25-10-2024 03:57 PM | Source: PR Agency
Ahmedabad - Q3 2024 Housing Market Overview

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Launches

  • Ahmedabad witnessed a slight slowdown in new residential launches during Q3 2024, with approximately 8,700 units entering the market. This represents a 4% decline compared to the previous quarter and a marginal 1% decrease year-on-year.
  • West Ahmedabad took the lead in new residential launches during the third quarter of 2024, capturing a substantial 42% market share. This surge surpassed the previous quarter's high launch activity in East Ahmedabad

Sales

  • Ahmedabad residential market witnessed absorption of nearly 10,300 housing units, signifying a 4% year-on-year increase, a 9% decline was observed on a quarterly basis.
  • West Ahmedabad maintained its dominance in Q3 2024, accounting for a significant 35% of total sales.
  • East Ahmedabad and South Ahmedabad accounted for 20% and 16% of the sales respectively

 

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