Key Points
This represents a significant 36% increase compared with about 84,940 units sold in year-earlier period...
In the second quarter, the total number of new launches across the top seven cities reached approximately 102,610 units, a 25% on year increase..
Hyderabad experienced a decline in new supply, with approximately 10,470 units added in the second quarter, representing a 51% drop compared to the same period last year..
Chennai witnessed a substantial yearly increase of 71% in new launches, with approximately 5,040 units added in the quarter...
Despite the robust sales, the available inventory across the top seven cities decreased by 2% on a yearly basis, totaling approximately 6.14 lakh units by the end of Q2 2023..
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