Mumbai posts decline in residential launches, sales in H2 2019: Report

However, the report observed that despite headwinds of economic slowdown, Indian real estate sector has recorded an overall growth in 2019

Mumbai saw a fall in both new residential launches as well sales by six per cent and 14 per cent in in second half (H2) of calendar year 2019. 

According to the latest report 'India Real Estate: H2 2019' by Knight Frank released on Tuesday, Mumbai despite registering the highest residential launches and sales at 35,988 units and 27,212 units in H2 2019, the same fell on a year-on-year (YoY) basis from 38,389 units and 31,481 units, respectively. For the entire 2019, Mumbai saw the highest number of homes launched at 79,810 units, followed by Pune at 44,660 units, and