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01.12 - 19:23
Housing sales across 8 cities may rise 15-20 pc in 2021 on demand revival
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financialexpress.comHousing sales are likely to rise by 15-20 per cent annually during the current calendar year across eight major cities on pent up demand and low-interest rates on home loans, property consultant PropTiger said on Tuesday.
During the 2020 calendar year, sales had plunged 47 per cent to 1,82,639 units from 347,586 units in 2019, mainly because of strict nationwide lockdowns imposed in March last year to control the COVID pandemic.
As per PropTiger’s ‘Real Insight Residential Q3 2021 report, housing sales have increased by 12 per cent to 1,38,051 units during the January-September period of the current calendar year from 1,23,725 units in the corresponding period of 2020.
PropTiger.com, owned by Australian firm REA group, tracks the primary
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