Housing sales rebound to 65% of pre-Covid, new launches at 79% of Q4FY20

Affordable and mid-segment housing units priced up to Rs 80 lakh formed 72% of total new supplies

Sales of residential units have bounced back to 65 per cent of the pre-Covid level in the July-September quarter. In top the seven metros 29,520 housing units were sold during the quarter, compared to 45,200 units in January-March quarter when the Covid-19 pandemic was yet to peak causing severe disruptions, data from Anarock Property Consultants show.

New launches too witnessed revival. With 32,530 units launched during the quarter, compared to 41,220 in Jan-Mar, new launches reached 79 per cent of the pre-Covid level. At 23,300, the affordable and mid-segment housing units (priced up to Rs 80 lakh) formed 72 percent