Gurgaon flat sales drop by a massive 63% in March quarter: Report

Housing sales declined 27 per cent to 55,138 units during the first three months of the calendar year 2020 from 75,534 units in the year-ago period across nine major cities

IT city Gurugram in Haryana witnessed the highest drop of 63 per cent in housing sales during the January-March period of this year, on poor demand amid the lockdown to check coronavirus disease, according to a report by data analytic firm PropEquity.

Housing sales declined 27 per cent to 55,138 units during the first three months of the calendar year 2020 from 75,534 units in the year-ago period across nine major cities — Gurugram, Noida, Mumbai, Thane, Bengaluru, Kolkata, Chennai, Pune and Hyderabad.