Pune's property registrations dropped 11% in November, affected by higher prices and tighter loans.

Pune's property registrations fell 11% in November 2024 to 13,371 units, down from 14,988 units in November 2023, according to Knight Frank India. Despite strong demand, the decline was attributed to higher property prices, tightening lending standards, and the festive season. Experts say the drop is not a sign of weakness but likely due to high previous year sales and evolving market conditions.

4 months ago
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