India Home Sales Rise 19%, New Supply Up 43% Across 9 Major Cities in Q2
India's residential real estate market posted strong growth in the April-June quarter, with housing sales rising 19% to over 1.12 lakh units across nine major cities. New housing supply saw an even sharper jump of 43% during the same period. Bengaluru led the pack in sales performance, while southern cities and Mumbai also recorded healthy demand. Analysts attribute the sector's resilience to strong economic fundamentals and sustained consumer confidence. The growth comes despite ongoing global uncertainties that have weighed on other sectors of the economy.
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