558,000 homes to be completed in 2023 across top 7 cities: Anarock report

NCR's estimated unit completions for CY23 account for 30% of the year's delivery pipeline. Mumbai Metropolitan Region followed NCR with a 24% share

Pratigya Yadav New Delhi
Housing market, Homes, Real estate, Realty

Listen to This Article

While 2022 set a new benchmark in residential sales, calendar year 2023 (CY23) is likely to be a record year for project completions, with developers expected to complete almost 558,000 homes across seven major cities, up 39 per cent over CY22, says a report by Anarock.
In the calendar year 2022 (CY22), around 402,000 units were scheduled to be completed.
Anarock data shows that National Capital Region (NCR), is set to lead the pack with about 170,100 units to be completed in CY23 as against 86,300 units scheduled in the previous calendar year.

Also Read

IBC amendments: Govt reviews proposed changes in real estate insolvencies

Experts see 2023 as a year of smooth sailing for real estate sector

Residential real estate sales to lag commercial in FY23: CRISIL

Indian real estate saw foreign inflows of $26.6 billion between 2017-22

Govt proposes panel of consumer forum, RERA to address realty issues

No form, ID needed to exchange Rs 2,000 currency note: State Bank of India

Pink wads crawl out of woodwork amid the rush to dump Rs 2,000 notes

Formal job creation up second year on trot, hits 4-yr high, shows EPFO data

Half a dozen stalled refinery expansion plans come under PMO radar

India plans start-up exchange programme with Nepal, Bangladesh, Bhutan

First Published: May 21 2023 | 9:13 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers. Already a BS Premium subscriber?LOGIN NOW

Register to