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Real Estate Prices Plummet by 7% in 2018
April 24, 2018
Real estate prices of unsold houses dropped by around 7% on average in the 9 top cities of India according to PropEquity which is one of the leading real estate analytics firms in the country.
The firm also said that the stock of the unsold housing dropped by 2% to 5,95,074 units during Q1 compared to 6,08,949 units in the previous quarter. Gura
The 9 cities that were taken into consideration are the following: Chennai, Thane, Bengaluru, Hyderabad, Pune, Noida, Gurgaon, Kolkata, and Mumbai. Out of these, Gurgaon saw the sluggish quarter as sales dropped by 60% to mere 1,007 units.
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