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Housing sales jump 46% QoQ to 50,000 units in Q3 2021: CBRE
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Led by sustained attractive mortgage regime and government incentives, housing sales jumped nearly 46% QoQ to 50,000 units in Q3 2021 and sales rebounded significantly by approximately 86% YoY on a year to date (YTD) basis, according to CBRE South Asia Pvt Ltd’s ‘India Market Monitor – Q3 2021′ report.
As per the report, office leasing activity reached 13.5 million sq ft in Q3 2021, growing at about 140% QoQ, with the YTD number reaching 25 million sq ft for the key cities. With 3PL and E-commerce fuelling demand, the Industrial & Logistics leasing activity crossed 9 million sq ft in Q3 2021, growing at about 6% QoQ and touching 23 million sq ft for 9 months 2021.
Commenting on the same, Anshuman Magazine, Chairman & CEO, India, South East
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