Projects from reputed developers have continued their strong sales growth with 19 projects selling more than 500 units in the last 12 months alone. New launches, prices and offtake have all posted strong growth rates while the replacement ratio remains in check at 1.03. In summary, the strong momentum sustains itself for two consecutive six monthly cycles as we head into H2 2022.
The Gera Pune Residential Realty Report is a bi-annual initiative by Gera Developments that is aimed at garnering insights on both the supply and demand sides of the residential realty market in Pune. This census-based study uses feet on street methodology of data gathering and covers the Pune Urban Agglomeration area. The data is then validated and statistically analysed. What started, as a knowledge gathering initiative in 2011 has now become something that realtors, IPCs, Research Houses, Brokerage Houses and Banks & Financial Institutions look forward to. Besides a broad overview of inventory available, off-takes and prices, the report dives deeper to mine insights by price segment, sq. footage, construction stage and size of unit.
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