Hindustan Times-Bengaluru residential property registration falls 8% y-o-y between July-September 2024 to 25,259 housing units
Bengaluru housing market witnessed an 8% decline in registrations in the July-September 2024 quarter recording 25,259 residential units with the Inspector General of Registration (IGR), according to data shared by proptech platform Square Yards on November 13.
Bengaluru residential real estate saw a dip of 8 pc (YoY), sold houses worth ₹15,739 crore, it showed.
While the number of transactions saw a year-on-year decrease of 8%, the sales value of the properties marked a 15% decline from the ₹18,505 crore recorded in the July-September quarter of the previous year, the analysis showed.
