News articles tagged Unsold Inventory

Chennai's Unsold Housing Inventory Rises 8% in H2 2024: Market Resilience Amid Challenges

Despite an 8% year-on-year increase to 16,729 units in H2 2024, Chennai's housing market maintains healthy sales velocity, indicated by a 4.3-quarters QTS metric. Developers refocus on affordable mid-range projects amid stable demand but slower absorption rates compared to competitive metro markets.

Nashik’s Housing Market Shows 22% Surge in Apartment Sales Amid Supply Decline

Nashik’s apartment sales jump 22% to 8,583 units in 2024, defying a 30% supply drop. Reduced unsold inventory reflects strong buyer demand in this growing market.

Delhi NCR Notify New Household Projects

Delhi NCR's realty market faced ambiguity due to debt procedures. Faridabad led new project additions, followed by Gurgaon and Greater Noida. Delayed housing units further impacted sales.

Sales of Residential Property in top 8 eight cities lifts

Residential real estate markets in top eight Indian cities show improved sales and decreased unsold inventory, except for NCR which still struggles with a high volume of unsold units.

Residential launches of Pune down by 32%.even as stock pressure eases: Knight Frank

Pune's new residential launches decreased by 32% in H1 2016 compared to H1 2015, while unsold inventory reached a 5-year low. Office space transactions also slowed down due to lack of new supply.

Unsold apartments in Mumbai are of 23 crore

Unsold luxury apartments in Mumbai reach 2,300 units, with prices ranging from Rs 10 crore to Rs 23 crore, as developers adjust to consumer demand.

Salarpuria Sattva Group eyeing to enter Coimbatore real estate market

Salarpuria Sattva Group ventures into Coimbatore's real estate market, focusing on affordable housing between the railway station and airport, amidst industry growth and unsold inventory.

Home Prices Sees Rise Despite Weak Home Sales

Mumbai's residential property prices have increased by 2.9% to Rs. 11,626 per sq. ft. However, property sales have slowed down, with only a marginal increase of 1%.

No Property Buyers, Realty Developers Troubled

Soaring property prices deter buyers, leaving developers with unsold inventory and financial struggles. Major cities face declining sales, impacting developers like Mantri Realty.

NCR Residential Market Hit by Delayed Projects

Project delays plague NCR's residential market, causing a 31% drop in new launches and leaving 140,000 unsold units, impacting homebuyers and developers.

Delhi: Homes Sells Faster Than Mumbai

Mumbai faces longer sales times for its 1.13 lakh unsold units due to high prices, despite having fewer unsold units than Delhi NCR. Rate cuts by RBI could boost sales.