Average home prices in seven cities hit Rs 1.23 crore in H1FY20: Anarock

Average home prices in seven cities hit Rs 1.23 crore in H1FY20: Anarock


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New Delhi: Average ticket size of homes sold in seven cities is around Rs 1.23 crore H1FY25 Whereas in the same period of FY 2024 it was Rs 1 crore anarock data.

Anuj Puri“Over 2,27,400 units worth about Rs 2,79,309 crore were sold across the top seven cities between April and September 2024. In contrast, about Rs 2,000 units were sold in the same period in FY2024,” Anarock Group chairman said. 35,200 units were sold.” “Despite a 3% decline in total unit sales to Rs 35,800 crore, total sales value was up 18% over a year ago – clearly underscoring the continued demand for luxury homes.”

The data shows that NCR saw the highest growth in average ticket size – increasing from around Rs 93 lakh in H1FY24 to over Rs 1.45 crore in H1FY25. While the value of inventory sold increased by 55% over the period, the total number of units sold declined by 1%.

Mumbai No change was seen in the average ticket size in the metropolitan area during this period,” says Puri. “In H1FY20, the average ticket size of units sold was Rs 1.47 crore. Seen in the area approx. 76,410 units worth Rs 1,12,356 crore were sold in the first half of FY24, while the first half of FY25 saw approx. Approximately 77,735 units. Sales worth Rs 1,14,529 crore were made.”

at 44%, Bengaluru The seven cities saw the second-highest jump in average ticket size – rising from Rs 84 lakh in H1FY24 to Rs 1.21 crore in H1FY25.

The average ticket size of units sold in Hyderabad in H1FY24 was Rs 84 lakh, while it increased by 37% to Rs 1.15 crore in H1FY25.

Chennai The average ticket size saw a 31% increase – from Rs 72 lakh in H1FY20 to Rs 95 lakh in H1FY20.

In PuneThe average ticket size was Rs 66 lakh in H1FY24 – this increased by 29% to Rs 85 lakh in H1FY25.

Kolkata The average ticket size saw a growth of 16% – from Rs 53 lakh in H1FY2014 to Rs 61 lakh in H1FY205.

  • Published on November 21, 2024 at 04:00 PM IST

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