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New housing supply expected to witness 13% drop; sales down 2% y-o-y across top cities

New housing supply expected to witness 13% drop; sales down 2% y-o-y across top cities Hindustan Times

New housing supply is expected to witness a drop of 13% across the top nine cities and sales are expected to fall by 2% in the April to June period compared to the same period last year, a report by PropEquity, a real estate data and analytics firm has said. The nine cities profiled included Delhi-NCR, Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, Navi Mumbai, Pune and Thane.

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