 "Home sales in Tier II and III cities fall in April amid Covid-19 pandemic")
After a pick-up in sales of apartments in Tier II and Tier III cities in the March quarter of 2021, the transactions dropped in April as many states imposed local lockdowns to prevent the spread of the Covid-19 pandemic.
Housing sales in these cities had jumped 19 per cent to 41,270 units in the March quarter on a year-on-year basis, according to data from PropEquity, a real estate-focused data analytics firm.
The sales in April this year stood at 5,980 units, almost 2.5 times higher than April 2020. However, the research firm said the numbers were not comparable,
Housing sales in these cities had jumped 19 per cent to 41,270 units in the March quarter on a year-on-year basis, according to data from PropEquity, a real estate-focused data analytics firm.
The sales in April this year stood at 5,980 units, almost 2.5 times higher than April 2020. However, the research firm said the numbers were not comparable,
