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Festive fervour to perk up real estate, boost housing sales
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Spurred by record low interest rates, stable housing prices, stable employment scenario and growing homeownership sentiment, residential sales and new launches have surged in recent months. As per a recent report by PropTiger.com, for instance, home sales and new launches have both shown a significant improvement during July and September 2021, indicating that a turnaround for the realty sector might be around the corner.
In fact, a total of 55,907 new housing units were sold in India’s eight
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