Metros to Mini Metros: Mapping India's Real Estate Revolution | Ep45 | Keeping It Real | Housing.com

Welcome to Keeping It Real by @Housing.com!!!

In this podcast episode, we delve into the evolving landscape of housing prices and affordability in the real estate market.

Explore the thriving landscape of India's real estate market in the first quarter of 2024, where residential property sales skyrocketed to a remarkable Rs 1.11 lakh crore, as per the latest quarterly report from PropTiger.com. In this discussion, industry experts Vikas Wadhawan, CFO REA India, and Business Head at PropTiger.com, along with Ankita Sood, Head of Research at REA India (Housing.com & PropTiger.com), unravel the driving forces behind this unprecedented surge. Vikas analyses the economic implications of the surge, particularly for industries like cement and steel, while Ankita delves into the factors sustaining the growth trajectory in India's primary residential markets. The dominance of major cities such as Mumbai, Hyderabad, Delhi NCR, and Pune in property transactions is highlighted, alongside emerging housing markets beyond these urban centres. Additionally, Ankita sheds light on the growth trends in tier-2 markets and adjoining areas, exploring the factors propelling this expansion and its future implications.

Join us for a comprehensive exploration of the trends shaping India's dynamic real estate sector, offering invaluable insights for investors and stakeholders alike.

Time stamps for the video:
0:00 Introduction
0:11 PropTiger.com report shows that houses worth Rs 1.11 lakh crore were sold during the first quarter of calendar year 2024, marking an impressive 68% increase in value terms.
01:10 Vikas Wadhawan, CFO REA India and Business Head PropTiger.com and Ms. Ankita Sood, Head of Research, Housing.com & PropTiger.com, analyse the trends and delve into market dynamics
01:21 Vikas Wadhawan explains the impact of property buying trends on the broader economy, and what implications they hold for industries like cement and steel that rely on the real estate sector.
05:44 Ankita Sood explains the factors that are driving this robust trend, and analyses its sustainability in the long run
09:00 Vikas Wadhawan analyses the emerging housing markets and property growth hotspots beyond major cities such as Mumbai, Hyderabad, Delhi NCR, and Pune
12:44 Ankita Sood highlights some recent trends from the IRIS index around the growth in tier-2 markets and adjoining areas.



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