Realty sales at pre-Covid levels on the back of stamp duty cut: Crisil

Home sales have risen to levels last seen before the lockdown in key markets, including Mumbai and Delhi, according to data compiled in a note by the research arm of rating agency Crisil. The note, released on Thursday, says some markets have seen even higher sales than before. Maharashtra, especially Mumbai, witnessed sales which were 10-30 per cent higher than the beginning of the year, the firm noted.
 
“The spurt rides on supportive measures from governments of key states. Maharashtra, for instance, has reduced stamp duty from 5 per cent to 2 per cent up to December 2020, and