APN News

  • Wednesday, January, 2021| Today's Market | Current Time: 12:24:03
  • Key Highlights:

    • The city witnessed residential sale improve by 43% in Q4 2020 as compared to the last quarter (Q32020) on the back of festive discounts, low interest rates and some premium launches by established developers
    • Noida continued to dominate sales with 45% share of overall sales in Delhi NCR, followed by Ghaziabad, which contributed 31% of the total sales
    • Homebuyers are increasingly becoming more confident about returning to the market

    Delhi NCR residential market gains momentum

     20192020Q1 2020Q2 2020Q3 2020Q4 2020Growth Q4 2020 over Q3 2020
    Launches (units)14,4095,9643,021Negligible6992,244221%
    Sales (units)29,01015,7435,9412,2503,1124,44043%
    Average Prices (INR/sqft)4,7694,7414,7694,7694,7294,741

    Source:  Real Estate Intelligence Service (JLL), 2020, JLL Research