 "Home sales")
Residential sales improved in the third quarter of calendar 2020, rising by 34 per cent the figure in Q2, says a new study. However, sales velocity had come down in the third quarter, according to a new study.
The expected time to liquidate stock has increased from 3.6 years in Q2 of 2020 to four years in Q3, says a report by JLL Research.
Mumbai accounted for 29 per cent of the total sales in the quarter, while 22 per cent came from Delhi NCR. Sales growth was also driven by stronger demand in Chennai, Hyderabad and Pune, said JLL
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