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Delhi-NCR housing boom, over 23,000 new units launched in H1, Gurugram leads charge
The Business Guardian
|July 20, 2024
The Delhi NCR housing market has witnessed a remarkable surge in the first half of 2024, with a record 23,265 housing units launched, surpassing the total annual launches of 2023.
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According to a JLL report, this significant growth is attributed to the strong demand for premium housing options in the region.
Gurugram led the way, accounting for 55% of the new launches, followed by Noida at 35%. Notably, 65% of the newly launched inventory has already been sold, indicating a robust market demand. The luxury segment has been particularly resilient, with 27% of the units launched in H1 2024 priced at Rs 5 crore or above, totaling nearly 6,200 units.
Developers have introduced premium projects featuring top-notch amenities and specifications, catering to the growing demand for high-end housing options. This shift towards luxury housing is evident in Gurugram, where 43% of the newly launched residential units in H1 2024 were priced at Rs 5 crore or above.
Cette histoire est tirée de l'édition July 20, 2024 de The Business Guardian.
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