Housing sales down 67% in April-June due to Covid-19 lockdown: Report

Gurugram saw 79 per cent fall to 361 units for the period under review as compared to 1,707 units in same period last year

Housing sales fell 67 per cent at 21,294 units across nine major cities during April-June due to outbreak of the coronavirus pandemic and natiowide lockdown, according to data analytics firm PropEquity.

Recently, property consultant Anarock had released its data that showed an estimated 81 per cent fall in sales at 12,740 units across seven cities during April-June this year.

According to PropEquity, total housing sales during April-June 2020 stood at 21,294 units, down 67 per cent from64,378 units in the year-ago period.

Barring Noida, all other eight cities witnessed a decline in sales.

Gurugram saw 79 per cent fall to 361 units for the