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Covid-19 impact: Housing prices fall 2-7% in July-Sept in top 6 Indian cities, says report
New Delhi: The coronavirus pandemic led to an up to 7% decline in average housing prices in top six Indian cities in the last three months, said a new report on Thursday.The average housing prices declined by 2-7 per cent year-on-year during July-September in Delhi-NCR, Mumbai, Chennai, Pune, Kolkata, and Ahmedabad on lower demand amid COVID-19 pandemic, according to Knight Frank India.Prices, however, increased in Bengaluru and Hyderabad by 3 per cent and 4 per cent, respectively, during July-September 2020 compared with the year-ago period.Chennai saw the maximum fall of 7 per cent, followed by Delhi-NCR and Pune at 5 per cent.Rates dipped 3 per cent each in Kolkata and Ahmedabad, while Mumbai witnessed 2 per cent price correction.The