India, April 3 -- As many as 88,274 residential units were sold across eight major cities in the January to March period leading to a 2% YoY increase in consumer demand with Pune and Chennai leading the primary sales volume with 20% and 10% YoY growth respectively, a report by Knight Frank said on April 3.

However, the sales in Delhi-NCR fell 8% annually in January-March and Bengaluru saw a 5% decline in sales to 12,504 units, the report showed.

Price levels have continued their strong run across all markets in YoY terms. In sequential terms as well, they have held steady or grown in all markets. Price levels in Bengaluru and NCR saw exceptional growth at 16% and 12% YoY as the focus intensified toward development of premium, high-rise ...