Property consultant Homekey has announced that it is witnessing a healthy sales turnover in NCR’s real estate market and recovering at a fast pace post-pandemic.
It has registered a growth of over 150 per cent in sale of properties during the quarter Nov 20 – Jan 2021 as compared to the Aug 2020 – Oct 2020 quarter.
The consultant sold properties worth Rs 30 crore between August 2020 and October 2020, an approx. 75,000 sqft residential and commercial area, which also includes more than 50 residential units. The figures went up in the period November 2020 to January 2021, when it registered sales worth Rs 75 crore by selling approx. 1.5 Lakh sqft residential and commercial area including over 100 residential units.
Arfeen Ahmed, Director, Homekey, said, “Post-pandemic, the demand is picking up pace. The revenue figures are a clear indication that people are now valuing real estate assets. It is a matter of few months now for the real estate sector to be back to the pre-COVID sales.”