Housing sales in 30 major tier II cities down 13% in Jul-Sep: PropEquity

Quick Summary:

Housing sales across 30 major tier-II cities fell 13 per cent to 41,871 units during July-September period on higher base effect and drop in new supply, according to PropEquity.

Housing sales fell to 41,871 units in the third quarter of 2024 calendar year as against 47,985 units in the same period last year.

Launches (new supply) fell to 28,980 units in July-September quarter of 2024 from 43,748 units in the same period last year.

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Category: BusinessFinance

Markets: India

Topics: Housing Housing sales down Tier II cities PropEquity Housing Sales

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-21 @ 14:38:47 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 427 words

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