Housing sales fell 11 per cent in April-June 2019-20 across nine major cities to nearly 72,000 units but demand is expected to rise due to additional tax sops in the Budget for affordable homes and political stability at the Centre, as per a report.

New housing supply fell 47 per cent to 37,852 units in nine cities due to liquidity crunch and general elections, the report by News Corp-backed property brokerage firm PropTiger said.

The nine cities covered in the report are Ahmedabad, Bengaluru, Chennai, Gurugram, Hyderabad, Kolkata, Mumbai Metropolitan Region (MMR), Noida and Pune.

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