New Delhi, Oct. 4 -- NCR Residential Update City-wise
New Supply Overview
Collectively, NCR saw new supply of 5,790 units in Q3 2019 as against 4,200 units a year ago and nearly 13,570 units in the preceding quarter of Q2 2019. If we break it city-wise:
Gurgaon saw maximum new launches in Q3 2019 comprising approx. 2,030 units, increasing by 75% from 1,160 units in Q3 2018. On q-o-q basis, the city saw new launches decline 71% against the preceding quarter.
Faridabad followed next and saw new launches of approx. 1,190 units in Q3 2019, up by 36% against the preceding quarter. Interestingly, there were no new launches in the corresponding period of 2018.
Ghaziabad witnessed new supply of approx. 880 units in third quarter this year, ...