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Housing sales may rise 35% in December quarter: report

Oct 14, 2020 15:02 IST

The coming festive season is likely to witness a surge in demand for residential properties and the housing sales may rise 35% sequentially across the top seven cities during the October-December period, according to Anarock Property Consultants. The reason for the rise is the prevailing lowest-ever home loan interest rates, developers' willingness to offer good deals and discounts, coupled with limited-period government incentives such as reduced stamp duty and registration charges in markets, the report said.

Economy