Pune Real estate sales have doubled on a year-on-year basis as the city has seen sales of 26,580 units during the first half of the current fiscal, up from the 13,490 units during the first half of the financial year 2021-2022.
According to Anarock’s analysis, the top seven real estate markets in the country recorded sales of 87,375 units between April to September 2021. Sales for the same period this fiscal went up to 1,73,155 units, it shows. Among the seven cities tracked by the company, Hyderabad registered a 130 per cent growth with 22,840 units sold during the current fiscal’s first half, as compared to 9,980 units sold in the last fiscal.
Anarock group chairman Anuj Puri informed, “The data vouches that the first half of FY23 was a highly upbeat period for the residential market in the top seven cities, allying fears that housing sales could be impacted by rising property prices and interest rates. Homes worth Rs 1.56 lakh crore sold across the top seven cities in the first half of FY23.”