Jul-Sept housing sales dip 18% in top 9 cities
The Morning Standard|September 21, 2024
IN a not so positive development for India's burgeoning real estate sector, new housing launches and sales in the third quarter (July-September) of Calendar Year 2024 in top 9 cities is seen falling 11% and 18% respectively, according to a data by real estate data analytics firm PropEquity.
Jul-Sept housing sales dip 18% in top 9 cities

The data revealed that new launches in the July-September quarter of CY 2024 fell to 93,693 units from 1,05,655 units in the same period last year while sales fell to 1,04,393 units in Q3 CY2024 from 1,26,848 units in the same period last year.

PropEquity tracks housing supply and absorption data in NCR, Mumbai, Navi Mumbai, Thane, Pune, Bengaluru, Hyderabad, Chennai and Kolkata.

This story is from the September 21, 2024 edition of The Morning Standard.

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This story is from the September 21, 2024 edition of The Morning Standard.

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