Record low home loan interest rates, strong hiring and salary growth in the IT sector have led to developers advancing launches to August-September 2021, successfully.
New project launches by top developers, including Godrej Properties and Prestige Estates, have seen record sales within days. Godrej Properties sold a record Rs 580-crore residential apartments in first day of its launch of forest-themed Godrej Woods project in Noida earlier this week.
Godrej Properties said it had sold 340 houses having an area of more than half a million square feet on the first day of its launch, making this one of the most