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Updated Jan 18, 2021 | 13:18 IST
Sales increase is back to normalcy. Sales have not been impacted in the 800+ sq ft segment and have risen by 24% in the 1,201-1, 400 sq ft segment.
Real estate sales back to pre-Covid levels in Pune, says report  |  Photo Credit: PTI
Pune: The sales in real estate sector is back to normalcy and affordability is at an all-time high leading to increasing costs and rise in share of big developers.
This is according to this month’s edition of the bi-annual report of the Gera Pune Residential Realty in the city. The impact is evident across all parameters. The report said, “Sales are back to normal and are at par with pre-Covid levels. Average prices across the city have risen by 3.5%. Inventory is the lowest in six years in both, absolute and percentage terms. Total number of projects has fallen by 15% compared to five years ago and a number of new units launched has fallen by 40%, which was expec ....

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