With less than one week to the onset of November 2021, it is clear that the Indian real estate has seen unexpected growth in the current year.

ANAROCK conducted a research—Residential Market Viewpoints, Q3 2021, and they share interesting insights in the report.

The first three quarters of 2021 have seen total sales of 1,45,650 units in the top 7 cities—rising by 67 percent against the corresponding period in 2020. New launches have jumped by 117 percent—from 75,150 units in January to September period of 2020 to nearly 1,62,950 units in same period 2021.

An ANAROCK research report (source)

There is a visible shift in how the customers search for new homes and what are their priorities. On one hand, millennials are driving the change in home buying trends in India and the co-living acceptance brings some structural changes in the design or new housing projects for this segment. A Savills India report also shared insights into the second home preference among the Indian home buyers.

Research findings from an ANAROCK report, on Indian Residential Market Q3 2021, as posted by Tick Property Mohali.

The housing demand is fuelled by a combination of factors—the pandemic induced sense of security and the reduced interest rates. In North India, Mohali and Zirakpur have really responded fast to design and delivery some of the best residential projects and housing societies in the region. The PR7 road including the region in Mohali Aerocity and many other projects on and around the Mohali Airport Road give a lot of options to the region’s home buyers.

Comments to: Q3 2021—Indian Residential Market Viewpoints, a report by ANAROCK

Your email address will not be published. Required fields are marked *

Attach images - Only PNG, JPG, JPEG and GIF are supported.

Contact 9814210011, 9855063463, [email protected]

Join us today!

Join us for real estate industry updates, news, new projects, trends, reports, and new property updates.

Contributing authors

Inviting contributor author for Tick Property: If you want to write for Tick Property, please write to us at [email protected] with the details—your name, email ID, and your current organization (or business name if self-employed).

The Tick Property Newspaper

We publish a daily newspaper for a quick reference to real estate news, insights, and reports: See the Tick Property Newspaper

Good Reads

As the consumer products are becoming technology driven whether for connected devices at home, the voice technology, using integrated apps for house maintenance, it clearly impacts how you select a new home to buy in Mohali and Zirakpur. Whether you are looking for app enabled security system, the power consumption patterns, or the air quality […]

Worlwide

There are no matching posts for this section.

Trending

This post is taken from Forbes India (source). In the commercial property trends in India in the recent years, the new-generation technology parks have emerged particularly in high-potential and high-rewarding cities including in Bengaluru, Hyderabad, Mumbai, Delhi and Pune. Chandigarh and Kolkata are now attracting investments too. This, according to Nasscom, has been due to […]