Res­i­den­tial re­alty con­tin­ues to strug­gle

HT Estates - - FRONT PAGE - Ashwini Ku­mar Sharma

Sales in the res­i­den­tial hous­ing seg­ment has been grad­u­ally coming down since 2013-14, and the sec­tor is strug­gling even af­ter al­most five years of slug­gish­ness. As a re­sult, in­ven­tory level con­tin­ues to re­main high in the seg­ment, de­spite fewer project launches. How­ever, com­mer­cial real es­tate, es­pe­cially the of­fice seg­ment, is in a healthy state if we con­sider de­mand and leas­ing.


av­er­ag­ing around ₹6,100 per sq.ft (₹6,000 per sq.ft in 1QFY19). On monthly ba­sis, prices re­mained largely flat in NCR in July 2018 at ₹4,521 per sq.ft (up only 1.4% year-on-year),” stated the Ko­tak re­port.


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