News: Residential sales in top seven cities up 68% year-on-year in 2022-15-01-2023
Bengaluru and Mumbai jointly led the annual sales in 2022 as they clocked more than 46,000 units (22% share each) followed by Delhi NCR at 38,000 units (18% share).
The residential sector witnessed a robust demand revival in 2022 with the year registering a decadal high in-home sale with 215,000 units across the top seven cities i.e. Mumbai, Delhi-NCR, Bengaluru, Hyderabad, Chennai, Kolkata, and Pune, according to a recent report by JLL India.
The residential sales in 2022 increased by 68% year-on-year (y-o-y) with more than 50,000 units sold in each of the four quarters of 2022.
Bengaluru and Mumbai jointly led the annual sales in 2022 as they clocked more than 46,000 units (22% share each) followed by Delhi NCR at 38,000 units (18% share).
Quarterly sales numbers (October-December) improved by 16% in Q4 2022 as compared to Q4 2021.
