The number of residential projects registered in central Chennai contributed to 29% of the constructed real estate projects in the area during the first quarter of 2023, according to a report by the Research and Analysis Wing of real estate association CREDAI. Despite an increase in sales of constructed properties, the number of registered units dropped by 9% QoQ, with 5,759 units sold in Q1 2023, compared yo 2,955 YoY.
