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Unsold real estate inventory hits 2-year low in fourth quarter of 2018

Updated : January 17, 2019 01:36 PM IST

The Demonetisation effect in late 2016 had pushed up unsold inventory to 47 months in Q4 2017 from 40 months in Q4 2016. An inventory overhang of 18-24 months signifies a fairly healthy market.
GST on under-construction properties was a major hurdle in 2018, dissuading buyers from purchasing properties that fell under its gambit.
Builders submitted to consumer demand and offered more property options in the affordable segment, along with an overall reduction in average property sizes across segments, to fit the affordability quotient.
Unsold real estate inventory hits 2-year low in fourth quarter of 2018
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