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Home sales rise 93% in Q2CY21 due to low base, says Anarock report

However, home sales dropped by 58 per cent sequentially

DLF, residential, property real estate
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Raghavendra Kamath Mumbai
Residential sales have risen 93 per cent in the second quarter of this calendar year (CY) in the top seven cities due to low base in the Q2 of calendar year 2020 that saw the first Covid-19 wave. Also, developers actively pushed products through technology, which gave a fillip to sales, says a new report.
 
However, home sales dropped by 64 per cent compared to Q2 of 2019, the pre-Covid year, and 58 per cent on a quarterly basis (compared to Q1 of CY21), said the report by Anarock Property Consultants.
 
About 24,570 units were sold in Q2

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