Real Estate Update: Housing sales drop 9%, new supply shrinks 15% in 2024’s top 9 cities.
India's real estate sector, Real Estate Market: As per a report by NSE-listed property data analytics company PropEquity, a total of 5,14,820 units were sold in 2023, while 4,81,724 new units were introduced during the same year.
Real Estate Update | Indian Property Market | Housing Sales: India’s top 9 cities saw a slight 9% dip in residential property sales, totaling 4,70,899 units, while new project launches declined by 15% to 4,11,022 units in 2024. This slowdown was influenced by two quarters of reduced activity due to the General Elections and Monsoon.
As per a report by NSE-listed real estate analytics firm PropEquity, 5,14,820 units were sold in 2023, whereas 4,81,724 new units were introduced during the same period.
Related posts:
The Baltana Railway Underbridge is nearing final approval & marking a major breakthrough for commuters. With funding cleared and plans in place the project is set to deliver safer travel, reduced congestion and smoother connectivity for the region.
Mohali has officially widened its Municipal Corporation boundaries, bringing major sectors, Web City pockets, and key developing areas under MC governance. With improved civic services, stronger infrastructure, and faster approvals, this expansion marks a major boost for residents and the...
Big Progress: Baltana Railway Underbridge Nears Final Approval
Mohali Expands Big: New Areas Officially Join Municipal Corporation
Why Homebuyers Can’t Stop Choosing Chandigarh
Game Changing Move: Punjab Rolls Out Easy Registry Initiative for Hassle Free Property Work
Big Relief for Flyers: Mohali’s New Airport Road to Open by Year End
Add Property