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Festive season: Residential real estate sector witnesses robust demand

The festive season provides the one last thrust to residential real estate activity in India, according to Colliers India

Real estate
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Aneeka Chatterjee Bengaluru

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As Indians gear up to welcome the festive season with colour and lights, the residential real estate sector is witnessing robust demand from customers whose purchasing behaviour is often driven by auspicious timing and lucrative offers.

Real estate consultancy Colliers India stated that 2023 is likely to witness 20-30 per cent higher sales as compared to 2022. An Anarock Group report said that during the first half of 2019, 9 per cent of the buyers opted for luxury homes priced at over Rs 1.5 crore, while in the current edition of the first half of 2023, there has been a

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