etnownews.com-Real Estate News: Housing sales fall 9%, new supply declines 15% in top 9 cities in 2024
Real Estate News , Real Estate in India, Real Estate Market , Housing Sales : The residential real estate market in India’s top 9 cities has witnessed a marginal decline of 9 per cent in sales at 4,70,899 units while new supply fell by 15% to 4,11,022 units in 2024 on the back of two quarters of under-activity due to General Elections and Monsoon.
According to a report by NSE-listed real estate data analytics firm PropEquity, the number of units sold in 2023 stood at 5,14,820 units while the number of units launched in 2023 stood at 4,81,724 units.
