Realty business confidence makes a comeback as realtors, banks, PE firms optimistic
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While real estate activity in both residential and commercial segments saw an upturn following in the last few months, many were doubtful of the momentum after factoring the conversion of pent-up demand. The business confidence is witnessing a gradual comeback aided by the government’s supportive measures, record low interest rates and the resultant pick-up in end-user demand.
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MUMBAI: With improving indicators and the Indian economy’s gradual return to normalcy post the Covid19 pandemic, the uncertainty over sustainability of growth momentum in the real estate sector is getting replaced with rising business confidence among developers and financiers.
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