According to real estate data analytics firm PropEquity, home sales in Jaipur grew only 5 per cent in 2024 to 10,695 units, but in value terms it grew 39 per cent to Rs 8,388 crore.
In 2023, home sales in the Rajasthan capital stood at 10,187 units, valued at Rs 6,019 crore, data from PropEquity showed.
Sameer Jasuja, founder of PropEquity, attributed the rise in sales value to rising input costs of real estate projects due to increase in land, labour and construction material prices.
Also, developers are launching more premium and luxury housing projects, leading to a rise in sales value.
PropEquity recently released data for 15 major tier-2 cities, where total housing sales grew 4 per cent to 1,78,771 units in 2024 from 1,71,903 units in the previous year.
In terms of value, sales grew 20 per cent from Rs 1,27,505 crore during 2023 to Rs 1,52,552 crore in 2024. These 15 locations are – Ahmedabad, Surat, Vadodara, Gandhinagar, Nashik, Jaipur, Nagpur, Bhubaneshwar, Mohali, Visakhapatnam, Lucknow, Coimbatore, Goa, Bhopal and Trivandrum.
