 "Housing market, Homes, Real estate, Realty")
India witnessed a drop of 7 per cent in home sales in the second quarter, with only 84,930 units sold in Q2 against 99,550 in Q1, shows a report released by PropEquity, a real estate data, research and analytics firm. The report captures trends in nine tier 1 cities including Gurugram, Noida, Mumbai, Thane, Bengaluru, Chennai, Kolkata, Hyderabad and Pune.
Drop in sales
A drop of sales of 7 per cent in a sequential quarter (Q2 vs Q1) of 2022 is witnessed as developers across cities focussed on clearing earlier launched inventories. Sales have also been hit as home loan
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