Basis the recent data released by Square Yards on mid-market housing, Hindu Business line has captured the information and details shared with them through a press announcement. The story dated 7th December, mentions “The share of mid-market houses costing Rs 20 to 50 lakh has touched an all-time high of 42% of total residential transactions in the second half of the current fiscal, according to data released by real estate consultant Square Yards. The share of mid-market houses has been going up every six months in the last few years. It accounted for 29% of overall residential sales in the first half of FY 17, going up to 32% in the second half of the same financial year. The category touched 42.7% mark of the overall residential sales in the first half of the current fiscal, growing at 21% CAGR.”
