Samir Jasuja, Founder and CEO of PropEquity, said: “The reason why we feel that the housing market remains healthy, even though the new launches are coming down consecutively, is because the sales continue to be higher than the new launches.”
PropEquity projected that housing sales in Thane might fall 28% to 14,877 units during July-September from 20,620 units in the year-ago period.
In Mumbai, sales are likely to dip 8% to 9,691 units from 10,480 units, while the demand in Navi Mumbai is seen 6% lower to 7,212 units from 7,650 units.
Pune market is likely to see a 16% fall in sales to 17,762 units from 21,066 units.
However, sales in Bengaluru are estimated to rise 21% to 16,840 units from 13,966 units.
Sales in Hyderabad could grow 4% to 12,860 units from 12,311 units.
The Delhi-NCR market too might see 4% increase in sales to 10,990 units from 10,539 units.
In Chennai, sales are expected to rise 16% to 5,406 units from 4,675 units.
