"Collective revenues in third quarter of fiscal 2020 stood at a little less than Rs 5,800 crore, increasing 4 percent on a quarterly basis and 2 percent in a year," the report by Anarock said.
Bengaluru and Hyderabad witnessed 33% increase in sales at 15,580 units and 5,400 units, respectively.
Sale of residential units increased in six cities -- Delhi-NCR, Mumbai, Bengaluru, Chennai, Hyderabad and Ahmedabad; but declined in two cities -- Kolkata and Pune.
During 2018, housing supply rose by 32 percent to 1.93 lakh units in the seven cities -- Delhi-NCR, Mumbai, Chennai, Kolkata, Bengaluru, Hyderabad and Pune.
Property consultant ANAROCK in its latest report said housing sales in Delhi-NCR during March quarter stood at 9,100 units. However, the sales were marginally down from 11,450 units in the corresponding period of the previous year.
Sales declined to 2,18,500 units last year in nine cities -- Gurgaon, Noida, Mumbai, Bengaluru, Chennai, Kolkata, Pune, Hyderabad and Ahmedabad -- against 2,63,500 units in 2016, the News Corp-backed PropTiger said in its report.
Housing sales rose marginally by 2 percent during April-June quarter at 31,539 units in eight major cities as real estate sector continued to remain slow, according to PropEquity
Housing sales stood at 28,472 units during the October- December quarter in eight major cities-- Gurugram, Noida, Mumbai, Kolkata, Hyderabad, Bengaluru, Pune and Chennai-- according to PropEquity, a real estate data, research and analytics firm. On supply, the report said that launches of new homes dipped 19.46 per cent in the first quarter of 2017 to 22,897 units from 28,428 units in the previous quarter.
Chief economist of Knight Frank India Samantak Das said that the decline had been mainly due to a halt in cash transactions post-demonetisation on purchase of properties.
According to an analyst presentation, the net debt of DLF -- the country's largest real estate firm -- increased to Rs 23,140 crore at the end of July-September quarter of 2016-17, from Rs 22,120 crore in the previous quarter.
As many as 42,461 units were sold in the second quarter this year in Gurgaon, NOIDA, Mumbai, Kolkata, Hyderabad, Bengaluru, Pune, Chennai.
Sales, however, fell by 1 percent from 55,500 units in the previous quarter in nine cities - Mumbai, Kolkata, Chennai, Hyderabad, Bengaluru, Ahmedabad, Gurgaon, Noida and Pune.
Let’s start with a basic premise â€“ that job creation leads to greater office space absorption, which in turn leads to housing revival. However, across the country, the recent uptake in office space has R
Housing sales fell by 1-2 per cent in the seven major cities during the first half of this year, while supply increased by 10 per cent over the preceding six months, according to property consultant CBRE.
Showing signs of revival, housing sales rose by 7 percent in the country's eight major cities at 1.35 lakh units during January-June period of this year leading to a decline in unsold inventories, according to real estate consultant Knight Frank India
Real estate industry bodies said housing sales are expected to improve following implementation of 7th Pay Commission recommendations as prices have fallen in last few years because of slowdown in the property market
Property consultant JLL India in its monthly report said housing sales in January-March period of 2016 rose by 9 percent over the previous quarter.
In its latest report 'India Residential, H2 2015', CBRE said residential demand remained sluggish with housing sales dipping by around 17 percent compared to the first half of 2015.
The unsold inventories have declined marginally to 6.91 lakh units from nearly 7.15 lakh units in 2014. Developers would take more than 2.5 years to exhaust this unsold stock.
Experts said the the housing sales have remained flat this year despite 15-20 per cent fall in prices and multiple interest rate cuts, while a glut continued in the market because of investors still sitting on old inventories.
Housing sales to grow at slower pace this festive season: JLL
The absorption in Greater Noida rose almost four times compared to the same period in 2012 suggesting a strong demand for affordable options. Absorption levels dipped in both Gurgaon and Noida, largely due to increasing unaffordability of housing options available in these markets.
Housing sales have declined by 16 per cent to nearly 2.10 lakh units during 2012 in the top six cities as high property prices and costlier home loan affected demand, property consultant Knight Frank said in a report.