Gurugram, Bengaluru, Hyderabad among top cities for favourable housing sales: Experts2 min read . Updated: 21 Mar 2022, 11:17 AM IST
Experts estimate that the low-interest rate is there to stay for a couple of years. Thus the home buyers can apply for higher amount loans which broaden their choices to buy bigger homes
The Coronavirus had posed severe challenges in front of the entire real estate industry. Like a lot of other sectors, the real estate industry too was caught off guard by the wrath of the pandemic but following the second wave, it showed remarkable resilience. Dr. Atul Goel, MD, Goel Ganga Group & President (Elect.), NAREDCO Pune said, “the new launches came to halt but the demand was higher. However, 2021 was a game-changer for the sectors. As the world's largest vaccination drive gained momentum, the confidence for the reality as a sector rose and the financial year 2022-23 is now seen as the turnaround year for the sector which will lead to a robust boom for the industry."
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