Economic Survey: COVID restriction affected demand, supply of housing sector
Business | February 01, 2022 7:59 ISTIt revealed that the number of unsold residential units have also witnessed significant drops during the second wave of the pandemic.
It revealed that the number of unsold residential units have also witnessed significant drops during the second wave of the pandemic.
Citing the trend in the past five years, the Anarock report said that MMR and Pune are likely to witness the highest growth in housing sales during the ongoing festive quarter -- by 36 per cent and 34 per cent -- respectively.
Housing sales across seven major cities in the country fell 35 per cent year-on-year to 50,983 units during the July-September period even as the demand recovered post lockdown, according to data analytics firm PropEquity.
Since August, the government has been taking various steps to revive the market and consumption demand. Recently, the government cut the corporate tax rate to 22 per cent, which involved an outgo of Rs 1.45 lakh crore, Nirmala Sitharaman has said.
Agra: Uttar Pradesh Chief Minister Akhilesh Yadav today said his government was committed to providing affordable and convenient housing to the poor and middle-income groups because owning a home paves the way for development.It is
New Delhi, Sep 23 : The government plans to amend the archaic Rent control Act and declare the housing sector an industry, said Kumari Selja, Housing and Urban Poverty Alleviation Minister on Saturday. She said,
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