Housing sales at 54,000 units in December quarter, at decadal high in 2022: JLL Report
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Below is Quote on JLL Report By Mr Saransh Trehan, Trehan Group and Mr. Pradeep Aggarwal, Signature Global
Mr Saransh Trehan, Managing Director, Trehan Group
''The good sign is that recent hikes in home loan interest rates have not impacted housing demand much. Interest rates are still in a comfort zone of sub 10% per annum and therefore we think the momentum in the real estate sector is likely to continue in the new year.''
Mr. Pradeep Aggarwal, Founder and Chairman, Signature Global
''Home buying scenario has changed significantly post covid. Most families now understand the importance of owning a house and this is why we are witnessing strong demand in the housing sector, across segments.
However, the sector needs support from the government so that the demand remains intact even in 2023. Home buyers and developers both are hopeful and expect home buyers’ friendly announcements in the upcoming budget.''
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