Real Insight – Q1CY21

Home sales increase 12% in Jan-March quarter

Home sales increase 12% in Jan-March quarter

Various measures taken by the government at the centre as well as by several state governments to boost buyer confidence have started to show positive outcomes, with home sales in India’s eight prime residential markets showing a quarterly increase of 12% in the January-March quarter (Q1) of CY(calendar year)2021 compared to Oct-Dec quarter of 2020, shows a recent report by online property brokerage firm PropTiger.com. According to ‘Real Insight – Q1CY21’, builders sold a total of 66,176 homes in the primary market in the January-March quarter of 2021, a time marked with several state governments, including Maharashtra and Delhi, announcing stamp duty and…
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