The Indian real estate market is poised for a major breakthrough as property launches in the fourth quarter (Q4) of FY 2024-25 are expected to hit an unprecedented Rs 60,000 crore. This remarkable figure is more than double the Rs 24,000 crore seen in Q4 of the previous year, signaling a robust rebound in market activity and investor confidence.
During the recent fiscal period, the Indian real estate sector experienced a dip in property launches due to subdued demand during the elections in key states like Maharashtra and Delhi. However, post-election, demand has surged significantly, paving the way for this record-breaking launch period. Top developers are now stepping up their efforts to capitalize on renewed buyer enthusiasm, which is further bolstered by a strong economic outlook and rising disposable incomes.
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Data from Kotak Institutional Equities reveals that A-listed developers have already contributed to launching 106 million sq ft of property this fiscal, generating a gross development value (GDV) of approximately Rs 1.6 lakh crore. This surge in development is a clear indication of the sector’s resilience and its capacity to drive economic growth despite previous setbacks.
Leading developers such as Prestige Estates and Lodha are at the forefront of this launch wave. Prestige Estates, a prominent name in the market, is expected to roll out a significant inventory with projects in Bangalore, Chennai, and Mumbai contributing to the overall Rs 60,000 crore figure. Meanwhile, Lodha is set to introduce new projects that add an inventory value of around Rs 7,000 crore. These strategic launches not only expand the supply of residential and commercial properties but also set the stage for improved market liquidity and price appreciation in the long run.
The fourth quarter is traditionally a strong period for property launches in India due to favorable seasonal demand and the culmination of the fiscal year. With developers aligning their project timelines to this period, the market anticipates a well-balanced supply that avoids oversaturation, ensuring steady price growth.
While challenges remain—especially in sustaining price levels amid this surge—industry experts emphasize that this launch period will likely boost the overall performance of Indian real estate. With increased inventory and enhanced investor confidence, the sector is set to drive further urban development, create employment opportunities, and foster long-term economic stability.
As Q4 unfolds, all eyes will be on the Indian real estate market to see how these launches reshape property trends and contribute to the nation’s economic growth. Stay tuned for more updates on this dynamic and evolving market landscape.
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Ans 1. It indicates that property launches in Q4 FY2024-25 are projected to reach a total value of Rs 60,000 crore, more than doubling last year’s figure, signaling a strong market rebound.
Ans 2. Leading developers like Prestige Estates and Lodha are at the forefront, with Prestige rolling out projects across major cities and Lodha contributing around Rs 7,000 crore in new inventory.
Ans 3. Q4 benefits from seasonal demand and fiscal year-end momentum, ensuring balanced supply and steady price growth, which boosts overall investor confidence.
Ans 4. The surge is driven by a post-election rebound, rising disposable incomes, strong economic outlook, and proactive efforts by top developers to capitalize on renewed market demand.
Ans 5. High launch volumes may lead to market oversupply and price volatility if demand doesn't keep pace, though strong investor confidence could help balance these risks.