Residential sales surge by 47% year-on-year during Jan-Sept 2021
Robust sales traction in Q3 2021 drove year to date sales
Mumbai, September 30, 2021: Residential sales during January - September 2021 increased by 47% as compared to the same period last year across the top seven cities, according to JLL’s Residential Market Update – Q3 2021, released today. This implies that the second wave had limited impact on sales in the first three quarters of 2021. On a sequential basis, sales improved by 65% during Q3 2021. Sales got a boost from many factors including lower Covid-19 cases in Q3 backed by robust vaccination drive which led to cautious unlocking of the economy in various states.
Strong recovery in sales
|Growth (%) Q3 2020 over
|Growth (%) Q3 2021 over