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MMR Unsold Inventory Overhang Dips to 43 Months in Q2 2021 From 55 Months in 2020

Unsold housing inventory in MMR overhang back nearly at 2015 levels (42 months) amid rising sales; In contrast to other cities, MMR saw the maximum (of 6%) yearly decline in overall unsold stock – from approx. 2.10 lakh units as on Q2 2020 to approx. 1.97 lakh units as on Q2 2021; Stamp duty cuts, lowest-best home loan interest rates, developer discounts & offers helped MMR sell ~58,170 units in the Covid-19 pandemic period (Q2 2020 to Q2 2021)