NEW DELHI, Nov 5: Sales of residential properties across the top eight cities rose slightly to 96,827 units in July-September on strong demand, according to a realty portal Housing.com’s latest report. Housing sales stood at 96,544 units in the year-ago period. A total of 94,419 new housing units were launched across the top eight residential markets during the third quarter of this calendar year, compared to 91,863 units in the corresponding period of the preceding year, Housing.com said in a statement on Wednesday. Praveen Sharma, CEO of REA India, said, “The price rally over the past half-decade has dampened sales in the affordable housing segment, a category vital for the sector’s long-term sustainability and growth”. “While demand and supply in the premium and high-end segm
Housing sales slightly up in Jul-Sep, new supply rises 3 pc across top 8 cities: Report
Daily Excelsior3 hrs ago
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