Housing sales created new peaks in previous two election years ...Middle East

New Delhi:  Data trends indicate that in the previous two election years in 2014 and 2019, housing sales created new peaks, as per Anarock.Group. In 2014, sales in the top 7 cities scaled up to approximately 3.45 lakh units while new launches were the highest ever at nearly 5.45 lakh units. Likewise, in 2019, housing sales scaled up to approximately 2.61 lakh units while new launches increased to approximately 2.37 lakh units after a lull in the residential real estate market between 2016 and 2019. General elections and residential real estate appear closely linked, the previous two election years’ data trends indicate, Anarock said. Major structural reforms like Demonetisation, RERA, and G

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