Page 5 - Housing Sales

Centre eases circle rate differential to boost housing sales till June 2021

The income tax relief provides incentive to the middle class to buy homes

Housing sales may fall by 35-40% in FY21 as demand improved: ICRA

ICRA said the uptick in absorption levels during the second quarter of FY2021 has been driven by affordable and mid/upper-mid segments.

Housing sales may increase by 35% in Oct-Dec on festive demand: Report

The coming festive season is likely to witness a surge in demand for residential properties and the housing sales may rise 35 per cent across the top 7 cities during the Oct-Dec period on a QoQ basis

Covid: Housing sales down 43%, office space leasing fall 70% in July-Sept

India's top eight cities have witnessed 70% fall in gross office space leasing and 43% dip in housing sales during July-Sept quarter compared with the year-ago period on lower demand amid Covid-19

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

Covid-19: Housing sales fell 46% in July-Sep; 57% in Jan-Sep on low demand

During the January-September period this year sales have declined by 57 per cent to 87,460 units, from 2,02,200 units a year ago

Home sales up 34% QoQ in third quarter of calendar 2020, velocity down: JLL

The expected time to liquidate stock has increased from 3.6 years in Q2 of 2020 to four years in Q3, says a report by JLL Research

Developers and lenders tap need for owned homes amid festive season

Discounts, virtual tours, flexible payment options--players pulling out all stops

Housing sales reviving, end-user demand may strengthen: Mahindra Lifespace

Housing sales as well as enquiries from prospective homebuyers, which were badly hit during April-June due to the COVID-19 pandemic, have started to revive gradually and end-user demand is likely to strengthen in coming months, a top official of Mahindra Lifespace said on Thursday. In an interview with PTI, Mahindra Lifespace Developers MD & CEO Arvind Subramanian said the company did not witness much cancellation of apartments booked by customers as widely feared after the outbreak of COVID-19 and subsequent lockdown. "Just like the economy, businesses were severely challenged in the first quarter of this fiscal year. There was almost a standstill in housing sales and construction activities," he said. However, Subramanian said, "The good news is that our existing customers are committed to their bookings. We are not seeing a large cancellation which could have been one of the outcomes." He said the sales bookings and enquiries from customers in July increased as compared to the .

Housing sales dip 79% across top 8 cities in Apr-Jun over Covid-19 lockdown

According to the data, housing sales declined maximum 86 per cent 1,099 units in Hyderabad during April-June 2020, as against 8,122 units in the year-ago period

Covid-19 crisis: In 2020, housing launches fell below demonetisation levels

At 42,000, new housing units launched during the period in the top seven urban clusters (NCR, MMR, Pune, Bengaluru, Kolkata, Chennai, and Hyderabad) fell even lower than post-demonetisation period

Covid-19 impact: Housing sales down 67% in April-June, says PropEquity

The supply of new units also dropped by 81% during the period to 11,967.

Housing sales down 67% in April-June due to Covid-19 lockdown: Report

Gurugram saw 79 per cent fall to 361 units for the period under review as compared to 1,707 units in same period last year

Housing sales may dip 81%, new launches expected to fall 98%, says report

New launches may plunge by 98% to only 1,390 units as against nearly 69,000 units in the corresponding period of 2019

Coronavirus: Housing sales may fall 35%, office space demand may shrink 30%

The pandemic would also adversely impact commercial (office and retail) real estate segment, which had been performing well during the last few years despite slowdown in the overall property market

Realty uptick: Top rated companies see bookings rise 2% to Rs 5,800 cr

Sales bookings of DLF, Sobha, Puravankara, Prestige Estates, Brigade Enterprises, Mahindra Lifespace Developers, Godrej Properties, Oberoi Realty and Kolte Patil have been taken into account

Housing sales fall 9% in December quarter amid economic slowdown

Sales and new launches fell further on a low base

Housing sales fall 9%, new supply down 10% in Oct-Dec on economic slowdown

Housing brokerage firm PropTiger recently reported 30 per cent fall in sales in nine cities during the October-December quarter

Realty developers hopeful about festive season after slew of govt reforms

According to major real estate players, there has been a sharp increase in enquiries over the past few weeks

Housing sales drop 18% due to shraddh period, ban on subvention: Report

In the last quarter, home sales had fallen 13 per cent on a yearly basis