Average property prices also saw 3% yearly increase across the top 7 cities - to Rs 5,760 per sq. ft. in Q3 2021 from Rs 5,600 per sq. ft. in Q3 2020.
The loan rate cuts have led to a rally in stocks with Godrej Properties, Oberoi, Puravankara and DLF rallying greater than 10% on September 23.
Other real estate majors like Brigade Enterprises, DLF, Godrej Properties, Oberoi Realty, have gained between 15%-42% during the same period
Sales of 45,218 residential units were recorded in the first half (H1), 2021, as against 38,204 units in H1 2020.
All the top cities have been affected by the second wave of Covid-19, and it is likely that a part of these project deliveries will be pushed to 2022,
Knight Frank India said Mumbai recorded upwards of 10,000 residential property registrations in April 2021 as against 17,449 units in March
There are a lot of options in the market, even in ready-to-move properties. Moreover, prices of RTM properties are almost at par with under-constructi
Hyderabad is the only Indian city globally to witness residential price appreciation in Q4 2020, positioning at 122nd rank with a marginal 0.2% y-o-y