Amid restricted new supply in 2020, unsold housing inventory in Noida and Greater Noida in Uttar Pradesh reduced by 12 per cent in the year, a report by Anarock Property Consultants said.
The unsold inventory declined from 64,010 units as at 2019-end to nearly 56,620 units at 2020-end.
In contrast, Gurugram saw its unsold stock increase by 7 per cent in the same period to around 61,880 units at 2020-end.
From a new launch perspective, the whole of National Capital Region saw launch of around 18,540 units in 2020, of which Noida and Greater Noida accounted for a mere 15 per cent share, or around 2,800 units.
While Gurugram saw supply of nearly 11,180 new units during the year, denoting a significant 60 per cent overall share.
Faridabad saw launch of more new housing units in the year -- around 3,050 units -- compared with both Noida and Greater Noida.