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The Economic Times — Marketseconomictimes.indiatimes.com

Housing sales rise 19% in Apr-Jun across 9 cities despite global uncertainties (opens original article in a new tab)

TL;DR

Housing sales in India's nine major cities rose 19% in April-June despite global uncertainties, with new supply increasing 43% annually, driven by strong domestic demand and infrastructure development.

  • Housing sales rose 19% to 1,12,458 units in nine Indian cities during April-June
  • New residential property supply increased 43% annually to 1,17,609 units
  • Bengaluru, Chennai, Hyderabad, Mumbai, and Navi Mumbai saw significant sales growth, while Delhi-NCR and Kolkata experienced declines
  • Market leaders cited resilience due to strong domestic demand, infrastructure, and policy support

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