Housing prices drop 7% in nine major cities in January-March

Apr 20, 2018, 12:57 PM IST
GPlus

Home prices came under pressure in the last quarter after developers cut property rates to boost their sluggish sales, according to real estate research and analytics firm PropEquity.

 

 

 

1/5

Unsold stock fell 2% to over 5.95 lakh units during March quarter.

 

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2/5

Over 6.08 lakh units were unsold in December quarter.

 

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3/5

12% rise in housing sales in Mumbai to 4,197 units.

 

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4/5

45% jump in housing sales in Bengaluru to 8,349 units.

 

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Chennai saw 71% rise to 3,101 units.

 

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