As per the data, housing sales in April-June are estimated to fall at 1,19,901 units as against 1,21,856 units in the year-ago period.
Higher supply of houses on rent has help moderate the rental hike
New supply of affordable homes dipped by as much as 38% in eight major cities in the January-March quarter to touch 33,420 units
NCR’s unsold stock declined from approx. 2 lakh units at Q1 2018-end to approx. 86,420 units by Q1 2024-end
The National Capital Region accounted for the highest Ghost Shopping Centre stock measuring at 5.3 mn sq ft, followed by Mumbai with 2.1 mn sq ft
Bengaluru property price rose 25 per cent YoY in Q1 despite water crisis-led exodus
With housing demand remaining high, developers are prioritising project completions
The data showed that average flat sizes in the top 7 cities rose to 1,300 square feet last year from 1,175 square feet in 2022
Average residential property prices rose in NCR and MMR by 15 per cent each: ANAROCK
Housing sales are having a dream run. Sales rose 22 per cent and new supply increased by 17 per cent year-on-year across eight major cities during the