23 Sep Home bookings pick up ahead of festive season
Posted at 13:29h
in 2024
City-based developers are expecting robust demand from homebuyers in the upcoming festive season, after a tepid April-Sept period of 2024. This season is also crucial for the real estate sector as it makes up a significant portion of their annual sales.
However, the sales may see some momentum also if the overall conditions are lucrative such as the RBI’s rate cut in its next monetary policy – it is expected given that inflation is currently under control. This will boost homebuyer sentiments,” said, Santhosh Kumar, vice chairman of Anarock Group.