Pune revived from the COVID hiatus with a 19-month reduction in gestation despite a 2X increment in new supply

The residential real estate market of Pune city is driven by affordable homes in the IT dominant residential pockets. Recovery from the impacts of Covid-19 is well underway as the sales in FY21-22 exceed the pre-Covid level (FY19-20) by 25%, and at the same time, unsold inventory has declined by 21%. The real estate sector […]