Amid concerns from developers, builders, and consumers about the recent shifts in the city's real estate market, speculations are emerging regarding the sales of existing stock and the impact of new project launches on inventory levels.
The residential real estate market in Hyderabad experiences steepest quarter-on-quarter (QoQ) decline in housing sales, with a 36 per cent drop in second quarter of 2024.
Chennai stood a far second with 86 per cent growth at 12,530 units in 2021 compared to 6,740 units in 2020, while Bengaluru recorded lowest growth among top seven cities.
Of the total PE investment, the real estate sector claimed 11 per cent share in 2020 with $4,068 million, closing 21 deals during the year," Knight Frank said in a statement.
