India 2020 pandemic Waves India

Covid 2.0 impact on housing sales less harsh than 2020: Knight Frank

Reading now: 662
www.livemint.com

residential sector in India, even though sales and launches fell in the April-June compared to the preceding March quarter. According to property advisory Knight Frank India’s “India Real Estate – Residential, January-June 2021" report, the January-June period recorded home sales of 99,416 residential units, a 67% rise compared to H1 2020.

Project launches were recorded at 103,238 units in H1 this year, witnessing a 71% surge compared to the corresponding period last year.

However, maximum sales and launches were witnessed in the January-March quarter, when the residential sector saw a significant recovery due to stamp duty relaxation in Maharashtra, low home loan rates and pent-up demand after the pandemic last year.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News