Residential real estate market: Buyers need to act before prices move up

Higher sales and lower launches are reducing inventory overhang

Sanjay Kumar Singh 

Benefit from a market in correction mode According to a report from PropTiger, sales grew by more than 35 per cent (aggregate of top nine markets) year-on-year in the January-March quarter Launches were down 60 per cent in this quarter compared to the corresponding quarter of FY17. Launches increased only in Bengaluru and Kolkata Higher sales and lower launches are reducing inventory overhang Prices moved up in single digit in most cities.

Mumbai and Pune saw double-digit price growth. Noida and Gurugram saw price correction Investors who have been ...

First Published: Sun, May 06 2018. 20:26 IST