Real Estate Developer Builder Expect Housing Price To Rise In 2023

Housing Prices To Rise In India 2023: The main objective of investing in the housing sector is to earn profit and use it for a long time. Indians see this investment as a safe investment. At the same time, builders also have to focus on increasing the investment of people in their projects. With this, more and more buyers can be found for their project. And he can complete it on time. A survey conducted in the housing sector has revealed that there may be an increase in the prices of housing this year. Know what is coming out in the survey related to this…

builders expect an increase

According to this survey, which came in media reports, 58 percent of the builders in India have expressed hope on the increase in housing prices in this year (2023). Also, 32 percent builders believe that these prices will remain stable. This is Real Estate Developers Sentiment Survey. In this realty sector realtors Apex body CREDAI, real estate consultant Colliers India and property research firm Liaises Foras have also been included.

Rent will increase by 25 percent

On the other hand, 31 percent believe that there is a 25 percent increase in the fare. 341 real estate developers from different parts of the country have participated in the joint survey conducted in the last 2 months. Along with this, he has also kept his opinion and demand.

58 percent expected to grow

According to media reports, 58 percent of the country’s builders believe that in 2023, due to cost increase, increase in housing prices has been seen. The survey revealed that around 32 per cent developers are of the view that the prices are likely to remain stable.

Growth came after Corona

Corona Pandemic in the country has proved bad for real estate in 2020-21. In these two years, the builders did not get much due to the closure of the market. But last year in 2022, this sector suddenly gained momentum, and now in 2023 good growth is being expected. Many companies working in real estate made a good hold among the public in the market with their products, as well as did excellent business. Talking about housing prices, there has been a good increase in the last few quarters.

read this also – Salary Hike In India: How much can your salary increase this year? Revealed in this report