- Residential unit sales have dropped by around 40% from the average of 2013-2014 to 2017.
- During the same period, larger cities such as NCR and MMR, which were heavily driven by investor activity, recorded a massive drop of 68% and 27% respectively in average sales
- Bangalore and Chennai, also on investors’ radar, saw average sales decline by 17% and 45% respectively
- Pune, which has also witnessed exponential growth due to significant interest from investors and NRIs who purchase houses only for financial gains, also witnessed a decline of 29% in average sales of 2013-14 over 2017
- In Kolkata, sales in 2017 saw the smallest decline of 12% as compared to average sales of 2013-14 (primarily end-user driven cities were not impacted significantly during the period under consideration)
- Hyderabad was the only city which saw any kind of growth - sales grew by 32% from the average of 2013-2014 to 2017.