India, Feb. 12 -- PropEquity on February 12 released the data for 15 major tier-II cities where total housing sales rose 4% to 1.78 lakh units in 2024 from 1.71 lakh units in the preceding year. The sales value increased 20% to Rs.1.52 lakh crore in 2024 from Rs.1.27 lakh crore in 2023.
Housing sales rose the most in Coimbatore at 36% and fell the maximum in Visakhapatnam at 21% in 2024 while Bhubaneswar recorded the highest growth in sales value at 47% while Nashik recorded 2% decline in sales value, the analysis showed.
Ahmedabad was at the top in sales value among 15 tier II cities. The city sold homes worth Rs.49,421 crore in 2024, a 17% rise from Rs.42,063 crore in the preceding year.
The 15 cities that were part of the analysis i...
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