India city Pune city Kolkata covid-19 2020 India city Pune city Kolkata

Housing sales overcome covid-19 blues, surge 29% in Q1: Survey

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homes were sold in the top seven cities in Q1 compared with 45,200 units last year, Anarock data showed on Thursday.Also Read | Lessons from India’s tryst with lockdownMumbai Metropolitan Area (MMR) and Pune together accounted for 53% of housing sales in the quarter.

MMR sales increased by 46% annually, and Pune by 47%. With around 8,670 units sold, Bengaluru was the only city in the top seven to not record a major yearly change in total sales numbers in this quarter.Average property prices in the top seven cities saw marginal movement with most recording a rise of 1-2% over Q1 2020, except Kolkata, where prices remained stagnant.

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