India Realty Sector: Rising Residential Sales Volume Drives Optimism, Says Nirmal Bang
People play cricket near a residential housing complex in suburb of Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

India Realty Sector: Rising Residential Sales Volume Drives Optimism, Says Nirmal Bang

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Nirmal Bang Report

In the recent past, we have interacted with property brokers and experts from the real estate sector.

In the past few months, there has been a strong growth in residential sales volume in Mumbai and Pune in Maharashtra and some other cities like NCR, Bangaluru and Hyderabad.

Some experts have opined that the worst is behind us and we are gradually moving towards a recovery.

However, there are other experts who have highlighted that the recovery in the residential vertical is expected to be only in terms of increase in sales volume for a few months.

Click on the attachment to read the full report:

Nirmal Bang Real Estate Sector Update-16 December 2020.pdf

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