New home launches drop by 8% in NCR on low demand

Written by Press Trust of India | Updated: Sep 11 2013, 09:02am hrs
The Delhi-NCR property market witnessed 8% fall in the number of residential units launched during the first half of 2013 amid slowdown in demand and economy, according to consultant Cushman & Wakefield. The total number of units launched in the high-end segment decreased by about 70% during H1 2013 compared to the same period last year.