Skip to main content
  • Home  
  • News  
  • What Can an Aspiring Homebuyer Expect From the Real Estate Market in 2023?
Jul 23, 2023
Mr. Rakesh Reddy
Director , Featured Article on Construction Week Online

Over the past year, India’s residential real estate sector has advanced significantly. The sector outpaced the pre-pandemic momentum with strong growth in both launches and sales.  This accomplishment demonstrates the industry’s tenacity and overall significance as one of the fastest-growing sectors in the nation.

The real estate market is expected to continue growing through 2023, propelled by factors such as India’s potential to become a significant economic powerhouse, rising disposable incomes, rapid urbanization, and a constant rise in GDP per capita.

The financial market was heavily anticipating the Reserve Bank of India’s recent announcement that it will keep the repo rate at 6.50%. This choice was made in response to the slowing of consumer price inflation, and it is anticipated to temporarily ease the financial burden on retail borrowers, particularly those looking for home loans. 

The decision to maintain the status quo shows the central bank’s cautious approach to striking a balance between the goals of the nation’s economic growth and inflation management. However, the fact that real GDP growth for the years 2022–23 has outperformed original projections and is currently maintaining a healthy pace is a promising sign of impending rate reductions.

Elaborating the same and speaking further on the intricacies of it, our Director Mr Rakesh Reddy spoke with the infamous Construction Week online magazine. Click on the link below to read the whole article.

 

LINK

Share

RECENT NEWS

Aparna Constructions to Launch 4 Malls by 2027, Next Opening Slated for 2025
Aparna Constructions to Launch 4 Malls by 2027, Next Opening Slated for 2025

Aparna Constructions has been featured in an article by IndiaRetailing titled “Aparna Constructions to Launch 4 Malls by 2027, Next Opening Slated for 2025”.

In this piece, Rakesh Reddy, Director of Aparna Constructions, offers insights into the expansion of our portfolio. He discusses our ambiti

Aparna Constructions Launches Two Residential Gated Community Projects in Hyderabad!
Aparna Constructions Launches Two Residential Gated Community Projects in Hyderabad!

Aparna Constructions has been featured in multiple publications for launching two new luxury apartment projects in Hyderabad, Aparna Newlands and Aparna Sarovar Towers, with a total investment of Rs 2,425 crore.

Rakesh Reddy, Director at Aparna Constructions, offered insights into these ambitious

How India’s Real Estate Sector is Paving the Path to a $1 Trillion Market!
How India’s Real Estate Sector is Paving the Path to a $1 Trillion Market!

Mr. Rakesh Reddy, Director, Aparna Constructions, offers insights into the growth of India’s real estate sector in the article “Building the future: How India’s Real Estate Sector Is Paving The Path To A $1 Trillion Market,” published by EPC World.

In this article, he discusses the factors behind

Aparna Constructions’ Foray Into the Retail and Entertainment Segments is Another Monumental Step in Our Growth Trajectory
Aparna Constructions’ Foray Into the Retail and Entertainment Segments is Another Monumental Step in Our Growth Trajectory

Aparna Constructions has been featured in multiple publications for its recent investment of ₹ 284 crore for its foray into the retail and cinema business verticals.

Mr. Rakesh Reddy, Director of Aparna Constructions, offers insights into this strategic expansion, emphasizing our vision to divers

Smart Home Technology is Not About Just Comfort, Its About Crafting Personalized Living Experience
Smart Home Technology is Not About Just Comfort, Its About Crafting Personalized Living Experience

Aparna Constructions has been featured in Homes India Magazine in their article, titled “Future Trends in Smart Home Technology: What to Expect,” Which offers insights from Rakesh Reddy, Director, Aparna Constructions. He discusses the transformative impact of smart home technology in enhancing living