Sector Leader – Non-Listed ResidentialRegional Sector Leader – Asia – ResidentialRegional Sector Leader – Non-Listed – Asia – ResidentialThese distinctions reaffirm Birla Estates’ exceptional performance in Environmental, ..

Progota India Secures RDSO Clearance for Kavach 4.0

Concord Control Systems, one of India’s leading manufacturers of embedded electronic and critical system solutions, announced that its associate company, Progota India, has received Technical Prototype Clearance from the Research Designs and Standards Organisation (RDSO) for Kavach 4.0, the latest version of Indian Railways’ indigenous Automatic Train Protection (ATP) system.With this clearance, Progota has been formally approved to execute its ongoing trial order from South Central Railway, marking a key milestone in India’s railway modernization journey. The approval also establishes P..

MPS Interactive Systems Completes Full Acquisition of Liberate Group

MPS Interactive Systems (MPSi), a material subsidiary of MPS, has completed the acquisition of the remaining shareholding in the Liberate Group of Companies—comprising Liberate Learning, App-eLearn, and Liberate eLearning.With this transaction, MPSi now holds 100 per cent ownership of all entities within the Liberate Group, making them its wholly owned subsidiaries. The acquisition was executed in line with the valuation methodology defined in the original transaction documents.Commenting on the development, Rahul Arora, Chairman and CEO of MPS, said, “The corporate learning sector continu..