Aug

India’s Home Sales Recover With Mumbai Vaulting to a 7-Year High

Sales bounce back after cash ban last year triggered slump
Across 8 major cities, sales climbed 6% from previous quarter

India’s home sales are staging a recovery from a slump last year, when the government suddenly canceled most of the nation’s currency to crack down on the shadow economy.

Sales in Mumbai, the nation’s financial capital, jumped to the highest in seven years in the second quarter, according to property consultancy Liases Foras Real Estate Rating & Research Pvt. Across eight major cities, sales gained 6 percent from the previous quarter…

Categories : Real Estate

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India’s Home Sales Recover With Mumbai Vaulting to a 7-Year High

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