With end users wishing to acquire property and existing owners upgrading, developers nationwide have observed an increase in demand throughout the holiday season, particularly in tier 2 cities and vacation locations. New locations such as Panchkula, Meerut, Karnal, and Panipat are seeing a sharp increase in demand for residential real estate.
Vikram Puri, the MD of Archer Hospitality, the proprietor of The Astor Kolkata, is set to expand the Astor brand, after more than two decades of overseeing a single hotel property.
Festive fervour to perk up real estate despite rising property prices financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Developers from Delhi-NCR are increasingly investing in Goa due to rising demand for second homes and commercial spaces. DLF, Axon, Sabh Infra, Veera group, and others have announced or are in the process of announcing projects in the tourist destination.