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Housing sales rise 67%, new supply up 71% in 8 cities during Jan-June: Knight Frank
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Housing sales up 44 per cent in January-March 2021 across 8 cities: Report
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Last Updated: Apr 05, 2021, 07:44 PM IST
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Synopsis 71,963 units were sold during Q1 2021, 44 per cent more than in Q1 2020. This healthy growth in sales also encouraged developers to launch new projects which are reflected in the 76,006 units launched during the quarter, substantial growth of 38 per cent year-on-year, Knight Frank India said in a statement.
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In the Delhi-NCR market, sales were up 24 per cent at 6,731 units.
Sales of residential properties across eight major cities grew 44 per cent in the January-March period this year to nearly 72,000 units as demand recovered, according to Knight Frank India. Mumbai Metropolitan Region (MMR) and Pune performed well on the back of the Maharashtra government s decision to reduce stamp duty.