{"id":32995,"date":"2022-04-01T13:36:00","date_gmt":"2022-04-01T08:06:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-housing-sales-report\/"},"modified":"2022-04-01T14:09:35","modified_gmt":"2022-04-01T08:39:35","slug":"biz-housing-sales-report","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-housing-sales-report\/","title":{"rendered":"Housing sales up 71% in 7 major cities in Jan-Mar; highest sales since 2015"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2008844397\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>New Delhi, Apr 1 (PTI) Housing sales across seven cities increased 71 per cent in January-March to 99,550 units, the highest quarterly sales since 2015, on low-interest rates on home loans and the growing concept of homeownership, according to property consultant Anarock.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2998275168\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>Sales of residential properties stood at 58,290 units in the year-ago period and 90,860 in the previous quarter across Delhi-NCR, Mumbai Metropolitan Region (MMR), Bengaluru, Pune, Hyderabad, Kolkata and Chennai.<\/p>\n<p>On Thursday, PropTiger reported that housing sales increased 7 per cent year-on-year to 70,623 units during January-March across eight major cities, while prices appreciated by an average of 7 per cent.<\/p>\n<p>Commenting on the numbers, Anarock Chairman Anuj Puri said: &#8220;The bull run in the housing market continued in the first quarter of 2022, with approx 10 per cent quarter-on-quarter and 71 per cent year-on-year growth in sales, thus recording all-time high quarterly sales since 2015&#8221;.<\/p><div class=\"trade-content_5\" id=\"trade-1691063954\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>The impact of the third COVID-19 wave was significantly lower than of the preceding two waves, he added.<\/p>\n<p>&#8220;The unrelenting appetite for homeownership amid the pandemic has coupled with a growing certainty of impending price rises to speed up housing sales velocity,&#8221; Puri said.<\/p>\n<p>As per the data, housing sales in Hyderabad jumped to 13,140 units in Q1 2022, from 4,440 units in the year-ago period.<\/p>\n<p>In Delhi-NCR, housing sales more than doubled to 18,835 units from 8,790 units, while the MMR saw a 43 per cent rise in sales to 29,130 units from 20,350 units.<\/p>\n<p>Housing sales in Bengaluru grew 55 per cent to 13,450 units from 8,670 units, while demand in Pune rose 33 per cent to 14,020 units from 10,550 units.<\/p>\n<p>Chennai saw sales of 4,985 units, an increase of 75 per cent from 2,850 units in Q1 2021.<\/p><div class=\"trade-content-10\" id=\"trade-3237884272\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>Housing sales in Kolkata more than doubled to 5,990 units in January-March 2022 from 2,680 units a year ago.<\/p>\n<p>On the supply side, Anarock said that new launches across the top 7 cities witnessed a 43 per cent yearly rise to 89,150 units in Q1 2022 calendar year from 62,130 units in Q1 of 2021.<\/p>\n<p>Unsold inventory in the top 7 cities saw about a 2 per cent yearly decline \u2013 from 6.42 lakh units towards Q1 2021-end to approx 6.28 lakh units by Q1 2022-end.<\/p>\n<p>The average residential property prices across the top 7 cities increased in the range of 2-5 per cent in Q1 2022 compared to Q1 2021, mainly due to an increase in the prices of construction raw materials. Hyderabad recorded the highest 5 per cent annual jump. PTI MJH  BAL<\/p>\n<div class=\"trade-after-content\" id=\"trade-1313881865\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, Apr 1 (PTI) Housing sales across seven cities increased 71 per cent in January-March to 99,550 units, the highest quarterly sales since 2015, on low-interest rates on home loans and the growing concept of homeownership, according to property consultant Anarock. Sales of residential properties stood at 58,290 units in the year-ago period and [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1697,31],"tags":[],"class_list":["post-32995","post","type-post","status-publish","format-standard","hentry","category-economy","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Housing sales up 71% in 7 major cities in Jan-Mar; highest sales since 2015 - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-housing-sales-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Housing sales up 71% in 7 major cities in Jan-Mar; highest sales since 2015\" \/>\n<meta property=\"og:description\" content=\"New Delhi, Apr 1 (PTI) Housing sales across seven cities increased 71 per cent in January-March to 99,550 units, the highest quarterly sales since 2015, on low-interest rates on home loans and the growing concept of homeownership, according to property consultant Anarock. 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