Collectively, NCR saw new supply of 5,790 units in Q3 2019 as against 4,200 units a year ago and nearly 13,570 units in the preceding quarter of Q2 2019. If we break it city-wise:
Indian real estate sector witnessed nearly 20% decline in sales in seven major cities. However, the prices have been stable as new supply declined by 34% as compared to the same period last year.
Indian real estate sector has been witnessing decline over last few years. However, the latest report suggests that 20% decline in housing sales have been offset by 34% decline in new launches.
Indian Markets are waiting for quarterly results for the next move.
Indian markets witnessed an interesting week and stock indices have been hovering around their all-time high.
Indian real estate sector has witnessed decline in sales and prices have remained stagnant over the last few years.
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