- Average property prices saw less than 2% rise in the last two years – from INR 5,480 per sqft. in Q1 2017 to INR 5,570 per sqft. in Q1 2019
- While the top 7 cities saw a cumulative drop of 16% in overall unsold housing stock in the last two years
- Bangalore saw the maximum decline
- The city saw pent-up housing inventory reduce by a 44% – from nearly 1,18700 units in Q1 2017 to 66,820 units in Q1 2019. Hyderabad followed with a 21% decline in the same period
- Delhi-NCR saw unsold stock decrease by a significant 18% during this period, leaving the other 'heavyweight' market MMR far behind
- MMR cleared a mere 4% of its unsold inventory in the same period. In short, NCR has halved its unsold housing inventory overhang - from 90 months in Q1 2017 to 45 months in Q1 2019