'Housing sales rises 19% in Apr-Jun across 9 cities'
India, June 26 -- Housing sales rose 19 per cent to 1,12,458 units during April-June across the top nine cities despite global economic uncertainties, according to PropEquity. Sales stood at 94,864 units in the year-ago period across the nine cities - Mumbai, Navi Mumbai, Thane, Delhi-NCR, Bengaluru, Hyderabad, Chennai, Pune and Kolkata.
New supply of residential properties rose 43 per cent annually to 1,17,609 units during the April-June period.
PropEquity founder and CEO Samir Jasuja said, "The Indian housing market has remained resilient despite the geopolitical uncertainties in the Middle East. Southern markets continue to lead growth, while Mumbai and Navi Mumbai have also seen strong demand. Although some regions such as Thane and...
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