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The Times of India
The Times of India
National
Rao Jaswant Singh | TNN

New launches & housing sales go down in Delhi-NCR, says report

NCR Anarock

GURUGRAM: In a major fallout of increased property prices and lending rate hikes, the NCR cities have witnessed a significant decrease in new launches as well as housing sales in this quarter (April to June) as compared to the previous quarter of this calendar year.

As per the latest report of real estate consultants Anarock, there is a decrease of 56% in new launches with 4,070 units launched in the second quarter. At the same time, NCR recorded the second-highest housing sales after Mumbai Metropolitan Region (MMR), with around 15,340 units sold in the second quarter. But there is still a decrease of 19% in sales in NCR over the previous quarter.

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