Housing sales in FY23 were up 48% to Rs 3.47 lakh cr
Real Estate

Housing sales in FY23 were up 48% to Rs 3.47 lakh cr

Residential property sales climbed in value previous fiscal year from 2,34,8500 million to $3,46,9600 million, according to real estate consultancy Anarock.

Sales volume increased 36% to 3,79,095 units in 2022–2023 from 2,77,783 units the year before.

The information relates to primary (fresh sale) home market transactions.

According to Anuj Puri, Chairman of the Anarock Group, "India's residential real estate segment continues to show boundless forward momentum and is setting unprecedented benchmarks.

Residential property sales climbed in value previous fiscal year from 2,34,8500 million to $3,46,9600 million, according to real estate consultancy Anarock. Sales volume increased 36% to 3,79,095 units in 2022–2023 from 2,77,783 units the year before. The information relates to primary (fresh sale) home market transactions. According to Anuj Puri, Chairman of the Anarock Group, India's residential real estate segment continues to show boundless forward momentum and is setting unprecedented benchmarks.

Next Story
Technology

Building Faster, Smarter, and Greener!

Backed by ULCCS’s century-old legacy, U-Sphere combines technology, modular design and sustainable practices to deliver faster and more efficient projects. In an interaction with CW, Rohit Prabhakar, Director - Business Development, shares how the company’s integrated model of ‘Speed-Build’, ‘Smart-Build’ and ‘Sustain-Build’ is redefining construction efficiency, quality and environmental responsibility in India.U-Sphere positions itself at the intersection of speed, sustainability and smart design. How does this translate into measurable efficiency on the ground?At U..

Next Story
Infrastructure Transport

Smart Roads, Smarter India

India’s infrastructure boom is not only about laying more kilometres of highways – it’s about building them smarter, safer and more sustainably. From drones mapping fragile Himalayan slopes to 3D machine-controlled graders reducing human error, technology is steadily reshaping the way projects are planned and executed. Yet, the journey towards digitisation remains complex, demanding not just capital but also coordination, training and vision.Until recently, engineers largely depended on Survey of India toposheets and traditional survey methods like total stations or DGPS to prepare detai..

Next Story
Real Estate

What Does DCPR 2034 Mean?

The Maharashtra government has eased approval norms for high-rise buildings under DCPR 2034, enabling the municipal commissioner to sanction projects up to 180 m on large plots. This change is expected to streamline approvals, reduce procedural delays and accelerate redevelopment, drawing reactions from developers, planners and industry experts about its implications for Mumbai’s vertical growth.Under the revised DCPR 2034 rules, buildings on plots of 2,000 sq m or more can now be approved up to 180 m by the municipal commissioner, provided structural and geotechnical reports are certified b..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?