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Launch of housing units falls 54% in April-June quarter: Report
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COVID-19 second wave hits housing demand, sales drop by 58% in June quarter: PropEquity
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Home sales rose 23 per cent across top seven cities in the country during the first five months of 2021. However, Calcutta witnessed a decline of 11 per cent during the same period, a report released by PropEquity showed.
The research and analytics firm said home sales in Calcutta declined to 4,673 units between January and April 2021 from 5,267 units a year ago. One of the reasons behind this fall was that launches fell by 28 per cent to 2,391 units against 3339 last year.
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Apart from Calcutta, the National Capital Region also saw a slump of 20 per cent as it faced a major brunt of the second Covid-19 wave.
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