Anarock Chairman Anuj Puri said, “The year 2022 has been spectacular for the real estate sector of India when housing sales have crossed the high level of 2014 as well.
New Delhi:
Indian Real Estate Industry: After the Kovid-19 epidemic, real estate companies have completed the construction of more than four lakh houses in seven major cities of the country in 2022, speeding up the pace of construction of houses. Property consultant firm Anarock has said that in 2022, the construction work of 4.02 lakh houses in seven major markets of the country was completed, which is much higher than the figure of 2.79 lakh houses in 2021. However, the pace of construction of houses in 2020 and 2021 was severely affected during the Covid Pandemic. Anarock has released this data regarding residential properties built in the cities of Delhi-NCR, Mumbai Metropolitan Region, Pune, Bengaluru, Hyderabad, Chennai and Kolkata.
As per the data, the maximum number of 1.26 lakh units of houses to be completed in the year 2022 were in the Mumbai region. In the year 2021, only 70,500 houses were ready in Mumbai. At the same time, 86,300 houses were completed in the Delhi-NCR region last year, which is marginally less than 86,590 in 2021. 84,200 units have been built in Pune while 81,580 residential units have been built collectively in Bengaluru, Hyderabad and Chennai. In Kolkata, this figure is 23,190 units.
Anarock Chairman Anuj Puri said, “The year 2022 has been spectacular for the real estate sector of India when the sales crossed the high level of 2014 as well. To meet this demand, the developer’s focus is on completing the construction of houses soon. ”””’ He said that in 2023 also more than 5.44 lakh houses are expected to be constructed. Of these, maximum 1,66,850 houses are likely to be constructed in the Delhi-NCR region. Apart from this, 1.33 lakh houses can be completed in Mumbai region.