The number of land deals closed in the second quarter of 2024 came down to 25 transactions for 325 plus acres area
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According to Anarock, the Indian housing sector remains upbeat in 2024 so far, with housing sales and new launches reaching new peaks in the top seven cities
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This surge in new housing supply is not only stabilising rental prices but is also expected to enhance the overall residential market by improving affordability and availability
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The mid-range and premium property segments together account for more than 55 per cent of the current supply. Together, they recorded approximately 76,555 units sold in the first quarter of 2024 - nearly 60 per cent of the total sales
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