Overall sales during 2019, however, inched up while new launches grew 21 per cent year-on-year
Out of the 12 cities surveyed, 10 residential markets have shown positive market dynamics in the last quarter of the year, Magicbricks's PropIndex Report Q4 2019 said
Prices in Delhi-NCR remained stagnant at nearly Rs 4,600 per sq ft, while unsold inventories fell by 6 per cent to 1,75,079 units from 1,86,714 units
The nine cities included in the study are Gurugram, Noida, Mumbai, Kolkata, Pune, Hyderabad, Bengaluru, Thane and Chennai
According to Crisil, high property prices have turned end-users into fence-sitters in most micro markets