fortuneindia.com-India's property market hits ₹4L cr in 2024; Western region leads
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, a 2% year-on-year (YoY) growth over 2023.
The western region emerged as the dominant force in India’s property market, with cities such as Mumbai, Thane, Navi Mumbai, and Pune accounting for 61% of registered transactions and 69% of the total sales value. In the southern region, Bengaluru and Hyderabad contributed 25% of the total transactions.
