30/07/2023
On a positive note to the industry & market, despite YoY increases in residential pricing Bengaluru, besides Mumbai & Chennai led the way in maximum sales.
According to the survey from JLL, Bengaluru, Mumbai & Chennai drove a 21% increase in unit sales YoY. In H1 2023, the cities were responsible for 42% of sales, with the mid and premium-priced sectors driving the growth.
Bengaluru is among top 8 cities in the country, leading the way in terms of YoY increases in pricing, which ranged from 6% to 9%.
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Mumbai and Bengaluru led the half-yearly sales, contributing 21 percent each of the total sales. Pune made substantial strides accounting for 20 percent of sales