Real estate present
reviews of 2013 and outlook for 2014
Mr.Aman Agarwal,
Director, K.V. Developers
2013 was a tough year
for real estate. Q1 was a bit slow for the sector but things started to move in
Q2 with increasing demand. Industry saw some new launches in the Delhi - NCR
region.
There were some
favorable moves by the government to ensure transparency in the sector with the
Regulatory Bills and REITs which will help all our stakeholders to evolve
positively in coming years. The reforms have further strengthened the
sentiments of buyers, investors and developers towards the market.
 |
| Aman Agarwal, Director, K.V. Developers |
The demand is expected
to increase in the coming 4 to 5 months. Delhi-NCR will see an upsurge in the
queries getting converted into actual sales. Demand for affordable and
mid-income housing segment will increase and places such as Greater Noida and
Sohna Road will witness robust development activities.
I think the upcoming
general elections will also play a key role in the realty market with buyers
expected to wait for the new government and price corrections to happen as the
market is sentiment driven. But overall, the year promises to be a good one for
the developers and buyers as well with demand expected to overcome the supply
in the NCR.
K V Developers Pvt. Ltd
A-19 Sector -16,
GAUTAM BUDDH NAGAR,
Noida -201301
Toll free: 1800-200-1707
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