Revival in realty? Home sales are up, Rs 25-50 lakh bracket most preferred

Even as developers struggle with mounting debt, key cities barring the National Capital Region have witnessed a 5 per cent annual rise in home sales in the quarter ended December 2018, according to a report by real estate consulting firm Liases Foras. 

Chennai witnessed the maximum year-on-year growth in home sales at 22%, followed by Hyderabad and Pune at 18% and 14%, respectively. Only NCR witnessed a 17% dip in sales on a yearly basis.

Chennai sees maximum growth in sales, NCR sees biggest fall