Second wave may delay 422,000 houses meant for delivery this year: study

40% of these are in the affordable segment priced under Rs 40 lakh; 35% are in the mid-segment priced at Rs 40-80 lakh

Over 422,000 residential units that were to be completed by the end of 2021 across the top seven cities are likely to be delayed due to the second Covid-19 wave, says a new report.

The National capital region (NCR) has 28 per cent share in completion, followed by Mumbai Metropolitan Region with 26 per cent and Pune (18 per cent), said Anarock Property Consultants in a report.

Notably, 72 per cent of the homes for delivery by 2021-end are already sold out and only 28 per cent remain unsold. "If the fallout of the second Covid-19 wave does not impact construction activity