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Supply-side reforms ensuring timely delivery of homes
We expect the festive season lasting till December, to remain robust as the demand for homes will continue. COVID – 19 has conclusively altered sentiments in favor of home ownership and with supply-side reforms ensuring timely delivery of homes, there is confidence amongst home buyers to purchase a house.
Despite the increase in home loan rates over the last six months, these are still lower than those in the pre-covid times. This is a sentiment booster for home buyers. But should home loan rates continue to rise, there will be a likely erosion of sentiments, especially in the price-sensitive categories of INR 25 lakhs and below.