Having said that, Anshuman Magazine, Chairman & CEO, India, South-East Asia, Middle East & Africa, CBRE, said, “We foresee a strong momentum in the housing market for the remainder of the year. This optimism is driven by favourable home-buying sentiments, festive season promotions and significant land acquisitions by developers. These elements are expected to balance supply and demand dynamics and invigorate market activity.”
The city’s residential stock also nearly doubled from 2.9 lakh units in 2013 to almost 6 lakh in Q2 of 2024. South, East and North remain the city’s most…