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Business Standard-42% of 4.6 lakh homes sold in top Indian cities were fresh launches in 2024

With large and listed developers dominating the new launch housing supply across the top seven cities in India , homebuyers are pressing the 'buy' button in newly launched projects. Over 42% of approximately  460,000 homes sold in 2024 was in newly launched projects - significantly up from pre-pandemic sales share of 26% of 261,000  homes sold in 2019, shows data analsyed by property consulting firm Anarock in its latest report.

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