Average Home Prices In Pune Surges By 8.9% To Record High But Sales Volume Decline, Buyers Preferring Larger Homes: Report
The fall in Sales Volume, combined with the rise in Inventory Overhang has put a slight pressure on sales momentum, indicating the need for a balanced approach towards the marketplace.
Jul 08, 2024, 18:39 PM ISTNew launches in Pune surge 48.5%, inventory comes down to a 7-year low in 2021
When comparing the number of launches in the second half of the year to the same period the previous year, the fresh supply increased by 61% in the six months ended December 2021.
Jan 09, 2022, 16:31 PM ISTNew property launches in Pune fell by 30%, prices set to rise: Report
Compared it to pre-COVID times, it is still half of what it was in December 2019 just before COVID-19 hit the country. This clearly suggests a supply squeeze prevailing in the Pune residential real estate space.
Jul 10, 2021, 17:02 PM IST