Despite Corona, 83 percent increase in the sale of houses during April-June

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Despite the second wave of Corona, there was an increase of 83 percent in the sale of houses in the second quarter of this year i.e. April-June compared to the same period last year. This increase was in the major seven cities of the country. In the first half of the year, there was an increase of 18 percent in house sales over the previous year. This information has come to the fore in the report of research firm JLL. These seven cities include Bengaluru, Chennai, Delhi NCR, Hyderabad, Kolkata, Mumbai, and Pune.


According to the report, 19,635 residential units were sold in these seven cities in April-June, up from 10,753 units a year ago. However, in April-June of January-March, there was a decline of 23 percent in sales. 25,583 units were sold in January-March.


According to the report, 45,218 residential units were sold in January-June this year, up from 38,204 units a year ago. In 2020, there was a decline of 61 percent in sales in April-June as compared to January-March due to Corona. 27,451 units were sold in January-March, 2020 and 10,753 units in April-June, 2020.


According to the report, 61,010 new housing units were launched from January to June this year, which is 10 percent more than last year. During this, a maximum of one-third of the units was launched in Hyderabad. JLL said that despite the increase in sales, there was a growth of two percent in the second quarter inventories as compared to the first quarter of this year. These seven cities had an inventory of 4,78,172 units in the second quarter.