The seven cities tracked by Anarock are Delhi-NCR, Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune.
Durga Shanker Mishra says that in line with PM's vision of 'Housing for All by 2022', some 11.2 mn houses have been sanctioned and 5 mn have already been allotted
Housing sales in Delhi-NCR rose 24 per cent year-on-year to 9,016 units during the first six months of this year on lower base and the demand is likely to remain strong during the festive season
Housing sales declined 23% in April-June across seven cities compared with the previous quarter due to the second wave of the Covid pandemic, but witnessed an 83% rise on an annual basis
All India Housing Price Index rose 2.7% YoY in Q4FY21. Going forward, movement in HPI would be influenced by demand-side factors as well as inventory levels
In Bengaluru, housing sales are likely to rise 19 per cent to about 3,560 units in April-June 2021 as compared to 2,990 units a year ago.
Housing sales in volume terms are expected to rise 5-10 per cent this financial year across six big cities but demand will reach to a pre-COVID level only after two years
40% of these are in the affordable segment priced under Rs 40 lakh; 35% are in the mid-segment priced at Rs 40-80 lakh
Housing sales increased by 21 per cent while new supply declined 40 per cent year-on-year during January-March 2021 across seven major cities, according to data analytic firm PropEquity
The second wave may affect Q1, but there is a strong expectation that FY22 demand will perhaps equal or surpass FY20 levels
The Indian realty landscape with conducive government policies and multiple incentives registered 20 per cent hike year-on-year sales in January to March: report
Sales of residential properties across eight major cities grew 44 per cent in the January-March period this year to nearly 72,000 units as demand recovered, according to Knight Frank India.
The value of apartments sold in January to March 24, 2021 period added to Rs 39,880 crore
Unsold inventory in the top 7 cities saw a nominal yearly decline - from 644,000 units towards Q1 2020-end to approx
Average size of studio apartments was largest in the National Capital Region and smallest in the Mumbai Metropolitan Region, finds Anarock
Housing sales in volume terms is likely to decline 34 per cent this fiscal because of the COVID-19 pandemic, the report said
The rise was helped by pent up and festive demand, according to data analytic firm PropEquity
Housing sales in the national capital region (Delhi-NCR) plunged 50 per cent year-on-year during the 2020 calendar year to 21,234 units on low
During 2020, while unsold inventory levels improved, sluggish sales velocity in the middle of 2020 saw quarters taken to sell rise to an average of 10.1 quarters
Housing sales have picked up in recent months as the economy slowly limps back to normalcy. Therefore, a strong recovery along with better margins could re-rate stocks in HFC sector, analysts say