Real estate developers continue to pile up inventory at a rapid pace. For the entire industry, unsold stock stood at 1.2 billion sq ft at the end of the April-June 2016 quarter, according to a survey by real estate consultancy Liases Foras.

In the June quarter, unsold inventory increased by two per cent on a sequential basis and 17 per cent on a year-on-year (y-o-y) basis. REALTY WATCH Sales growth continues to lag behind new launches despite a drastic slowdown in new projects Delhi-NCR tops the chart with ...