Housing sales get this big boost

ZeeBiz WebTeam | Jan 14, 2019, 08:23 PM IST

Increased demand for flats, especially projects nearing completion, coupled with a focus on executing previously launched projects fuelled an upstick in housing demand, according to data analytic firm PropEquity.

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7% rise in housing sales at 2.15 lakh units in 2018 across nine major cities    Image source: PTI

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22% drop in new housing launches to 1.46 lakh units    Image source: PTI

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1.87 lakh new housing units launched in 2017​   Image source: PTI

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10% decline in unsold stocks due to higher sales and fall in new supply    Image source: PTI

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19% rise in housing sales in Bengaluru to 38,525 units last year   Image source: Reuters

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9% jump in Mumbai at 22.413 units   Image source: Reuters

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16% increase in Pune at 49,706 units    Image source: Reuters