The real-estate market is recovering and
showing signs of positive growth. According to a Reuters poll report, house
prices will grow on an average of 15 per cent across India in 2021. More than
50 per cent of Indians in metros believe the festival season, typically the
last quarter of the year, is appropriate for investing in real estate. Good
initiatives from the government concerning interest subsidies and affordable
housing loans are encouraging prospective customers. “We have witnessed an
increase in demand especially after the second wave and most building material
companies are also geared up for the ongoing festival season in the current
quarter,” says Dr Prashanth Reddy, Managing Director, Fundermax India, as he
shares his insights on the industry, the rising input costs of building
materials, and more, with SERAPHINA D’SOUZA.
