Residential launches see 61% growth in Q3, says PropTiger report

Despite the slight increase in overall interest rates, the demand for housing has not dipped.

Residential Realty, Real estate sector, Property market
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A total of 1,04,820 units were launched in Q3 of 2022 and the new launches were at par with average quarterly levels of 1,00,000 units back in 2015 .

Pratigya Yadav New Delhi
With festival season nearing its peak, the real estate market has bounced back with a positive buyer sentiment

The third quarter (Q3) of this financial year registered a growth of 61 per cent year-on-year (YoY) as compared to Q3 last year, and it went up marginally by 3 per cent from the second quarter, according to a report by PropTiger.

A total of 104,820 units were launched in Q3 of 2022 — at par with the average quarterly levels of 100,000 units back in 2015. A majority of the new supply in Q3 2022 was concentrated in the price range

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First Published: Sep 29 2022 | 7:18 PM IST

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