BENGALURU: Southern cities have not only bucked the trend in property sales, but are also markedly ahead of their northern, western and eastern counterparts in project completions.

For all large projects launched and completed over the last decade, the average completion time was least in Bengaluru and Hyderabad, with around 5.5 years each. Chennai came close behind, with an average completion time of 5.6 years.

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7 reasons why South India continues to be the most preferred destination for real estate

The new policies implemented by the government have created structural changes in the Indian economy, and influenced by this, southern cities have become the focal point for future real estate developments.

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Real estate markets of Bengaluru and Pune to recover fast post COVID-19: Survey

The outbreak of COVID-19 has impacted real estate activities across the country, however had the least impact on the home buyers’ sentiment in the markets of Bengaluru and Pune, mentioned the latest Magicbricks COVID-19 Property Buyers Sentiment Survey.

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