In Q3 2021, housing sales surged 113 percent y-o-y across the top 7 cities - from approximately 29,520 units in Q3 2020 to nearly 62,800 units in Q3 2021, Anarock has said in its latest report.If this growth in sales, MMR or Mumbai metropolitan region for 33 percent of the total sales, followed by NCR with a 16 per cent share.As per the report, increased sales also improved new launches as it rose in the top 7 cities by 98 per cent yearly - from approximately 32,530 units in Q3 2020 to approximately 64,560 units in Q3 2021. While MMR continued to see the highest number of new launches (of approximately 16,510 units) in the quarter, Hyderabad was close behind with a new supply infusion of approximately 14,690 units.
Interestingly, the mid-segment (homes priced Rs 40-80 lakh) and premium homes (priced b/w Rs 80 lakh to Rs 1.5 Cr) continue to dominate new supply with 41 per cent and 25 percent shares, respectively.
