Leading Realtors See Pre-Sales Boom in FY24

17 Jun 2024 CW Team

Leading listed real estate developers are experiencing a significant surge in pre-sales in FY24, driven by robust demand and favourable market conditions. According to recent data, major realty firms like DLF, Lodha, and Godrej Properties have reported record pre-sales figures, reflecting a strong recovery in the housing sector.

DLF, one of the country's top real estate players, has recorded pre-sales of ?2,040 crore in the first quarter of FY24, marking a substantial year-on-year increase. Similarly, Macrotech Developers (Lodha) has seen pre-sales soar to ?3,300 crore, driven by high demand in both luxury and mid-income housing segments. Godrej Properties also reported impressive pre-sales, attributing the growth to new project launches and strategic sales initiatives.

The boom in pre-sales is largely attributed to a combination of factors including lower interest rates, increased consumer confidence, and a renewed focus on homeownership post-pandemic. Additionally, the implementation of the Real Estate (Regulation and Development) Act (RERA) has boosted buyer confidence by ensuring greater transparency and accountability in the sector.

Industry experts predict that this upward trend will continue, fueled by urbanisation, rising disposable incomes, and government incentives for affordable housing. Developers are optimistic about sustaining this growth momentum, with many planning to launch new projects and expand their footprints in key markets.

The positive pre-sales performance not only highlights the resilience of the real estate sector but also underscores its critical role in the overall economic recovery. As developers adapt to changing consumer preferences and market dynamics, the outlook for the real estate industry remains bullish for the remainder of FY24.

Infrastructure Urban

13 Mar 2026

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

Jal Jeevan Mission Reaches Eighty One Per Cent Rural Coverage

The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

Empowering Local Governance for Sustainable Rural Water Supply

The Ministry of Jal Shakti has aligned the Jal Jeevan Mission (JJM) with the 73rd Amendment to strengthen village level planning and community ownership of water supply. Gram Panchayats, village water and sanitation committees and Pani Samitis are to plan, implement, manage and maintain piped water systems, with gram sabha processes formalising handover and oversight. Implementation support agencies including non government organisations, community based organisations and self help groups have been empanelled to train local committees and promote women participation. Under JJM, the department ..