The India Real Estate report H1-2019 by Knight Frank India reports that 111,175 units launched in H1-2019 (21%+). Similarly 129,285 (4%+) units sold. The unsold inventory went down by 9% to 450,263 reducing the quarters to sell to 9.3. Thus, for more information on this India Real Estate report and other findings, please click on the link below.
Chairman, Shishir Baijal says ” While the underlying demand for residential property remains strong and recent trends suggest the beginnings of a recovery in market volumes it is still a long road toward the resurrection of the residential market that is also plagued by macro concerns of economic growth that automobile and other consumer sectors are facing today.”
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