- According to a report from PropTiger, sales grew by more than 35 per cent (aggregate of top nine markets) year-on-year in the January-March quarter
- Launches were down 60 per cent in this quarter compared to the corresponding quarter of FY17. Launches increased only in Bengaluru and Kolkata
- Higher sales and lower launches are reducing inventory overhang
- Prices moved up in single digit in most cities. Mumbai and Pune saw double-digit price growth. Noida and Gurugram saw price correction
- Investors who have been sitting on the fence need to act soon
- At present developers are still willing to negotiate on prices, and throw in attractive offers, such as free car parking, modular kitchen, etc
- All this may vanish once prices firm up
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