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On the residential new supply front, realtors launched 113,770 units, an increase of 11% compared to 102,140 in the April-June quarter of 2022. Mumbai has been the frontrunner in terms of new supply, followed by Pune and Ahmedabad.
City is witnessing heavy showers on Wednesday
Bengaluru saw a 19 percent decline in sales, at 6,790 units, from 8,350 units, while Chennai witnessed a 5 percent fall to 3,050 units from 3,210 units. Housing sales in Delhi NCR fell 28 percent to 3,230 units from 4,510 units.
Housing sales rose 8% annually during the April-June period to 80,250 units across eight major cities, mainly on increased demand in Mumbai and Pune, according to PropTiger. Sales stood at 74,320 units in the year-ago period across primary (fresh sales) residential markets of the top eight cities.
Housing sales rose 8 per cent annually during the April-June period to 80,250 units across eight major cities, mainly on increased demand in Mumbai and Pune, according to PropTiger. Sales stood at 74,320 units in the year-ago period across primary (fresh sales) residential markets of the top eight cities. The housing brokerage firm on Wednesday released its Real Insight Residential - April-June 2023 report, stating that housing sales rose in three cities Mumbai, Pune and Ahmedabad but declined in other five major cities -- Delhi-NCR, Bengaluru, Hyderabad, Chennai and Kolkata.