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Housing sales to fall 47% in 2020 across 7 top cities due to Covid-19: Report

India city Chennai city Delhi city Hyderabad city Pune city Kolkata city Mumbai, region Metropolitan region Metropolitan covid-19 2020
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housing supply, too, is likely to fall 46 per cent to 1.28 lakh units in 2020 in seven cities -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Pune, Bengaluru, Hyderabad, Chennai and Kolkata.Also Read | Inside the rumble in India’s coding jungleReleasing its data 10 days before the end of this year, Anaraock said the total home sales in seven cities are estimated at over 1.38 lakh units in 2020 against 2.61 lakh units in 2019.

New housing supply in 2020 declined to 1.28 lakh units this year from about 2.37 lakh during 2019.While residential real estate bottomed out in 2020 against the previous peak of 2014, there are strong revival signs during the October-December quarter, the report said.Commenting on the data, Anarock Chairman Anuj Puri.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
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Brazil
Brazil
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Recovered: 0
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Recovered: 0
Russia
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Cases: 8 494 589
Deaths: 237 619
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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