Maharashtra Chamber of Housing Industry in Thane says Rs 600 crore generated in revenue
After two years of the Covid-19 pandemic throwing curve balls at the real estate sector, it seems vibrancy has returned in Thane. The district branch of the Maharashtra Chamber of Housing Industry (MCHI) has said that 500 houses were booked on the occasion of Dussehra on October 5, generating a revenue of Rs600 crore for builders. The MCHI said this is 25% more than 2021 Dussehra. MCHI Thane president Jitendra Mehta said, “Not just real estate, even other sectors were affected by Covid, but the market has started to improve. For Dussehra, builders offered discounts to new home buyers. They offered a scheme of paying 10% right away and 90% later. A few also offered gold coins and discounts on parking and GST, which were readily availed.”
https://www.freepressjournal.in/mumbai/bright-dussehra-for-real-estate-500-houses-sold-in-thane
Source: The Free Press Journal
