MAR­KET MOVE­MENT IN DELHI NCR

HT Estates - - NEWS -

Delhi-NCR was the only city that reg­is­tered a cor­rec­tion in its quoted cap­i­tal val­ues dur­ing the year

Apart from Noida, which wit­nessed an ap­pre­ci­a­tion of 5-6% in both mid and high-end prop­er­ties, quoted cap­i­tal val­ues cor­rected in the range of 2-11% due to high lev­els of un­sold in­ven­tory in other sub­mar­kets within the NCR

South-east Delhi sub­mar­ket com­pris­ing of lo­ca­tions such as New Friends Colony, Kalindi Colony, Ish­war Na­gar, Kailash Colony, etc. reg­is­tered high­est year-on-year cap­i­tal value cor­rec­tion of 11% in mid seg­ment units

Lux­ury seg­ment in Gur­gaon recorded high­est an­nual cor­rec­tion of 7%, across the top eight cities due to sub­dued de­mand for th­ese high-priced units

61% of new unit launches were in Noida in sub­mar­kets such as Cen­tral Noida Ex­ten­sion, Ya­muna Ex­press­way and Noida Ex­ten­sion.

Gur­gaon wit­nessed launches pri­mar­ily in the af­ford­able seg­ment along Sohna Road

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