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Housing Sales In January-March 2021: Housing Sales Up 20% Year-On-Year In January-March 2021


Mumbai led all other cities, with a 38 per cent share in new and re-launched projects.
With the help of conducive government policies such as lower stamp duty and lower home loan interest rates, housing unit sales increased 20 per cent year-on-year between January-March 2021. According to a recent report by leading real estate portal 99acres.com, the fourth and last quarter of the financial year 2020-21, registered the launch of as many as 600 new residential projects across the top eight metro cities. Even amid rising COVID-19 cases, Mumbai led all other cities for the third consecutive quarter, registering a 38 per cent share in the new and re-launched projects. ....

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