Investment: For the first time, equity investment in realty is more than 90 thousand crores, 49% more than last year
Equity investment in the country’s real estate sector is expected to grow by 49% this year. It can reach a record level of Rs 93,00 crore, which was Rs 62,471 crore in 2023. This estimate has been made in the report of industry organization CII and real estate consultant CBRE. Between January and September, equity investment in real estate has increased by 46% to Rs 75,134 crore.
Most investment from US, Singapore
* Tier-1 cities like Delhi-NCR, Mumbai, Bengaluru accounted for 63% of equity investment in January-September. During this period, Tier-2, 3 cities like Ludhiana, Mohali, Indore also received investment of Rs 5,065 crore.
* Developers received 41% of the total capital investment. Local investors (mainly developers) invested Rs 50,652 crore, which is 65% of the total capital inflow.
* Institutions from North America and Singapore invested about Rs 26,170 crore in Indian real estate, which is about 85% of the total foreign capital.
Record value: Average home prices in seven major cities of the country increased by 23% to Rs 1.23 crore
There has been a record increase in the launch of housing projects and sales of expensive homes in 7 big cities of the country. In the financial year 2024-25, between April and September, houses were sold in these cities at an average price of 1.23 crores. The average price in the same period last year was Rs 1 crore. According to a report by Anarock, during this period 2.27 lakh houses worth Rs 2.8 lakh crore were sold in these cities. In the same half year last year, 2,35,200 houses worth Rs 2,35,800 crore were sold.
Average house prices in NCR increased by 56%
* Average house prices in Delhi-NCR increased by 56% to Rs 1.45 crore. 32,125 houses worth Rs 46,611 crore were sold in April-September. Last year, 32,315 houses worth Rs 30,154 crore were sold.
* Average house prices in Bengaluru increased by 44% to Rs 1.21 crore. 31,380 houses worth Rs 37,863 crore were sold in this city between April-September this year. Last year, 31,440 houses worth Rs 26,274 crore were sold here. During this period, average house prices in Hyderabad increased by 37%.
Prosperity: Hyderabad is the fastest growing city, but Delhi is ahead in infrastructure
Hyderabad has emerged as the fastest growing city in the country due to strong infrastructure development and increasing population of the rich. Bengaluru stood second in this case. At the same time, Mumbai-MMR remained at the third position by maintaining stable growth on all parameters. According to Knight Frank’s India Prime City Index Report 2024, Delhi-NCR (National Capital Region) is at the top in the country in terms of its better infrastructure and governance.
Best Workforce Participation in Bangalore
* Bangalore ranks highest on the socio-economic scale. Its service sector attracts a skilled workforce from India and abroad. Bangalore has a workforce participation rate of 76% and an unemployment rate of just 1.8%.
* Home launches in Hyderabad have grown at a rate of 10% per annum over a decade. Delhi-NCR leads the ranking of physical infrastructure. It has the largest metro rail network in the country. About 68 lakh people travel daily by the more than 350 km long Delhi Metro.
