News > Housing prices in Delhi and Mumbai region jump 49 pc in 5 years
Housing prices in Delhi and Mumbai region jump 49 pc in 5 years
07/07/2024 07:10 PM | Click to read full article
This has resulted in a plunge in stock inventories in this period with the Mumbai region seeing a 13 per cent decline in the unsold stocks and the NCR region has seen a sharp decline of over 52 per cent in its unsold stock in the last five years, as per the report. Prices in both regions had maintained the status quo from late 2016 to 2019. the NCR region saw its inventories declining approx. 1.82 lakh units at H1 2019-end to approx. 86,900 units by H1 2024-end.