Apartment sale at 15-yr high in THESE 7 cities in Jan-Jun: JLL India
₹1 crore, rose by 50% during the January-June period to 50,132 units as against 33,477 units in the year-ago period across seven major cities on better demand for luxury properties, news agency PTI reported. The sales data included only apartments and excludes sales of rowhouses, villas, and plots, the JLL India said. The JLL said the overall, sales of apartments increased 21% in January-June across seven major cities to 1,26,500 units as against 1,04,926 units in the year-ago period. The overall January-June sales data is highest in 15 years in the first half of a year, the real estate consultant stressed.
\The JLL said sales of apartments, priced above ₹1.5 crore, went up 21% to 26,011 units during January-June this year from 18,993 units in the year-ago period. The share of luxury flats in overall sales increased to 21% from 18% last year. ₹1-1.5 crore category registered the highest sales record of up 67% during January-June this year.
The category registered a sale of 24,121 units from 14,484 during the period, increasing the share in total sales to 19% from 14%. According to the JLL data, sales of flats, costing ₹75 lakh-1crore, rose 25% to 21,848 units from 17,529 units. In the total sales, share of flats in this price bracket remained flat at 17%.
In the ₹50-75 lakh price category, sales of apartments rose 4% to 30,125 units from 28,933 units. The share of mid-segment in total sales dropped to 24% from 28%. In the ₹50-75 lakh price category, sales of apartments rose 4% to 30,125 units from 28,933 units.
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