The real estate sector is perking up with home sales showing a 104 percent increase in the top seven cities of the country for the July-September period from the previous quarter, as Delhi and its suburbs top the shopping table, a report has said. As many 50,983 houses were sold in the third quarter against 24,936 in teh second quarter of 2020, the report by PropEquity, a real estate data, research and analytics firm, has said.“Indian real estate sector is showing some recovery, as many projects were launched in the last quarter and with various schemes and offers, developers were able to clear significant inventory,” PropEquity managing director Samir Jasuja said. “As we move into the festive season, we forecast this recovery to continue with more offers, discounts and attractive payments schemes to attract customers,” he added.
Festival cheer for real estate sector, housing sales up 104% in top 7 cities
Date posted: Thursday 8 October 2020
Tags: Real Estate Sector