DLF is reported to have said in its quarterly annual call recently that it is likely to increase prices of select residential properties by about 5% this fiscal. This has forced some developers to increase prices," said Hitesh Singla, co-founder and chief investment officer, Square Yards. Varying price rise: Price rise is not happening uniformly across the board. Listed big developers have seen good demand compared with smaller developers, and, therefore, are able to increase prices. This helped large, listed players report healthy sales and collections in recent years, despite the prevailing liquidity crisis and unfavourable supply-demand dynamics.

Source: Mint August 08, 2021 19:39 UTC