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Real estate market in India's top nine cities sees 9% decline in sales
The residential real estate market in India's top 9 cities experienced a 9% decline in sales and a 15% drop in new supply in 2024, according to PropEquity. Despite the declines, the supply and absorption ratio remained stable, indicating strong fundamentals. Hyderabad witnessed the highest decline, while Delhi-NCR saw notable growth.
The residential real estate market in India's top 9 cities experienced a 9% decline in sales and a 15% drop in new supply in 2024, according to PropEquity. Despite the declines, the supply and absorption ratio remained stable, indicating strong fundamentals. Hyderabad witnessed the highest decline, while Delhi-NCR saw notable growth.
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