GlobalMoneynews

Housing gross sales in Gurugram up 13% in 2023; down 7-8% every in Noida, Gr Noida: Anarock

Housing gross sales in Gurugram rose 13 per cent yearly in 2023 on excessive demand, particularly for luxurious flats, however Noida and Better Noida noticed a seven-eight per cent fall, in line with Anarock knowledge on the Delhi NCR market.

  • Additionally learn: Luxurious properties anticipated to search out fancy with youthful consumers in 2024

Actual property advisor Anarock’s knowledge confirmed that gross sales of residential properties in Gurugram went up 13 per cent to 36,970 in 2023 from 32,615 items within the earlier 12 months.

Nonetheless, gross sales in Noida fell eight per cent to five,840 items from 6,360 items. Better Noida noticed a seven per cent drop in gross sales to 10,180 items from 10,985 items. Ghaziabad, too, witnessed a fall of eight per cent to six,340 items from 6,890 items.

The overall housing gross sales in Faridabad, Delhi and Bhiwadi decreased to six,295 items throughout 2023 from 6,860 items within the earlier 12 months.

General, the Delhi-NCR noticed solely a marginal development of three per cent in housing gross sales to 65,625 items throughout 2023 from 63,710 items within the earlier 12 months.

Anarock Group Regional Director & Head of Analysis Prashant Thakur stated, “Other than Gurugram, gross sales have fallen in different elements of NCR due to the lesser launch of latest housing initiatives.” Realty corporations Signature International, TARC Ltd, and Elan Group attributed the rise in gross sales in Gurugram to robust shopper sentiment and the event of assorted infrastructure initiatives.

Pradeep Aggarwal, founder and chairman of Signature International, stated, “Gurugram’s actual property market is witnessing a surge in demand for the mid-income and luxurious properties, pushed by younger professionals and nuclear households in search of an aspirational and handy way of life.

  • Additionally learn: Mumbai property registrations surge to second-highest degree in 11 years, income climbs 4% in December

Hotspot zones like New Gurugram, Dwarka Expressway and the Southern Peripheral Highway are drawing large purchaser curiosity, fueling double-digit capital worth jumps, he stated.

Amar Sarin, MD and CEO of TARC Ltd, stated, “Delhi NCR’s actual property panorama, particularly Gurugram, is witnessing a renaissance, defying market challenges and illustrating sturdy demand.

Ravish Kapoor, Managing Director of Elan Group, famous that “inside the NCR area, Gurugram stood out because the prime vacation spot, bolstered by burgeoning infrastructure.” Dwarka Expressway, inside the metropolis, emerged as probably the most promising micro-market for the residential sector, Kapoor added.



#Housing #gross sales #Gurugram #Noida #Noida #Anarock

Exit mobile version