KOLKATA, Nov 20: Amid escalating demand for luxury homes after the pandemic, there have been record new launches and sales of costlier homes across the top 7 cities in India, according to the latest ANAROCK data.
The average ticket size of homes sold in these cities was Rs 1.23 crore in H1 FY 2025, against Rs 1 crore in the corresponding period of FY 2024.
“Over 2,27,400 units worth approx. INR 2,79,309 Crore were sold across the top 7 cities between April and September 2024. Contrastingly, the corresponding period of FY2024 saw approx. 2,35,200 units worth INR 2,35,800 Crore sold. Despite a 3 percent drop in overall unit sales, the total sales value outstripped that of a year ago by 18 percent – underscoring the unrelenting demand for luxury homes.” ANAROCK group Chairman Anuj Puri said in a statement on Wednesday.
A deep dive revealed that at 56 percent, NCR saw the highest average ticket size growth ? from approximately Rs 93 lakh in H1 FY2024 to over Rs 1.45 Crore in H1 FY2025. Approximately 32,315 units worth Rs 30,154 Crore were sold in the region in H1 FY2024; in H1 FY2025, about 32,120 units worth Rs 46,611 Crore were sold. While the value of sold inventory increased by 55 pc in this period, the total number of units sold declined by 1 pc, the report said.
“MMR saw no change in average ticket size in this period,” said Puri.
“In H1 FY 2024, the average ticket size of sold units was INR 1.47 Crore. The region saw approx. 76,410 units worth INR 1,12,356 Crore sold in H1 FY 2024, while H1 FY 2025 saw approx. 77,735 units worth approx. INR 1,14,529 Crore sold.”
At 44 pc, Bengaluru witnessed the second-highest jump in average ticket size among the top 7 cities – it rose from Rs 84 lakhs in H1 FY2024 to Rs 1.21 Crore in H1 FY 2025.
In Hyderabad, H1 FY 2024 saw the average ticket size of sold units at Rs 84 lakhs – this increased by 37 pc to Rs 1.15 Crore in H1 FY 2025.
Chennai saw a jump of 31 pc in average ticket size – from Rs 72 lakhs in H1 FY2024 to Rs 95 lakh in H1 FY 2025.
In Pune, the average ticket size in H1 FY 2024 was Rs 66 lakhs – it increased by 29 pc to Rs 85 lakhs in H1 FY 2025.
Kolkata witnessed a 16 pc jump in average ticket size – it rose from Rs 53 lakhs in H1 FY2024 to Rs 61 lakh in H1 FY 2025.
(UNI)
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