According to the latest ANAROCK data, capital values in the top 7 cities increased by a significant 128 percent between 2021 and 2024, while rental values in many micro markets appreciated less than the overall capital value growth.
With a steep rise in rental housing demand in the top cities, average rental values have soared, and rental income has been heading steadily north. Rental income is the annual rate of interest investors earn from capital invested in a property.
Quarterly housing sales are at an all-time high, with approximately 130,170 units sold in January-March quarter of 2024 across the top seven cities, reveals real estate consultant Anarock data. This is a 14 per cent yearly rise against approximately 113,775 units sold back in January-March 2
The year 2023 was remarkable for the Indian housing sector, with record-high sales and new launches across the top seven cities. The latest data put out by real estate consultancy firm ANAROCK Research revealed that unit completions between 2017 and 2023 have not lagged this trend.
New Delhi [India], August 23 (ANI): Luxury housing segment has performed quite well in India post the pandemic, with overall sales rising steeply across the top 7 metros.