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5 Factors That Have Reduced Housing Inventory Sell Time in India's Top Cities
Indian cities like Delhi NCR, Mumbai, Pune, Bengaluru, Chennai, Hyderabad, and Kolkata have seen tremendous residential real estate growth. According to a recent survey, selling active unsold home inventory took 22 months in Q1 2024, down 31% from 32 months in 2019.
- 7th Jul 2024
- 1192 Views
Housing Market Boom Reduces Inventory Selling Time by 31 per cent - A Report by JLL
According to JLL, the time to sell active unsold housing inventory in India's top seven cities—Delhi NCR, Mumbai, Pune, Bengaluru, Chennai, Hyderabad, and Kolkata—has dropped 31%. Due to rising home demand, inventory liquidation took 22 months in Q1 2024, down from 32 months in 2019.
- 8th Jun 2024
- 1238 Views
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