Business

Record-Breaking Year for Real Estate: Over 400,000 Homes Delivered in India's Top Cities with Pune Taking the Lead

Residential Real Estate Booms Across India's Major Cities

In an unprecedented surge, the 2024-25 financial year witnessed the delivery of 406,889 residential units across nine major Indian cities, marking a 33% increase from the previous year. This remarkable growth highlights the robust demand and confidence in India's real estate sector.

Over 4 lakh homes delivered across top 9 cities in FY25; Pune leads, Delhi-NCR dips: Report

Pune Leads the Charge

Pune emerged as the frontrunner with 81,563 units delivered, showcasing a 41% year-on-year growth. Following closely were Thane, Hyderabad, and Bengaluru, with Delhi-NCR being the only region to experience a decline, with an 8% drop in deliveries.

Regulatory Reforms Fuel Growth

The significant improvement in delivery timelines has been attributed to the Real Estate (Regulation and Development) Act (RERA), ensuring stronger cash flows and faster project executions. Industry leaders remain optimistic about the continued growth of the sector.