January 16, 2025 3:58 PM

Home sales in India hit record high of 3.03 lakh units in 2024: JLL report

India’s residential property market saw a growth of 11 percent in 2024, with total sales reaching 3,02,867 units, as per a report by JLL. This marks the highest-ever annual sales volume in the sector, with expectations of sustained momentum in 2025. Average annual sales during the post-pandemic period (2022-2024) have surpassed the decade average of 2010-2019 by 63 percent, indicating an increased inclination towards home ownership across price segments. The report highlighted a 30 percent y...