Mumbai Metropolitan Region emerged as the leader with 19% increase in sales during the quarter, showed data from Liases Foras Real Estate Rating & Research. Total sales in key markets including Mumbai, National Capital Region (NCR), Bangalore, Pune, Chennai and Hyderabad was 64,781 units during the quarter of July to September, marginally down from 64,881 in the previous quarter. MMR contributed highest sales 28%, in the affordable housing segment with 3,388 units, followed by Ahmedabad at 24% with 2,903 units. The affordable segment contributed to 19% of the overall sales as compared to 17% in the previous quarter. Hyderabad and NCR witnessed a (-5%) decline followed by Ahmedabad & Bangalore at (-3%).

Source: dna December 02, 2017 17:42 UTC