Residential market sees 9% YoY growth in Q3
The Free Press Journal|October 04, 2024
In its latest report 'India Real Estate: Residential and Office Q3 2024 (July-September 2024)', Knight Frank India revealed that Mumbai's residential market recorded the highest sales among the eight Indian cities, with 24,222 units sold - a 9% year-on-year (YoY) growth.
Bhalohandra Chorghade

During the same period, 23,677 new units were launched in the city. The average weighted residential price saw a 6% YoY increase, reaching Rs8,056 per sq ft, the highest in the country.

Mumbai also recorded a 10% YoY growth in the Rs5mn to 10mn ticket size category during Q3 2024, which accounted for 24% of the city's total sales. The under Rs5 mn segment saw the highest volume, with 10,198 units sold, representing 42% of total sales. Meanwhile, the Rs10mn and above category experienced a 16% YoY growth, increasing from 7,018 units in Q3 of 2023 to 8,153 units in Q3 of 2024.

هذه القصة مأخوذة من طبعة October 04, 2024 من The Free Press Journal.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 04, 2024 من The Free Press Journal.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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