Q3 housing sales fall 21% in top 9 cities, demand up 25% in NCR: PropEquity

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Q3 housing sales fall 21% in top 9 cities, demand up 25% in NCR: PropEquity - Business Standard

Quick Summary:

Housing sales are estimated to fall 21 per cent annually across nine major cities during October-December period to 1.08 lakh units on high base effect, according to PropEquity.

Real estate data analytics firm PropEquity on Saturday released the sale numbers for India's top nine housing markets -- Delhi-NCR , Mumbai, Navi Mumbai, Kolkata, Bengaluru, Pune, Hyderabad, Chennai, Thane.

As per the data, the total sales of residential properties across the nine cities are likely to decline to 1,08,261 units in the current quarter as against 1,37,225 units in the same period last year.