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Bengaluru to Delhi: Demand for premium homes drives residential sales in Q2

In Mumbai, reduced stamp duty and low interest rates get customers interested in property

The walls of the apartments at Vario Homes can be opened or shut to create bigger or smaller spaces to suit one’s needs
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Residential sales were up 34 per cent in the September quarter as compared to the June quarter, according to a JLL Research.

Samreen AhmadRaghavendra KamathArnab Dutta Bengaluru/Mumbai/New Delhi
Kingfisher Towers on Bengaluru’s upscale Vittal Mallya Road recently saw three high-value transactions between Rs 25 crore and Rs 28 crore. With interest rates declining and flexible payment plans coming up, the rich are investing in high-end properties in Bengaluru as they see value for money in real estate.
 
Brigade Group sold 30 units in a premium project in the second quarter (Q2), compared to the usual 10 units in a quarter. The company also sold 10 units in a villa project. “We have already reached the pre-Covid level of sales in residential, with sales value in the September

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