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Residential real estate sales decline 75% in April-June period; Mumbai records 70% drop

Updated : July 27, 2020 02:34 PM IST

While residential enquiries gradually increased to about 50 percent of the pre-COVID-19 times at the end of June 2020, sales remained low key.
The double whammy of NBFCs liquidity crisis and COVID-19 forced the developers to adopt a cautious stance towards new launches.
Residential real estate sales decline 75% in April-June period; Mumbai records 70% drop

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