New Delhi, Oct 26 (PTI) Housing sales are likely to hit an all-time high this year at 3.6 lakh units in seven major cities on a strong demand across all price categories despite hardening of interest rates on home loans and property rates, according to Anarock.
The previous high was recorded in 2014 when housing sales stood at 3,42,980 units across primary markets (fresh sales only) of seven major cities — Delhi-NCR, Mumbai Metropolitan Region (MMR), Kolkata, Chennai, Bengaluru, Hyderabad and Pune.
As per the data of property consultant Anarock, the sales of residential properties have reached 2,72,710 units during January-September period of the current calendar year and already breached the 2019 number — pre-COVID year — of 2,61,360 units.
