Second Covid-19 wave to have minimal impact on delivery of residential units

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The second wave of Covid-19 seems to have a minimal impact on the delivery of the residential units, with over 4.22 lakh units scheduled to be completed by 2021-end across the top 7 cities. However, they may face delay of the supply of construction material or labour availability is impacted.
Notably, 72% of the total homes delivered by 2021-end are already sold out, with just 28% remaining unsold. NCR would see the maximum completions with a nearly 28% share, followed by MMR with 26% and Pune with approx. 18%. If the fallout of the second COVID-19 wave does not impact construction activity again, the top 7 cities will have approx. 1.18 lakh homes available for purchase by year-end, according to Anarock research,

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