City marches ahead in home sales: Knight Frank report
The Hindu
West Hyderabad accounts for largest share in new launches
Hyderabad showed the most growth, among eight major residential markets in the country, in terms of new home sales and launches during January-June 2021. While the home sales increased 150%, compared to the same period last year, to 11,974 units, new launches at 16,712 units were 278% higher, according to the latest report of property consultancy Knight Frank India. The increase – from the 4,782 units sold and 4,422 units new launched in H1 2020 -- can be attributed partly to a pronounced base effect, the report ‘India Real Estate January – June 2021’ said.
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