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Launch of housing units falls 54% in April-June quarter: Report

Launch of housing units falls 54% in April-June quarter: Report
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Home sales up 23 per cent across top seven cities: Report

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. Advertisement 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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