Page 4 - Housing Sales

Housing sales dips 23% in Apr-Jun over previous quarter; up 83 % annually

Housing sales declined 23% in April-June across seven cities compared with the previous quarter due to the second wave of the Covid pandemic, but witnessed an 83% rise on an annual basis

Q4 of FY21 sees recovery in housing prices as pandemic tapers: CARE Ratings

All India Housing Price Index rose 2.7% YoY in Q4FY21. Going forward, movement in HPI would be influenced by demand-side factors as well as inventory levels

Housing sales in Apr-Jun may rise 93% compared to year-ago period

In Bengaluru, housing sales are likely to rise 19 per cent to about 3,560 units in April-June 2021 as compared to 2,990 units a year ago.

Housing demand to reach pre-Covid level after two years: Crisil

Housing sales in volume terms are expected to rise 5-10 per cent this financial year across six big cities but demand will reach to a pre-COVID level only after two years

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

Housing sales up 21%, new supply down 40% in January-March: Report

Housing sales increased by 21 per cent while new supply declined 40 per cent year-on-year during January-March 2021 across seven major cities, according to data analytic firm PropEquity

Real estate has a healthy demand outlook, but some hiccups remain

The second wave may affect Q1, but there is a strong expectation that FY22 demand will perhaps equal or surpass FY20 levels

Housing sales increase by 20% in January-March: 99acres.com report

The Indian realty landscape with conducive government policies and multiple incentives registered 20 per cent hike year-on-year sales in January to March: report

Housing sales increases 44% in Jan-Mar 2021 across 8 cities: Report

Sales of residential properties across eight major cities grew 44 per cent in the January-March period this year to nearly 72,000 units as demand recovered, according to Knight Frank India.

Housing sales in Mumbai grow three-fold in March 2021, says report

The value of apartments sold in January to March 24, 2021 period added to Rs 39,880 crore

Housing sales in 7 cities surge 29%, highest reported in Hyderabad: Anarock

Unsold inventory in the top 7 cities saw a nominal yearly decline - from 644,000 units towards Q1 2020-end to approx

Studio apartment supply falls as Covid makes people stay at home: Study

Average size of studio apartments was largest in the National Capital Region and smallest in the Mumbai Metropolitan Region, finds Anarock

Housing sales likely to drop 34% in FY21 in volume terms: India Ratings

Housing sales in volume terms is likely to decline 34 per cent this fiscal because of the COVID-19 pandemic, the report said

Housing sales in October-December jump 25% across seven cities

The rise was helped by pent up and festive demand, according to data analytic firm PropEquity

Housing sales plunge 50% in National Capital Region during 2020

Housing sales in the national capital region (Delhi-NCR) plunged 50 per cent year-on-year during the 2020 calendar year to 21,234 units on low

Sale of over Rs 50L homes account for 57% of total home sales in H2 2020

During 2020, while unsold inventory levels improved, sluggish sales velocity in the middle of 2020 saw quarters taken to sell rise to an average of 10.1 quarters

HDFC's Q3 biz update confirms recovery; re-rating in HFCs likely: Analysts

Housing sales have picked up in recent months as the economy slowly limps back to normalcy. Therefore, a strong recovery along with better margins could re-rate stocks in HFC sector, analysts say

DDA's new housing scheme 2021 launched, application deadline Feb 16

A new housing scheme of the Delhi Development Authority, with 1,355 flats on offer, was launched on Saturday

Housing sales recover in Oct-Dec; industry expects momentum to continue

Bengaluru-based Shriram Properties CMD Murali Malayappan said the rising demand in the housing sector would only further emphasise that the year 2021 belongs to the real estate sector.

Housing sales to fall 47% in 2020 across 7 top cities due to Covid: Report

Housing sales across seven major cities are estimated to fall 47 per cent year-on-year to 138,000 units this year on lower demand because of the Covid-19, according to Anarock