By Admin 
Demand for homes in india: In the first quarter of this year, there has been an increase in the demand for houses of Rs 1 crore and more, due to which the total home sales figure in the country has increased to more than 65 thousand. This information was given in a report released on Thursday.
Moderate decline in sales of houses in January-March
JLL’s report stated that there has been a slight decline in the sales of houses during the January-March period and a total of 65,246 units have been sold. Due to the limit of this decline, the demand for houses worth Rs 3-5 crore and Rs 1.5-3 crore is to increase. The report stated that the continuous increase in demand for high -cost houses indicates increasing prosperity, changing lifestyle priorities and priority to large and premium assets among those who buy homes.
66 percent stake in total sales of these cities
According to the report, Bengaluru, Mumbai and Pune have dominated the sales of homes in the top seven cities of the country and the total stake in the total sales of these cities has been 66 per cent. Increasing multinational companies and startups in these cities are causing employment opportunities and infrastructure is continuously improving, making these cities more attractive to live and work. The big thing is that a large part of the quarter sales quantity in the last few quarters came from the projects launched during the same quarter.
The report stated that the trend continued in the first quarter of 2025 and the new launch between January-March contributed one-fourth to the sale. Large developers are promoting this trend being launched with timely delivery and assurance of stable price increase.
Demand for houses priced less than Rs 1 crore
Dr. Samantak Das, Chief Economist of JLL and head of REIS, India, said, “There are indications of changes in buyers’ priorities in the residential real estate market, with a decrease in demand for houses worth less than Rs 1 crore and the demand for high-level properties is increasing.”
Developers are focusing more on medium to high-level projects to coordinate with existing demand pattern. The high-level residential sector has steadily bouncing, with an increase of 107 per cent on an annual basis in the launch of Rs 1 crore and above properties, which is due to strong sales in this segment.
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