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Investors Clinic sells properties worth Rs 500 crore during Mar 24-31 sale festival

Press Trust of India  |  New Delhi 

Property brokerage firm Saturday said it sold 1,200 housing and commercial units worth Rs 500 crore in Delhi-during its sale festival in the last week of March.

Lowering of GST rates and various incentives announced in the Budget have helped in reviving housing demand.

"The seven days campaign led to sale of 1200 properties. This was a mix of both residential and commercial properties; the total worth of properties sold during the event was Rs 500 crore," the company said in a statement.

Improved metro connectivity in Noida-Greater Noida helped in robust sales, it added.

CEO said, "We kept in mind the price affordability range of consumers; hence properties were available at starting price of Rs 2290 per sqft.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, April 13 2019. 15:10 IST