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Housing sales likely to fall 21% in Oct-Dec quarter

The New Indian Express Tirunelveli

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December 22, 2024

IN a not so positive development for the real estate sector, housing supply in top 9 cities is expected to decline 33% and housing sales to come down by 21% in the October-December period of CY2024 (Q4CY24), said real estate consultancy firm PropEquity on Saturday.

- ENS ECONOMIC BUREAU @ New Delhi

Housing sales declined to 108,261 units in Q4CY24 as against 137,225 units in the same period last year. However, sales rose 5% in Q4CY24 from 103,213 units in Q3CY24 (July-September).

Housing supply fell to 85,765 units in Q4CY24 as against 127,936 units in the same period last year. However, supply rose 7% in Q4CY24 from 80,284 units in Q3CY24.

The top nine cities include Bengaluru, Hyderabad, Chennai, Kolkata, Pune, Thane, Navi Mumbai, Mumbai and Delhi-NCR. Only Delhi-NCR bucked the national trend.

MEER VERHALEN VAN The New Indian Express Tirunelveli

The New Indian Express Tirunelveli

Full freedom to forces against terror in J&K: Shah

UNION Home Minister Amit Shah on Thursday chaired a high-level meeting to assess the security situation in Jammu and Kashmir and reiterated the government’s commitment toa terrorism-free region.

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October 10, 2025

The New Indian Express Tirunelveli

CM to address panchayats using optical fibre network

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October 10, 2025

The New Indian Express Tirunelveli

NTA may allot exam centres based on Aadhaar to curb malpractices

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1 mins

October 10, 2025

The New Indian Express Tirunelveli

The New Indian Express Tirunelveli

Prime accused in Armstrong murder case dies at GH

P Nagendran, a life convict who was named as the prime accused in the murder of former Bahujan Samaj Party (BSP) TN president K Armstrong, died at Government Stanley Hospital in Chennai on Thursday.

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1 min

October 10, 2025

The New Indian Express Tirunelveli

LG IPO breaks record, booked 54 times; gets bids worth ₹4.43 lakh cr

LG Electronics India has recorded one of the highest subscriptions ever for a large Indian IPO (₹10,000 crore and above), with its initial share sale oversubscribed 54 times.

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October 10, 2025

The New Indian Express Tirunelveli

Court relieves retired judge serving as interim admin of Siddha hosp for 19 years

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1 min

October 10, 2025

The New Indian Express Tirunelveli

30 Japanese cos to invest in Guj to support 4 chip plants

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1 min

October 10, 2025

The New Indian Express Tirunelveli

MP points finger at TN over syrup factory licence renewal

COUGH SYRUP DEATHS

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October 10, 2025

The New Indian Express Tirunelveli

Sex edu must be from young age, not from Class IX: SC

SEX education should be provided to children from a younger age, not from Class IX onwards, the Supreme Court held.

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1 min

October 10, 2025

The New Indian Express Tirunelveli

The New Indian Express Tirunelveli

Aadhav moves HC for quashing FIR over X post

REMAINING elusive for days after the Karur stampede, TVK general secretary for election campaign management Aadhav Arjuna has moved the Madras High Court praying for quashing the FIR registered against him by the Cyber Crime wing of Greater Chennai Police on his social media post allegedly calling for Nepal-like uprising against the state government.

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1 min

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