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Residential sales dip to lowest since Jan 2023 amid West Asia war, impacting buyer sentiment
Residential sales in India experienced a significant dip in April-June, reaching the lowest point since early 2023. Geopolitical tensions and supply chain issues are cited as key factors dampening buyer sentiment. Despite an overall decline, premium housing segments and specific cities like Bengaluru and MMR showed resilience, with new launches increasing year-on-year, though quarterly supply saw a drop.
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economictimes.indiatimes.com
Residential sales dip to lowest since Jan 2023 amid West Asia war, impacting buyer sentiment
Residential sales in India experienced a significant dip in April-June, reaching the lowest point since early 2023. Geopolitical tensions and supply chain issues are cited as key…
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thehindubusinessline.com
Housing sales fall 6% across major Indian cities amid price rise
Housing sales in seven major Indian cities fell 6% in Q2 amid weak demand and higher prices, while new launches rose 7%, Anarock data shows.
