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Unsold housing stocks in Delhi-NCR drops 21 pc to nearly 1.11 lakh units at June-end: Anarock

New Delhi, Jul 5 Unsold housing stocks in Delhi-NCR fell 21 per cent annually during the April-June period of this calendar year to nearly 1.11 lakh units on better demand and calibrated new supply, according to Anarock.

Delhi-NCR’s unsold housing stock at the end of the June quarter stood at 1,10,990 units as against 1,41,250 units in the corresponding period of 2022, real estate consultant Anarock said.

“The increasing sway of branded developers has been steadily boosting homebuyer confidence in Delhi-NCR. Before the pandemic, this market was being burdened by excessive supply from unbranded players.

Source :- https://www.ptinews.com/news/business/602076.html

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