Hyderabad is among the two top cities across the country which has shown highest sales growth in housing, with rising demand in this quarter of April to June this year at 21%. The average values of the new and available properties have shown an upward price movement of 7%, said an ‘REA backed PropTiger Report’.
While 74,330 units were sold across the top eight cities in the country this year when compared to 70,620 units sold the previous four months, the sharpest sequential increase in sales was witnessed in end-user driven markets of Hyderabad with 7,910 units purchased this quarter and 6,560 units in the previous quarter.
Ahmedabad occupied the top position at 30% or about 7,249 new houses purchased when compared to 5,550 in the previous quarter, it said. Kolkata took the third position at 13% with 3,220 units purchased this quarter and 2,860 units in the previous quarter.
