Indian Real Estate Booms In Q1 2024, Led By Luxury Homes And Office Space Times property
India's real estate market continues its positive trajectory, fueled by a surge in both housing sales and office space leasing in the first quarter (Q1) of 2024, according to a report by Knight Frank India.
Housing Market Sees Rise in Luxury Homes The residential sector witnessed a nine per cent year-on-year (YoY) growth in home sales across eight major cities – Delhi-NCR, Mumbai, Chennai, Kolkata, Hyderabad, Bengaluru, Pune, and Ahmedabad. Mumbai led the pack with a remarkable 17 per cent increase in sales, reaching 23,743 units sold in Q1 2024.
