The National Capital Region (NCR) has cemented its position as a leader in India's residential real estate sector, reporting a substantial 56% rise in average home prices, according to an ANAROCK report. The average ticket size of homes in NCR jumped from approximately ₹93 lakh in H1 FY2024 to over ₹1.45 crore in H1 FY2025, marking a decisive shift towards luxury properties post-pandemic.
In the first half of the fiscal year 2025, NCR reported the sale of nearly 32,120 units valued at ₹46,611 crore, compared to 32,315 units worth ₹30,154 crore in the same period of FY2024. This reflects a minor 1% reduction in units sold but a notable 55% rise in the total value of transactions, underscoring the increased appetite for high-end homes. Across India's top seven cities, real estate sales reached around 2,27,400 units, worth ₹2,79,309 crore during H1 FY2025, despite a 3% decrease in unit volume compared to H1 FY2024.
Nevertheless, the total transaction value surged by 18%, buoyed by the rising traction of higher-priced homes. Magnetic cities like Mumbai and Bengaluru showcased diverse trends; Mumbai maintained its leadership in sales value without altering average ticket prices, while Bengaluru witnessed a 44% increase in average prices. These trends indicate a burgeoning preference for premium housing options.
According to ANAROCK Group Chairman Anuj Puri, "The luxury housing segment continues to gain traction, with average ticket sizes rising in most cities. Although t.
