Despite facing global economic challenges, Indian housing sales posted a staggering 19% increase, exceeding 1.12 lakh units from April to June. PropEquity data highlights significant demand in key urban centers including Bengaluru, Mumbai, and Navi Mumbai. Moreover, a notable 43% uptick in new property supply reflects growing market optimism, driven by solid domestic demand and economic resilience, even in the face of geopolitical tensions.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets