Categories: MumbaiUncategorized

MMR tops Indian cities in the sale of apartments

Mumbai: Mumbai Metropolitan Region (MMR) recorded the highest sales of 76,400 housing units of around 2.37 lakh flats sold in the top of the Top Indian cities in 2021.
According to a report released by property consultants Anarock, housing real estate made this comeback year The second wave is devastating.
The data revealed that around 2.37 lakh units were launched in seven top cities throughout the year, touching the 2019s pre-covid level.
Every year, the new launch rose 85% by 2021 more than 2020.
Of the 2.37 lakh units were launched in 2021, the middle segment (Rs 40 Lakh to Rs 80 Lakh) has a maximum share with 39%, followed by an affordable segment ( Prices under RS ​​40 Lakh) with a share of 26%.
The premium segment (price between 80 lakh and RS1.5 Cr) has a share of 25%.
Overall, the seven top cities saw around 2,36,530 housing units sold overall 2021, against 1,38,350 units in 2020 – a strong increase of 71%.
The main cities that contributed to the launch of 2021 were the Mumbai Metropolitan, Hyderabad, Pune, and NCR (Natioanl Capital Region) regions together contributing 76% of the addition of supply.
Anarock’s report said MMR saw around 56,880 units launched in 2021 – a significant increase of more than 88% more than 2020.
estimates.
58% of new supply added in the budget segment 80 lakh sub-rs.
Anuj Puri, Chairperson, Anarock Group, said, “Although a pandemic, 2021 is a fantastic year for the Indian housing sector.
A number of similar houses were launched and sold.
The fact that the launch returned to the pre-covid level was very significant, and housing sales fell short 2019 Only 10%.
From four quarters, Q4 2021 so far the best, with housing sales in the top 7 cities reaching a high level around.
90,860 units at Q4 2021.
This is the highest quarterly sales performance since 2015.
“Puri said,” Various trends Will form a housing sector in 2022 – Class A developers will corner more market share, and sales will return to pre-pandemic.
Level 2019.
However, the pressure of input costs and supply chain problems can cause a 5-8% property price increase.
Users The end will remain the dominant market force, and the peripheral area in big cities will continue to see supply and demand.
Attraction.

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