Anarock report 42Percentage of 4.60 Lakh Homes Sold in 7 Cities in 2024 Were Fresh Launches

By-Mr. Garvit Tiwari, Director & Co-Founder, InfraMantra, property consulting firm:

The rise in demand for newly launched projects shows the growing confidence that developers have earned over the past couple of years especially big listed developers. As a result, homebuyers are investing in those properties at a lower price. Also, the operationalisation and strict oversight of RERA has ensured fair practices, transparency and investor confidence in the real estate sector. The emergence of new micro markets across top cities have also tilted the preference of homebuyers towards newly launched projects.