INDIA'S KEY PROPERTY market Delhi-NCR has remained buoyant during the December quarter, with housing sales and new supply estimated to rise 25% and 59%, respectively, according to PropEquity.Real estate data analytic firm PropEquity data showed that housing sales in Delhi-NCR are likely to rise to 12,915 units in the October-December period of this calendar year from 10,354 units in the year-ago period. New supply in Delhi-NCR is set to rise 59% to 11,223 units in the December quarter from 7,072 units in the corresponding period last year.Among nine major cities across India, Delhi-NCR is the only market where sales and new supply are estimated to rise during the current quarter, PropEquity's data showed.The other eight markets—Bengaluru, Pune, Hyderabad, Chennai, Kolkata, Mumbai, Navi Mumbai and Thane—are likely to witness a fall in sales and new supply during this quarter.Samir Jasuja, CEO and founder, PropEquity, said the total housing sales and new launches have fallen on an annual basis because of the high base effect.

Housing sales may rise 25% in Delhi-NCR in Oct-Dec: Report

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