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Hyderabad, Bengaluru, Chennai see 47% rise in housing sales: PropTiger (Soban News)

Hyderabad, Bengaluru, and Chennai together have seen a 47 per cent increase in sales of residential properties during the July-September period, despite an overall marginal fall in demand across eight major cities, according to PropTiger.
Housing sales in three major southern cities — Hyderabad, Bengaluru, and Chennai — stood at 38,644 units during the September quarter, up 47 per cent from 26,284 units in the year-ago period.
Real estate consultant PropTiger, which has recently been acquired by listed entity Aurum PropTech Ltd, data showed that the sales of residential properties in Hyderabad grew 53 per cent to 17,658 units from 11,564 units.
In Bengaluru, the housing sales rose 18 per cent to 13,124 units from 11,160 units.
Housing sales in Chennai more than doubled to 7,862 units during the July-September period this year from 3,560 units in the corresponding period of the preceding year.
Overall, India’s top-eight primary housing markets (first-sale) saw a 1 per cent declin​Hyderabad, Bengaluru, and Chennai together have seen a 47 per cent increase in sales of residential properties during the July-September period, despite an overall marginal fall in demand across eight major cities, according to PropTiger.
Housing sales in three major southern cities — Hyderabad, Bengaluru, and Chennai — stood at 38,644 units during the September quarter, up 47 per cent from 26,284 units in the year-ago period.
Real estate consultant PropTiger, which has recently been acquired by listed entity Aurum PropTech Ltd, data showed that the sales of residential properties in Hyderabad grew 53 per cent to 17,658 units from 11,564 units.
In Bengaluru, the housing sales rose 18 per cent to 13,124 units from 11,160 units.
Housing sales in Chennai more than doubled to 7,862 units during the July-September period this year from 3,560 units in the corresponding period of the preceding year.
Overall, India’s top-eight primary housing markets (first-sale) saw a 1 per cent declin ​Latest News [ SOBAN NEWS: International and National ]

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