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Fair valuations, rising prices augur well for realty sector returns

Select locations well connected to economic hubs, avoid over-leveraging

housing, real estate, luxury

Karthik Jerome
Housing prices across India’s top eight cities rose, on an average, by 8 per cent year-on-year in the first quarter of 2023. Six of these markets experienced double-digit price growth, with the highest increases observed in Delhi-National Capital Region (16 per cent), Kolkata (15 per cent), and Bengaluru (14 per cent), according to a recent report by CREDAI, Colliers India and Liases Foras.

Demand amid high loan rates

Prices stagnated across the country from 2015-16 and witnessed a correction during the Covid-19 pandemic. “These developments reshaped the relationship between property prices and purchasing power, thereby enhancing affordability. In India, which

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First Published: Jun 26 2023 | 8:25 PM IST

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