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Housing sales dip 79% across top 8 cities in Apr-Jun over Covid-19 lockdown

According to the data, housing sales declined maximum 86 per cent 1,099 units in Hyderabad during April-June 2020, as against 8,122 units in the year-ago period

Housing demand fell 22% in H2 2019 amid slowdown in real estate market
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According to the report, sales of residential properties fell 52 per cent to 88,593 units across eight cities during January-June period this year.

Press Trust of India New Delhi
Housing sales plunged 79 per cent to 19,038 units across eight major cities in April-June, as demand was badly impacted due to the nationwide lockdown to control Covid-19 pandemic, real estate brokerage firm PropTiger said on Tuesday.

Releasing its latest report 'Real Insight: Q2 2020' through video conference, News Corp-backed PropTiger said that sales of residential properties fell 52 per cent to 88,593 units across eight cities during January-June period this year.

The cities tracked in the report are Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, Delhi-NCR (Noida, Greater Noida, Gurugram, Ghaziabad and Faridabad), MMR (Mumbai, Navi Mumbai, Thane) and Pune.

According

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First Published: Jul 28 2020 | 3:27 PM IST

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