Real estate developers line up offers for festive season

Real estate developers are betting big on the festive season and lined up launched to ensure enough supply as demand for homes have gone up due to Covid.
Developers said that pandemic has reaffirmed the significance of homeownership and provided a fillip to the demand for spacious homes endowed with best-in-class amenities.
With housing prices remaining stable over the last few years, it is a good opportunity for both end user customers and investors to enter the market and purchase residential properties.
“The real estate market has had its share of ups and down post the pandemic and we are banking on the festive season, which starts from October will bring cheer to the segment. In terms of sales, the year 2021 has been great for the developers,” said Aditya Kushwaha, CEO and Director Axis Ecorp.
Despite the second wave, there was a 67% jump in sales in the residential real estate sector in the first half of 2021.