Anarock: NCR and MMR House prices raised up to 49%

08 Jul 2024 CW Team

According to data from Anarock, average residential prices in the National Capital Region (NCR) and Mumbai Metropolitan Region (MMR) have surged by 49% over the past five years. NCR saw a 49% increase in average residential prices from Rs 4,565 per sq ft in H1 2019 to Rs 6,800 per sq ft in H1 2024, while MMR experienced a 48% rise from Rs 10,610 per sq ft to Rs 15,650 per sq ft during the same period.

Anuj Puri, chairman of Anarock Group, noted that NCR, previously known for its high unsold inventory driven by speculative demand and supply, has reduced its unsold stock by over 52% in the past five years?from approximately 1.82 lakh units at the end of H1 2019 to around 86,900 units by the end of H1 2024. The inventory overhang in NCR decreased to 16 months in H1 2024 from 44 months in H1 2019. This improvement was largely due to a conscious reduction in fresh supply, with only about 1.72 lakh units launched in NCR between H1 2019 and H1 2024.

In contrast, MMR currently has approximately 1.95 lakh units of available stock. Over the past five years, the region has seen a 13% decline in its unsold inventory, driven by significant new launches to meet rising demand. MMR saw over 5.26 lakh units launched between H1 2019 and H1 2024, three times the new supply in NCR during this period. The inventory overhang in MMR decreased to 14 months by the end of H1 2024 from 34 months at the end of H1 2019.

Infrastructure Urban

09 Apr 2026

Mineral Auction Rules Amended To Speed Mine Operationalisation

The Ministry of Mines notified the Mineral (Auction) Second Amendment Rules, 2026 on 30 March 2026 to accelerate operationalisation of mines and improve ease of doing business in the mining sector. The amendment follows a prior change to the Mineral (Auction) Rules, 2015 effected on 17 October 2025 that introduced intermediary timelines between issuance of a letter of intent (LoI) and execution of the mining lease. The 2025 change provided that one per cent of performance security would be appropriated for each month of delay by the preferred bidder and introduced incentives for early operatio..

Indian Railways Strengthens Telecom And AI Safety Systems

Indian Railways strengthened its telecom and digital infrastructure during 2025-26 with the aim of improving safety, operational efficiency and the passenger experience. The programme promoted modernisation through advanced technologies, robust communication systems and passenger-centric solutions. These measures were presented as part of a drive to build a digitally integrated rail ecosystem. A key development was the enhancement of the Internet Protocol Multi-Protocol Label Switching (IP MPLS) backbone, commissioned at 1,396 stations to meet bandwidth needs of mission-critical applications. ..

NHAI Holds Workshop on Litigation Management and Coordination

The National Highways Authority of India (NHAI) organised a day-long workshop in New Delhi to strengthen capacity and interdepartmental synergy for faster execution of national highway projects. The event was held under Mission Karmayogi – Sadhana Saptah, an initiative of the Government of India to enhance governance through capacity building and improved processes. The workshop focused on structured and solution oriented deliberations to address implementation constraints. The session was chaired by the NHAI chairman Santosh Kumar Yadav and brought together senior officials from NHAI, the M..