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Housing sales in India's major cities are predicted to fall by 21% this quarter, varying by city.
Housing sales in India's top nine cities are forecast to drop by 21% to 108,261 units in the October-December 2024 quarter, down from 137,225 units last year, due to high base effects.
Hyderabad faces the biggest decline at 47%, while Delhi-NCR is expected to see a 25% rise in sales due to festive demand.
Despite the overall decline, the supply-to-absorption ratio remains stable, indicating a healthy real estate market.
4 months ago
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