Developers are sitting on unsold inventory worth Rs 3,700 billion.
The year 2019 has been a tale of hope and despair simultaneously for the real estate sector. While it witnessed the successful launch of India’s first REIT
Residential unit launches in H1 2019 increased by 21 per cent YoY to 0.11 mn units while sales grew by a steady 4 per cent YoY to 0.13 mn units. The residential market witnessed growth in supply as well as sales for the third consecutive half year period, both hitting their highest level since demon..
Knight Frank India has launched the 10th edition of its flagship half-yearly report – India Real Estate. The report presents a comprehensive analysis of the residential (across eight cities) and office (across seven cities) market performance for the period July-December 2018 (H2 2018).