New Launches, Diversification Are This Year's Trends

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To get a sneak peek into the minds of India's top real estate developers, CREDAI recently concluded a survey of builders hailing from 21 states, including our 8 tier-1 cities. 

The Annual Real Estate Developers Sentiment Survey 2022

Short sips from the report

📎 Around 35% of builders surveyed expect property prices to rise by 10-20%, 25% of builders foresee up to a 10% hike in rates, and 21% expect property prices to rise in the range of 20 - 30%.

📎 92% of the builders surveyed said they were planning new launches in 2022.

📎 65% of builders want to explore new business models like co-working and co-living this year.

📎 74% of builders want more ease of doing business. 

📎 55% cent are expected to adopt virtual reality in their business in 2022.

Word On The Street

🎙 “Most of the developers are focusing on digital transformation which has led to an increase in online sales for at least 55% of them, and are adopting new technologies like VR...." 

"Interestingly, 39% of the developers are doing 25% sales online which we think will increase substantially this year.”, said CREDAI's National President.