NEW HOME SALES in NCR increase by 6% in Q2 2024

While the housing sales are down in other metro cities, NCR is only city to see 6 percent increase in housing sales, according to latest report by real estate consultants Anarock. Not just this, NCR also saw a whopping 134% increase in new launches against Q1 2024, with approximately 17,030 units launched in Q2 2024. A major share – 82% – of the new launches in second quarter this year were in the luxury segments priced over INR 1.5 crore. As per the report, available inventory in top 7 cities sees 1% quarterly decline & 6% yearly fall despite addition of new supply and NCR witnessed highest yearly decline of 22%.