 "Launches in realty plunge 45% in top nine metros in Q2: PropTiger report")
From a plunge in launches to falling sales of housing units, the data indicates that real estate developers are in dire straits despite a slew of measures announced by the government to revive the sector.
According to the latest data from realty consultancy firm PropTiger, launches shrank by 45 per cent in top nine metros during the July-September quarter (Q2) over the same period last year. The number has come down to 33,883 units in Q2 this financial year from 61,679 units launched during the same quarter last year. In fact, the number is lower by a third from the previous
