Housing inventory of 15 months in Bengaluru, 44 months in Delhi-NCR: Report

Beating slowdown blues, unsold residential inventory overhang in top 7 cities has reduced to 30 months as on Q3 2019, against 37 months in the corresponding period of 2018, reveals an Anarock report. 

Bengaluru has the lowest unsold inventory overhang at 15 months, while the National Capital Region has the highest at 44 months as on Q3 2019.

Unsold inventory overhang indicates the number of months it will take for the current unsold housing stock to get cleared in the current market scenario. At any given point, an inventory overhang of 18-24 months is considered quite healthy.

• Top 7 cities’ inventory overhang reduced