Housing sales up in 2018 in 9 major cities, but new supply falls 22%; Here's why
The realty sector is currently on the upswing, primarily for ready-to-move housing units or the projects that are nearing competition due to low-risk factors attached to them, he added. "2019 is going to be a watershed moment for the Indian real estate sector. We are witnessing solid demand for ready-to-move and nearing completion projects, which primarily cater to end-users," Jasuja said.
According to the data, Bengaluru saw 19 per rise in sales to 38,525 units during 2018, while sales in Chennai grew by 40 per cent to 14,920 units. Representational Image source: Reuters