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Housing sales rose 19 per cent to 1,12,458 units during April-June across the top nine cities despite global economic uncertainties, according to PropEquity. Sales stood at 94,864 units in the year-ago period across the nine cities -- Mumbai, Navi Mumbai, Thane, Delhi-NCR, Bengaluru, Hyderabad, Chennai, Pune and Kolkata. New supply of residential properties rose 43 per cent annually to 1,17,609 units during the April-June period. PropEquity founder and CEO Samir Jasuja said, "The Indian housing market has remained resilient despite the geopolitical uncertainties in the Middle East. Southern markets continue to lead growth, while Mumbai and Navi Mumbai have also seen strong demand. Although some regions such as Thane and Delhi-NCR have witnessed relatively softer activity, overall market sentiment remains positive". According to the data, the housing sales in Bengaluru rose to 21,516 units in April-June from 14,676 units in the year-ago period. In Chennai, sales increased to 6,323
Larsen & Toubro (L&T) on Thursday said it has bagged a contract from Oberoi Realty for the construction of seven high-rise residential towers in Gurugram. The project has been bagged by the buildings and factories business vertical of L&T, the company said in a filing to BSE. The vertical has also bagged many other orders in the domestic market, including for construction of proving ground (testing place) from an international company in Haryana. The facility will boost testing infrastructure for vehicles embedded with latest technology. Besides the proving ground, the scope includes finishing works and external development relevant to the facility. The deal size of the orders was not disclosed by the company. The company's buildings and factories vertical possesses domain knowledge, expertise and experience in delivering EPC solutions across segments such as, hospitals, public spaces, airports, data centre, residential buildings, commercial spaces and factories. Larsen ...
India's top seven housing markets saw a muted 2 per cent growth in average prices during January-March against the previous quarter as sales fell amid negative consumer sentiments because of the West Asia conflict, according to Anarock. Real estate consultant Anarock data showed that the average housing prices across seven major cities rose to Rs 9,456 per square feet in January-March from Rs 9,260 per square feet in the preceding quarter. On an annual basis, the prices rose 7 per cent from Rs 8,868 per square feet in January-March 2025. Anarock tracks primary (first sale) housing markets of seven cities -- Mumbai Metropolitan Region (MMR), Delhi-NCR, Bengaluru, Pune, Hyderabad, Chennai and Kolkata. Anarock pointed out that housing sales across these seven cities fell 7 per cent in volume terms and 6 per cent value-wise during January-March 2026 from the previous quarter. This kept prices under check to a large extent. As per the data, the average housing price in Delhi-NCR ...