Housing sales witness 41% rise YoY in July-September: Anarock report

MMR and Hyderabad witnessed the highest new launches in Q3 2022, with approx. 36,000 units and 15,530 units, respectively

Despite rising  inflation, the third quarter (Q3) of this financial year continued to witness the undisrupted housing sales momentum with 41 per cent of annual rise. Across top 7 cities, a 4 per cent QoQ was registered with 88,230 units sold in Q3 2022, said the report by ANAROCK,a real estate consultancy. The top 7 cities included Mumbai metropolitan region (MMR), North capital region (NCR), Bengaluru, Pune, Hyderabad, Chennai and Kolkata.

However, the second quarter saw approx. 84,930 units sold across the top 7 cities. And in the corresponding period of 2021, approx. 62,800 units were sold. 

The report finds