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.

Related Stories

Gold Stories

Next Story
Real Estate

Adani begins construction of Dharavi rehabilitation homes

Construction of rehabilitation homes for eligible Dharavi residents has commenced at the 22-acre Matunga railway site, following a Bhoomi Poojan ceremony performed by Pranav Adani, Director, Adani Enterprises (AEL). The project, being implemented by Adani Navbharat Developers (ANDPL), envisages 10 towers comprising 10,432 rehabilitation apartments and 1,379 commercial and industrial units.Under the in-situ rehabilitation scheme, eligible residents will receive homes measuring 350 sq ft. Residents from Sectors 6 and 1 will be accommodated at Matunga first, followed by nearly 4,500 apartments fo..

Next Story
Real Estate

Adani begins construction of Dharavi rehabilitation homes

Construction of rehabilitation homes for eligible Dharavi residents has commenced at the 22-acre Matunga railway site, following a Bhoomi Poojan ceremony performed by Pranav Adani, Director, Adani Enterprises (AEL). The project, being implemented by Adani Navbharat Developers (ANDPL), envisages 10 towers comprising 10,432 rehabilitation apartments and 1,379 commercial and industrial units.Under the in-situ rehabilitation scheme, eligible residents will receive homes measuring 350 sq ft. Residents from Sectors 6 and 1 will be accommodated at Matunga first, followed by nearly 4,500 apartments fo..

Next Story
Equipment

Seven Propel 470 HEV electric tippers go to work on coal haulage in Chhattisgarh

Propel EV, the electric mobility division of Propel Industries and India's No. 1 electric tipper brand, has deployed seven 470 HEV electric trucks with a leading coal-haulage contractor at one of India's largest opencast coal mines in Chhattisgarh. The trucks are in daily operation, moving coal on continuous haul cycles in one of the most demanding applications in Indian mining.Why Electric - and Why CoalCoal haulage runs round the clock: heavy loads, long haul cycles, steep ramps and abrasive dust. It is also where diesel hurts most. Engines run continuously, fuel is the largest single operat..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code