Housing sales up 11% in FY24 in top 30 Tier-II cities: PropEquity

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Housing sales up 11% in FY24 in top 30 Tier-II cities: PropEquity - Business Standard

Quick Summary:

Rise in housing demand is not restricted to major cities as sales of residential properties rose 11 per cent last fiscal across 30 Tier II towns to nearly 2.08 lakh units, according to PropEquity.

Top 10 Tier II cities -- Ahmedabad, Vadodara, Surat, Nashik, Gandhi Nagar, Jaipur, Nagpur, Bhubaneshwar, Visakhapatnam and Mohali-- contributed 80 per cent to the total sales in 30 small towns.

Real estate data analytic firm PropEquity on Friday released a report on Tier II cities' housing market.