According to PropEquity, new housing launches and sales in top nine cities fell 11% and 18% respectively in Q3 2024. Hyderabad and Navi Mumbai saw a decline in apartment supply and absorption.
Indian Real Estate MarketHousing SalesNew LaunchesPropequityNcrReal Estate PuneSep 20, 2024
New housing launches fell 11% in Q3 2024 compared to the same period last year.
NCR, Mumbai, and Thane saw a rise in new supply at 221%, 18%, and 11% respectively.
Sales in Hyderabad fell 42% in Q3 2024 compared to the same period last year.
PropEquity is a leading real estate data analytics firm that tracks housing supply and absorption data in major Indian cities.
Sales fell 18% in Q3 2024 compared to the same period last year.
India's real estate sector is witnessing a significant growth in institutional investments, driven by the rising demand for warehousing and residential projects
Red Fox IT Infra LLP, a subsidiary of Redbrick Offices, buys 22 office spaces in Mumbai's Andheri for ₹267 crore.
As the earnings season kicks off, six prominent companies are set to release their Q2 results next week. These companies span various sectors, including real estate, financial services, and IT. Investors are eagerly anticipating the financial performance
The National Institute of Electronics & Information Technology (NIELIT) and the Maharashtra State Board of Technical Education (MSBTE) have signed a Memorandum of Understanding (MoU) to foster collaboration and enhance the quality of technical education a
Godrej Properties, a leading real estate developer, has bought 24 acres of land in Indore for Rs 200 crore to develop premium housing plots. This acquisition is part of the company's strategy to expand its presence in tier II-III cities amid strong demand
Brookfield and the Maharashtra government have signed an MoU to invest Rs 1.03 lakh crore in Mumbai's infrastructure. The funds will be used for developing residential and commercial real estate, as well as 'Global Capability Centres'—offshore offices of