According to JLL, the time to sell active unsold housing inventory in India's top seven cities—Delhi NCR, Mumbai, Pune, Bengaluru, Chennai, Hyderabad, and Kolkata—has dropped 31%. Due to rising home demand, inventory liquidation took 22 months in Q1 2024, down from 32 months in 2019.

DLF sells 4.67 acres of excellent Chennai property to Cholamandalam Finance for Rs 735 crore, one of Chennai's largest real estate land deals in Chennai.

The Chennai real estate market has faced unprecedented challenges, according to the September 2023 CREDAI RAW Report. CREDAI Chennai's report covers sales, residential projects, and registration fee increases.

An Anarock report found that sales of high-end properties in the cities of Delhi-NCR, Chennai, and Bangalore increased by over twofold in 2023.