Real estate developers sold 26 per cent less apartments during January-March period across nine major cities as economic slowdown and coronavirus outbreak affected demand, News Corp-backed PropTiger said.
In its report 'Real Insight: Q4 FY20', the housing brokerage firm said "a total of 69,235 units were sold during the quarter ending March as against 93,936 units sold during the same quarter last fiscal."
While physical site visits to properties have stopped completely, the online searches as well as online bookings of apartments continue to take place, Agarwala said