Housing launch and sales during July-September quarter in top 9 cities have declined by 11% and 18% respectively, according to a data by real estate data analytics firm PropEquity. The NSE-listed firm said that new launches in the quarter fell to 93,693 units from 1,05,655 units in the same period last year while sales fell…
READ MOREThe tier I residential real estate inventory stock of the top eight cities across India remains at comfortable level compared to historical levels and the quarter-to-sales ratio is at moderate levels of 11 compared to the past six yearsβ high of 13 in 2018-19, said India Ratings & Research (Ind-Ra).The ratings agency, based on the…
READ MOREReal estate developers in India are leveraging the strong housing demand to clear their existing stocks, reducing the overhang of unsold properties that had been a concern in previous years.A healthier balance between demand and supply has also stabilised the market.Residential property markets in the top seven cities – Mumbai, Delhi-NCR, Pune, Bengaluru, Chennai, Hyderabad…
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