Delhi-NCR and Mumbai also witnessed strong sequential growth. While Mumbai accounted for 23% of the overall sales, Delhi-NCR markets cornered 20%. In October-December, Mumbai’s housing sales grew 22% to 5,026 units from 4,135 units in the previous quarter.
Delhi-NCR also saw good demand as sales in Q4 increased by 43% to 4,440 units from 3,112 units in Q3.
With sales of 3,323 units in Q4 of 2020, Pune witnessed a strong sequential growth of 147% from Q3 2020. The housing sales in Q4 in Pune are only 1.7% lower than the fourth quarter of 2019.
Chennai (2,500) and Hyderabad (3,570) witnessed strong sequential growth of 59% and 68%, respectively.