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Rising prices and elections stall residential growth in 2024: ANAROCK
- The housing sales in the top seven cities saw a marginal 4% decline in 2024.
- The overall sales value of housing units increased by 1% year-on-year, rising from ₹4.88 lakh crore in 2023 to approximately ₹5.68 lakh crore in 2024.
- The new launches in the top seven cities saw a 7% annual decline.
- On an annual basis, housing prices increased between 13-30% across the top 7 cities.
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