Residential Sales Residential sales resumed in the second half of June 21 and are back to levels seen on September 20 (50 percent of pre-Covid levels), with a strong rebound expected in H2FY22, similar to the pattern seen in FY21. In 2021, the market share of bigger, better-organized developers increased from 40% to more than…
As raw material costs rise, property prices rise
2021-06-07T10:55:55+05:30Raw material costs rise Prices of key raw material such as cement, iron, and steel are rising rapidly, adding to the problem. The second wave has thrown a spanner in the works for the real estate industry, just as it was recovering from last year’s onslaught of corona pandemic. Prices for these items have risen…