Unsold Housing Stock Down 12% Across Nine Cities To Nearly 4.78 Lakh Units At End Of September Quarter

Commenting on the numbers, Shiwang Suraj, Founder and Director at housing brokerage firm Inframantra, said: “We are experiencing a continuous surge in consumer sentiment towards property investments. The Q3 had seen a significant improvement in demand for housing and this would set the ball rolling for the next quarter as well. Despite the slight increase in overall interest rates, the demand for housing has not dipped.”