Residential launches decline 11% in first half of 2024: Report

India's residential real estate market saw a 55% rise in new launches to 159,455 units in H1 2024, with major cities like Bengaluru, Mumbai, Delhi NCR, and Hyderabad leading the surge. In contrast, Kolkata experienced an 11% decline. Overall, residential prices in top cities increased by 5% to 20%.