Realty projects sell out in days over low-interest rate, IT hiring – Business Standard News
Godrej Properties sold record 340 apartments worth Rs 580 crore in the second phase of the Noida project
Record low home loan interest rates, strong hiring, and salary growth in the IT sector have led to developers advancing launches to August-September 2021, successfully. New project launches by top developers, including Godrej Properties and Prestige Estates, have seen record sales within days.
Godrej Properties sold a record Rs 580-crore residential apartments on the first day of its launch of the forest-themed Godrej Woods project in Noida earlier this week. Godrej Properties said it had sold 340 houses having an area of more than half a million square feet on the first day of its launch, …
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