Home Sales In India's Top Cities At Decade-Low On COVID-19: Property Consultant

Housing sales in top eight cities of the country dropped by 54 per cent year-on-year to a 10-year low of 59,538 units during the first half of 2020 on account of COVID-19 pandemic, according to a report released on Thursday by property consultancy firm Knight Frank India. New home launches also fell by 46 per cent to 60,489 units during the period, the report suggested. The pricing environment weakened with developers either offering...