Anuj Puri, Chairman – ANAROCK Property Consultants

  • Of the total current 6.73 lakh unsold units across top 7 cities, approx. 85,000 are ready-to-move-in
  • NCR & MMR together account for 54% total unsold RTM homes
  • Hyderabad has least unsold RTM stock priced below Rs. 80 Lakh with approx. 3,040 units

Indians looking to buy homes in 2019 have a very compelling rationale to opt for ready-to-move (RTM) homes, which – apart from being exempt of the 12% GST ambit – are available plentifully.

As per ANAROCK data, out of the total 6.73 lakh units of unsold housing inventory, nearly 85,000 units are currently ready-to-move-in across the top 7 cities. Interestingly, out of these total unsold ready-to-move options, nearly 60% of units are in the affordable and mid segments priced below Rs. 80 lakh.

RTM quotient of Unsold Stock

Cities Total Unsold Units Approx. RTM Units Approx. RTM % of Total Unsold Units
Bangalore 73,340 12,000 16%
Chennai 30,840 8,800 29%
Pune 87,440 8,600 10%
Kolkata 49,470 5,400 11%
NCR 1,86,710 23,500 13%
MMR 2,19,490 22,300 10%
Hyderabad 25,960 4,400 17%
PAN India 6,73,210 85,000 13%

Source: ANAROCK Research (RTM= Ready-to-move-in)

Currently,