India records dip in housing sales in April-June period: Report
In the January-March period, a total of 1,30,370 units were sold as compared to 1,20,340 homes sold in the April-June quarter. This was a dip of 8%.
In the January-March period, a total of 1,30,370 units were sold as compared to 1,20,340 homes sold in the April-June quarter. This was a dip of 8%.
According to real estate consultancy Knight Frank, the sale of these units was 39% in the previous quarter. The share of such homes in total sales has been increasing each quarter.
Cities, including Mumbai metropolitan region (MMR), NCR, Bengaluru, Chennai, Hyderabad, Kolkata, and Pune saw homes worth Rs 1,55,833 crore sold in the first half of FY23, rising yearly by 119 per cent. The overall value of units sold in the corresponding period of FY22 was nearly Rs 71,295 crore, said a research by real estate consultancy firm Anarock.
