{"id":67954,"date":"2023-04-28T12:29:36","date_gmt":"2023-04-28T06:59:36","guid":{"rendered":"https:\/\/navimumbaihouses.com\/blog\/?p=67954"},"modified":"2023-04-28T12:29:36","modified_gmt":"2023-04-28T06:59:36","slug":"economic-survey","status":"publish","type":"post","link":"https:\/\/navimumbaihouses.com\/blog\/news\/economic-survey\/","title":{"rendered":"Economic Survey: Firming Up Housing Prices"},"content":{"rendered":"

A recovery in the residential real estate market has been noted in the Economic Survey 2022\u20132023 (ES 2022\u20132023). The inventory turnaround period has significantly decreased, according to the yearly study. It also emphasizes a rise in the demand for mortgages and an expansion of the real estate market as a whole. Let’s analyses the real estate &\u00a0construction sector’s Economic Survey.<\/p>\n

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The Indian real estate market has done well in the current fiscal year despite rising interest rates and cost increases. According to the Economic Survey presented to the legislature, the number of new home launches, particularly in Q2, has surpassed that of Q2 in FY 2020. Additionally, there has been a notable rise in the disbursements of new mortgage loans.<\/p>\n

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Important conclusions from the Economic Survey 2022\u201323<\/h2>\n

Following the COVID-19 lockdowns, prices are currently increasing due to increased demand and a decrease in supplies.<\/p>\n