Home sales rise 5% despite fall in affordable segment

Buoyed by an increase in sales in the luxury segment and cost bracket between Rs 250-50 lakh, key cities witnessed a rise in home sales, said a Liases Foras study

Chennai registered a 22% year-on-year rise in sales in Q3

5% – rise in year-on-year housing sales at 69,886 units in December quarter in Tier I cities

17,946 – units were sold in the Mumbai Metropolitan Region

22% – year-on-year rise in sales in Q3

18% – on-year rise in sales in Hyderabad

14% – rise in housing sales in Pune

53% – of sales were contributed under sub-Rs 50 lakh segment

18% – drop in ultra-luxury segment sales

3% – rise in unsold stock during the quarter