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Mumbai's unsold luxury stock rises 36%
Galaxy News
|02-06-2025
Y-o-Y in Q1 '25, 1st time since 2022
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Mumbai's unsold luxury stock saw a rise of 36 per cent year-on-year during the first quarter of 2025 calendar year, a first since 2022, due to ample supply of new additions in the segment of units more than Rs 2.5 crore, shooting prices and global economic slowdown, according to a report by Anarock.
As many as 8,420 luxury units priced over Rs 2.5 crore were unsold in the city in Q1 2025, compared to 6,180 units unsold during the corresponding period the previous year.
This story is from the 02-06-2025 edition of Galaxy News.
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