INSUBCONTINENT EXCLUSIVE:
New Delhi: The festive season has brought some cheer back to real estate developers, who said they have seen 15-25 per cent increase in
According to the Confederation of Real Estate Developers' Association of India (Credai), lot of projects were nearing completion and these
consultant Anarock said it noticed a 10-15 per cent rise in the number of property-related enquiries in the National Capital Region
comprising Delhi and its satellite cities.
The festive period around Diwali is the peak sales season in India as many believe it an
auspicious time to buy everything from gold to consumer durables and houses
While the real estate sector has been going through a tough phase for some time, industry insiders said recent government steps to boost the
low interest levels, the festive season saw buyer sentiment turn positive
Hiranandani, the president of the National Real Estate Development Council.
Real estate developer DLF, which launched a residential project
in Gurgaon during the festive season, said it took bookings worth more than Rs 700 crore on the first day of the launch
The value of homes sold in the top seven cities during July-September fell 17 per cent year-on-year to Rs 42,040 crore from Rs 50,535 crore
quarter (October-December), it is interesting to note that enquiries have increased
The focus of these home seekers is largely skewed towards Grade-A builders and for properties that are either ready-to-move-in or those
company Elara Technologies, growth during the festive season could be attributed to historical reasons, as people are more likely to invest
market dynamics, showing a greater interest towards project delivery than on new launches.