Skip to main content
Residential prices move up.
Q1 2024 saw the highest number of new launches ever recorded in the previous first quarters.
Unsold inventory increased by 1% Q-o-Q in Q1 2024
Looking Ahead:Growth momentum continues
About JLL
About JLL India
Looking for more insights? Never miss an update.
Residential Sales (in units) Q1 Average (2019-22) Q1 2023 Q1 2024 % share in 2024 Y-o-Y change (%)
Bengaluru 7,582 13,029 16,995 23% 30%
Chennai 2,875 2,563 3,373 5% 32%
Delhi NCR 6,812 10,139 10,153 13% 0%
Hyderabad 3,940 8,123 8,593 12% 6%
Kolkata 2,083 3,160 4,979 6% 58%
Mumbai 8,181 12,988 16,544 22% 27%
Pune 5,010 12,038 13,849 19% 15%
India 36,481 62,040 74,486 100% 20%
Ticket Size Break Up - Sales(%)
Q1 2022 Q1 2023 Q1 2024
Less Than 50 Lakh 27% 18% 15%
50 Lakh – 75 Lakh 23% 22% 21%
75 Lakh – 1 Crore 15% 17% 17%
1 Crore – 1.5 Crore 16% 20% 19%
1.5 Crore – 3 Crore 14% 14% 17%
3 Crore – 5 Crore 3% 4% 7%
Above 5 Crore 2% 5% 4%
Total 100% 100% 100%
Residential Launches Q1 Average (2019-22) Q1 2023 Q1 2024 % share in 2024 Y-o-Y change (%)
Bengaluru 10,508 11,745 12,616 16% 7%
Chennai 2,950 3,310 4,262 5% 29%
Delhi NCR 3,360 9,152 7,669 10% -16%
Hyderabad 6,839 13,844 16,728 21% 21%
Kolkata 1,870 3,737 3,093 4% -17%
Mumbai 11,745 16,867 20,224 26% 20%
Pune 5,894 16,340 14,518 18% -11%
India 43,166 74,995 79,110 100% 5%