homereal estate NewsIndia's top 7 cities register record housing sales in 2022 at nearly 3.65 lakh units

India's top 7 cities register record housing sales in 2022 at nearly 3.65 lakh units

India's top 7 cities register record housing sales in 2022 at nearly 3.65 lakh units
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By PTI Dec 27, 2022 2:11:47 PM IST (Published)

Releasing the demand-supply data of India's top residential primary (fresh sale) markets, property consultant Anarock said that the housing sales rose 54 percent this year to 3,64,900 units as against 2,36,500 units in 2021 across the seven cities — Delhi-NCR, Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune.

Housing sales hit an all-time high this year to nearly 3.65 lakh units across seven major cities, beating the previous high of 2014, on strong demand for residential properties despite a hike in mortgage rates, according to Anarock.

The prices of residential properties have risen in the range of 4-7 percent primarily due to an increase in the input costs and demand comeback post-COVID, it said.
Releasing the demand-supply data of India's top residential primary (fresh sale) markets, property consultant Anarock said that the housing sales rose 54 percent this year to 3,64,900 units as against 2,36,500 units in 2021 across the seven cities — Delhi-NCR, Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune.
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