With the assistance of conducive authorities insurance policies akin to decrease stamp obligation and residence mortgage rates of interest, housing unit gross sales elevated 20 pe rcent year-on-year between the interval of January-March 2021. According to a current report by main actual property portal 99acres.com, the fourth and final quarter of the monetary 12 months 2020-21, registered the launch of as many as 600 new residential tasks throughout prime eight metro cities. Even amid rising COVID-19 instances, Mumbai led all different cities for the third consecutive quarter, registering a 38 per cent share within the new and re-launched tasks.
Registering a 21 per cent share, Hyderabad overtook Pune to bag the second place. Delhi contributed with a 3 per cent share within the general new unit additions.
