Inventory overhang in Indian real estate at record low due to robust sale

The inventory overhang in India's residential real estate market has decreased to 22 months in the June quarter, down from 34 months last year. Cities like Gurugram and Ahmedabad showed significant reductions. Despite a moderation in supply and absorption rates, unsold inventory declined by 2% year-on-year, indicating healthy demand dynamics across key markets.

Sep 30, 2024 - 07:30
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Inventory overhang in Indian real estate at record low due to robust sale
The inventory overhang in India's residential real estate market has decreased to 22 months in the June quarter, down from 34 months last year. Cities like Gurugram and Ahmedabad showed significant reductions. Despite a moderation in supply and absorption rates, unsold inventory declined by 2% year-on-year, indicating healthy demand dynamics across key markets.

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