Anagh Pal11 Dec 2023, 17:50
In 2023, developers have displayed a bullish approach towards new project launches, directly responding to the rising demand for residential spaces and the swift uptake by buyers, according to NoBroker, a property search portal.During this period, property values experienced their most significant surge in a decade, due to several factors including a scarcity in inventory, buyers' preference for home ownership, infrastructure enhancements, better connectivity, and overall economic expansion in these urban centres. A shift has occurred in the buyer demographic, with a larger proportion of first-time homebuyers entering the market.