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Are buyers back in Indian real estate market?

With the improvement in macro-economic conditions as well as buyer affordability, real estate developers witnessed a stronger response to new launches. With the return of liquidity to the sector in the form of FDI, QIPs and bank loans the balance sheet position of realty players has started to improve . Over the last couple of months, several developers have launched properties across cities in the residential category, garnering a significant response from buyers. This has motivated builders to focus on the residential space, particularly on the affordable segment..
Industry experts give reasons like low interest rates, recovery in job markets, sensible pricing of new projects along with buyer affordability. Over the last couple of months, several developers have launched properties across cities in the residential category, garnering a significant response from buyers. Buyer interest has revived substantially as prices were slashed almost 20–40 % depending on project location, while the apartment size was reduced to bring a greater section of buyers into the fold. Over the past couple of months, there has been a slew of residential launches across the country, leading to higher absorption month on month.
 
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