Housing sales jump 19%, new supply soars 43¬ross top 9 cities despite global uncertainty: Report
India's real estate sector is experiencing impressive momentum, marked by a 19% increase in sales during the April-June quarter, amounting to over 1.12 lakh units in nine major cities. New construction supply has also jumped by 43%. Bengaluru is at the forefront, showcasing excellent sales results, while southern regions and Mumbai reflect solid demand. The sector's strength lies in unwavering economic fundamentals and strong consumer confidence, despite global challenges.
India's real estate sector is experiencing impressive momentum, marked by a 19% increase in sales during the April-June quarter, amounting to over 1.12 lakh units in nine major cities. New construction supply has also jumped by 43%. Bengaluru is at the forefront, showcasing excellent sales results, while southern regions and Mumbai reflect solid demand. The sector's strength lies in unwavering economic fundamentals and strong consumer confidence, despite global challenges.
