Major cities across India will see some changes in real estate sector and in real estate rentals (for both commercial and residential real estate) after COVID-19.

Dombivli, Panvel, Gurgaon, Badlapur, Mahalunge are among the most Active Real Estate Markets in India in terms of number of new units launched by developers.

Indian real estate sector is showing strength in select regions and developers are very cautious about new project launches.

Indian real estate sector has witnessed decline in sales and prices have remained stagnant over the last few years.

Chennai remained the most expensive real estate market in South India. Among major cities Chennai, Hyderabad, and Bangalore, the price of real estate has firmed up in several posh locations.

Along with the resale homes market, luxury housing took the hardest hit after demonetization. The Government’s continued focus on affordable housing coupled with the surgical strike on high-value currency denominations in November 2016 took the sheen off luxury housing for two years in a row. As a result, developers restricted new supply in the luxury category across the top 7 cities.

However, ANAROCK's most recent research indicates that while the affordable and mid-segment housing sectors continued to dominate the overall supply in H1 2019, luxury and ultra-luxury housing also saw a resurgence.