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[부동산] 복구 경로의 부동산, Covid 이전 수준에서 주택 구입자 검색
[INDIA REAL ESTATE NEWS] Good morning everyone I am Rumi Dhar from Kama Group.
Here I have important INDIA real estate news to share with you which is as mention under.

Following the Covid19 outbreak and the national lockdown, the realty sector has started
witnessing some green shoots as homebuyers are back in the market across tier-1 cities,
though in lower numbers, showed Magicbricks’ Propindex April-June report.

The report suggests the market sentiments are changing as shown by the buyer searches
on Magicbrick’s property portal.

Property prices in top 8 cities declined 2-9% in April as an immediate reaction to Covid-19
crisis.

However, the overall price decline recovered during the quarter to 1-5% across tier I cities.

“Prices have shown a marginal decline whereas demand has been steadily coming back.
Actions have been taken by the government on the recovery package and the RBI has also
reduced repo rates by more than 100 basis points since the lockdown. This augurs well for
the industry,” said Sudhir Pai, CEO, Magicbricks.


Hyderabad, Chennai and Bengaluru witnessed maximum price decline but least demand
drop indicating that homebuyers are active and looking for exciting deals even during the
crisis.




Read more at:
https://economictimes.indiatimes.com/industry/services/property-/-cstruction/magicbricks-reports-up-to-5-pc-dip-in-realty-prices-in-apr-jun-property-searches-down-27-pc/articleshow/76847890.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst


KAMA GROUP
New Delhi
Have a nice day
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