Investor Presentaiton
Indiabulls
Growth Momentum in Residential Real Estate
Sales pick-up
HOUSING FINANCE
Housing sales in top 8 Indian cities recorded a 92% YoY growth in Q3 CY2021. Residential sales in Q3 CY2021
exceeded the pre-pandemic 2019 average quarterly sales by 4%1
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Mumbai and Pune accounted for 40% of the total housing sales in top 8 cities in Q3 CY2021
Housing sales in Hyderabad showed the largest growth of 272% YoY, followed by Bengaluru and Mumbai at 131% YoY and
109% YoY respectively
Housing sales in Q3 of CY2021 recorded strong growth across ticket sizes¹:
Houses in the ticket size of 5 - 10 million [35% of total sales] registered the highest growth at 110% YoY
Houses in the ticket size of >10 million [22% of total sales] registered a growth of 92% YoY
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Houses in the ticket size of <5 million [43% of total sales] registered a growth of 83% YoY
Property registrations in Mumbai set 10-year high records in September and October 20212
Markets such as Chennai, Hyderabad and Kolkata have seen prices increase marginally during the quarter¹
Launches
Residential project launches increased 90% YoY in Q3 of CY2021. Units launched in Q3 CY2021 exceeded the 2019
pre-pandemic quarterly average by 6%¹
Mumbai and Pune accounted for 35% of the total new launches in top 8 cities in Q3 CY2021
New launches in Hyderabad showed the largest growth of 650% YoY, followed by Ahmedabad and NCR region at 193% YoY
and 119% YoY respectively
1: Knight Frank India Real Estate, Q3 CY2021
2. Economic Times, Oct 2021
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