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Quarterly residential real estate analysis of top 8 cities in India

Delhi NCR Real Estate Report Oct-Dec 2020: Market Analysis

100 Jan 21, 2021 Download Report

CONCLUDING REMARKS

Bolstered by the Centre’s financial incentives and schemes, the residential market in Delhi NCR witnessed a turnaround in Oct-Dec 2020. However, while the demand picked up, supply continued to reel under pressure which remained a cause of worry for developers. With around 36 realty firms facing NCLT trials in Greater Noida alone and over 70,000 stressed units in Gurgaon, it seems that additional efforts are required to fast-track project completions and deliveries and restore the lost vigour among homebuyers. Amid this, the recently proposed hike in circle rates in Gurgaon may certainly not go down well with prospective customers.

NEW LAUNCHES

The data depicts share of new launches across metro cities in the studied quarter

 

 

Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. 99acres does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.
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