Chennai, Mumbai, Hyderabad and Ahmadabad also witnessed downfall for new launches of residential units by 39%, 3%, 89% and 62% respectively, moreover it is a residential property which is going through the drop.
Major eight cities like NCR, Chennai, Kolkata, Bangalore, Mumbai, Hyderabad, Pune and Ahmadabad launched around 38,000 residential units in the first quarter of 2013, reported that there is a marginal fall of about 2 percent over the previous quarter.
Pune can be good, but i guess NCR has fallen apart.It was obvious because NCR was coming up with too many new launches, so supply was not equal to the demand