Situation in June Quarter in 6 Key Cities Particulars
MMR*
Delhi/NCR
Pune
Bengaluru
Hyderabad
Chennai
Inventory (Mn sq ft)
116
242
48
65
49
40
Sales (Mn sq ft)
8.17
22.04
9.47
6.61
6.32
5.39
Value of Stock Sold (Rs Cr)
5,046
6,850
3,381
2,288
2,063
2,067
Receipts (Rs Cr)
2,802
1,680
1,798
1,316
1,364
999
Wt Avg Price per sq ft
9,716
3,131
3,587
3,809
3,100
3,778
98
48
44
68
55
48
1,090
1,463
1,126
1,746
1,787
1,268
Sales Velocity (%)
1.39%
1.76%
3.01%
1.74%
1.99%
2.33%
Months Inventory
40
30
12
27
20
20
Wt Avg Cost of Flat (Rs Lakh) Wt Avg Area per flat (sq ft)
*Mumbai Metropolitan Region, Source: Liases Foras
Pune has been the best performer among the six cities, with maximum sales velocity and lowest cost per unit. Mumbai has fared the worst, followed by the Delhi/NCR region