Last year home prices went up by 4-15 percent because of higher input costs faced by developers. Though steel and cement prices have since cooled off, buyers would likely have to embrace another hike in home prices this year.
Last year home prices went up by 4-15 percent because of higher input costs faced by developers. Though steel and cement prices have since cooled off, buyers would likely have to embrace another hike in home prices this year.
Rising mortgage and property rates notwithstanding, India's residential market is expected to maintain demand momentum this year with home sales and new launches likely to break a ten-year trend to cross the 200,000 units mark, according to CBRE's latest report.
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