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Housing unit launches in top 9 cities dip 34% to 81K in Jan-Mar: PropEquity

Business Standard LogoBusiness Standard2d ago

Housing unit launches in top 9 cities dip 34% to 81K in Jan-Mar: PropEquity - Business Standard

Quick Summary:

New supply of housing properties in India's top-9 cities declined 34 per cent to 80,774 units during January-March period, according to PropEquity.

As per the data, new housing supply in Bengaluru increased 17 per cent to 20,227 units in January-March from 17,303 units in the year-ago period.

However, in Chennai, the fresh supply fell 46 per cent to 3,946 units from 7,259 units.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-30 @ 16:53:30 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 691 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27436430

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 278 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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