Issued by: Hindustan Times | Naresh Kamath | 09 September 2020
Potential buyers have deserted the market in the backdrop of the Covid-19 crisis. This can be illustrated by the massive drop in sales in both Mumbai as well as MMR during the Covid-19 period. In Mumbai, 1,611 apartments were sold from April to June, compared to 4,460 sold from January to March 2020. Similarly, in MMR, the period between April and June saw 6,396 transactions, compared to January-March where the number of sales clocked 16,794.