OPEN APP
Home / News / India /  Home sales in Jan-Mar touch a record high at 99,550 units
Listen to this article

Home sales were at a record high in the fourth quarter of FY22 since 2015, with around 99,550 units sold across top seven cities, up 71% year-on-year from 58,290 units in the January-March period of 2021, according to Anarock Property Consultants.

Sequentially, it was up 10% from 90,860 units sold in the December quarter.

National Capital Region (NCR) and Mumbai Metropolitan Region (MMR) accounted for more than 48% of the total sales in the seven cities, with NCR leading the way with over 114% growth from a year-ago.

New launches across the top seven cities rose 43% year-on-year from 62,130 units in Q1 2021 to over 89,150 units in Q1 2022. But there was a sequential decline from 73,770 units in the December quarter. MMR and Hyderabad accounted for 51% of the total new launches.

Subscribe to Mint Newsletters
* Enter a valid email
* Thank you for subscribing to our newsletter.
Close
Recommended For You
×
Edit Profile
Get alerts on WhatsApp
Set Preferences My ReadsFeedbackRedeem a Gift CardLogout