Housing sales fall 11% during July-September in 7 major cities
Anarock data showed the fall in sales of residential properties in July-September to 1,07,060 units from 1,20,290 units in the year-ago period.
Anarock data showed the fall in sales of residential properties in July-September to 1,07,060 units from 1,20,290 units in the year-ago period.
The nine major cities include Mumbai, Delhi NCR, Bengaluru, Chennai, Hyderabad, Kolkata, Pune, Navi Mumbai and Thane, the report highlighted.
The study by the real estate consultancy firm, Anarock, said that approximately 6,400 new residential units were launched between July and September 2022. In comparison to the previous quarter, new launches grew by 57 per cent but saw a 24 per cent decline on a YoY basis.
Sales in Delhi-NCR increased to 46,920 units from 44,300 units, while sales in Chennai rose by 4 per cent to 11,820 units from 11,340.
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