News18.com-Housing Sales in Tier 2 Cities Decline 13% during July-September, Launches Fall 34%
In line with the trends seen in tier 1 cities, housing sales in top-30 tier-2 cities fell by 13 per cent in the July-September 2024 quarter and new launches declined 34 per cent, according to a report by NSE-listed real estate data analytics firm PropEquity.
Housing sales fell to 41,871 units in Q3 2024 against 47,985 units in the same period last year while launches fell to 28,980 units in July-September quarter of 2024 from 43,748 units in the same period last year, the report said.
The west zone comprising Ahmedabad, Vadodara, Gandhinagar, Surat, Goa, Nashik and Nagpur, contributed 72 per cent to the total sales.
