Business Standard-2024 realty deals hit 5.5 lakh, valued at Rs 4 tn, prices up 60% in 5 yrs
The Indian property market continued its upward momentum in 2024, with 5.77 lakh residential transactions recorded across primary and secondary markets, 4% higher as compared to 2023. The total value of these transactions exceeded Rs. 4 lakh crore, marking a 2% year-on-year (YoY) growth over 2023, noted property listing firm Square Yards.
Analysis includes Pune, Thane, Mumbai, Navi Mumbai, Bengaluru, Hyderabad, Noida, Greater Noida, Ghaziabad unless mentioned otherwise. Includes both primary and secondary residential registered transactions for apartments, plots and villas for 2024. Rounded off to the nearest lakh.
