Gurugram sold 10% more houses in Jan-March, Noida slacks behind by 23%: Report
Gurugram sold 10% more houses in Jan-March, Noida slacks behind by 23%: Report

Gurugram sold 10% more houses in Jan-March, Noida slacks behind by 23%: Report

Priya Singh | 2023-10-03

Sales dropped in Noida-Greater Noida due to lesser launches of new projects and lower demand.
Delhi-NCR's prime residential market Gurugram saw a 10 per cent rise in housing sales during January-March, but demand fell in Noida and Greater Noida by 23 per cent, according to Anarock.
Market experts attributed the rise in sales in Gurugram to strong demand for luxury homes.
Sales dropped in Noida-Greater Noida due to lesser launches of new projects and lower demand amid increase in mortgage rates as well as property prices, they added.

Data from real estate consultant Anarock showed that housing sales in Gurugram went up 10 per cent to 9,750 units in January-March from 8,850 units in the year-ago period.
However, Noida-Greater Noida saw a 23 per cent decline in sales to 4,250 units from 5,495 units.

In the rest of Delhi-NCR market like Delhi and Ghaziabad, housing sales fell 30 per cent to 3,160 units from 4,490 units.


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