Housing sales dip 11% YoY across top 7 Indian cities in Sept qtr: Report

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Housing sales dip 11% YoY across top 7 Indian cities in Sept qtr: Report - Business Standard

Quick Summary:

However, Anuj Puri, chairman of Anarock Group, stated, “The fact that sales remained higher than launches indicates that the demand-supply equation remains robust.

In terms of segments, luxury houses priced above Rs 1.5 crore accounted for 33 per cent of the total new supply, the highest share, while the affordable segment accounted for about 13 per cent, the lowest share.

The data showed that sales declined from over 120000 units in Q3 2023 to about 107000 units in Q3 2024.