 "Residential property launches back on track as consumer sentiment improves")
In signs of green shoots in the real estate sector, several developers have lined up launches in the coming quarters, with consumer sentiment improving and construction activities getting back to normal.
Bengaluru-based Prestige Estates, which had put all its launches on hold after the Covid-19 outbreak, plans to start seven residential projects across south India during the second and third quarters. With these projects, the company is targeting to get back to the pre-Covid quarterly level of over Rs 1,000 crore of gross bookings and collections from the second quarter of 2020-21 onwards.
“Sales numbers in the second quarter will
