Housing market also declined New housing launches (top 8 cities) fell 50% Unit launches 2019 244,256 2020 122,426. 182,639 housing units were sold in 2020, a decline of 47% over the previous year Unsold housing inventory declined... (Top eight cities) 7.92 lakh units 2019 7.18 2020 XXX As of 31 Dec Source: PropTiger ...But time taken to sell existing stock rose because of slower sales Average Inventory Overhang Dec 2019 27 months Dec 2020 47 months pl Analyse the situation & suggest appropriate regulatory agency's initiative Discuss the strategies to address unsold inventory Suggest guidelines for new entrants at this situation