Demand for multi-storey buildings in Delhi-NCR was recorded as approximately 53 per cent during the Feb-Apr 2013 period, a rise of 2 per cent from the Nov 2012-Jan 2013 period. The growing space crunch in the NCR Region could be the reason behind the demand for multi-storey units being the most preferred property type across all categories.
Supply of multi-storey apartments remained subdued in comparison to demand. No fluctuations were witnessed in the supply of these units in the last six months with availability of 35 per cent, which was 18 per cent lower than the demand.
Both residential houses and plots witnessed average buyer interest with demand varying from 11-13 per cent during the Feb-Apr 2013 period. While demand for residential houses was found to be stable in the last six months, a drop of 2 per cent was noted in the demand for plots.
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