Around 58 pc builders expect housing prices to rise further in 2023: Survey

Courtesy: The Economic Times
Posted on: 2023-01-16
Around 58 pc builders expect housing prices to rise further in 2023: Survey

Around 58 per cent of developers expect housing prices to increase this year because of rise in input costs, while 32 per cent builders feel it will remain stable, according to a survey. According to the 'Real Estate Developers Sentiment Survey', by Realtors apex body CREDAI, real estate consultant Colliers India and property research firm Liases Foras, 43 per cent of developers expect residential demand to remain stable in 2023, while 31 per cent feel the demand would increase up to 25 per cent ..

As many as 341 real estate developers from various parts of the country participated in the joint survey conducted during the last two months..