A strong shift toward premiumisation has emerged and homes priced at Rs.1 crore and above increased by 1 per cent YoY, accounting for 18 per cent of total registrations in February 2025
The assessment’s data reveals that the number of residential properties registered in January 2025 stood at 5,444 as against 5,454 registrations in January 2024. The drop might appear small but it apparently reflects the prevailing real estate market sentiments
Amid concerns from developers, builders, and consumers about the recent shifts in the city's real estate market, speculations are emerging regarding the sales of existing stock and the impact of new project launches on inventory levels.