In February, the residential property market recorded a total of 3,200 registrations, representing a 12% m-o-m decline. The overall market activity saw mixed performance between the primary and secondary segments.
The primary market showed resilience with 900 transactions, reflecting a 17% m-o-m increase. This growth highlights a slight recovery in developer sales, potentially driven by attractive promotional offers and new project launches. Conversely, the secondary market experienced a significant contraction, with 2,300 transactions, marking a 20% m-o-m decline……
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