chennai the demand for spacious homes and second homes picked up in chennai in first half 2021 due to pandemicinduced work from home and the digital studying trends a report by a property consultant has found the rs 2550 lakh million and rs 5075 lakh ticketsize categories emerged as popular choices during this period according to knight frank india s half yearly report on india real estate january june 2021 released on thursday the citylevel average residential prices recorded a 2 dip in first half year of this year compared to the same period in 2020 it saidlaunches and sale of new housing units increased in the past six months between january and june this year when compared with the corresponding period of 2020 while the citys real estate market had sale of 2981 units in the first six months of last year it recorded 5751 units being marketed during the same period in 2021 according to the report chennai residential market witnessed a slow demand and supply momentum during the first half of this year due to a lull in the second quarter of 2021 however the market performed better this half year compared to the same period in 2020 owing to the low base of the second quarter of last year