CREDAI Supporting Real Estate's Growth Momentum

Harsh Vardhan Patodia, National President, CREDAI

In FY 23, strong and favourable developments are anticipated to continue in the Indian real estate market, supported by a strong structural base, increased demand, and decreased house loan rates, says Harsh Vardhan Patodia, National President, CREDAI.

What is your outlook for the Real Estate Sector in FY 2023 and beyond?
The country’s real estate market was greatly affected by the Covid-19 pandemic. The residential sector was the worst hit as strict lockdown measures across major cities in India impacted housing sales; home registrations were suspended, and home loan disbursement was slow. However, the sector is in a recovering phase due to the increase in house sales, new project launches, and increasing demand for new office and commercial spaces.

🔒 This article is for subscribers only. Log in to read.

Subscribe for a Month @ ₹200/- Subscribe for a Year @ ₹1000/-