Industry Speaks

Overall residential markets are expected to witness stable capital values except for those projects which are over-leveraged and are unable to attract sales. Due to on-going infrastructure developments such as metro rail, mono rail, fly over, ring roads etc, in Mumbai, NCR, Chennai , Bengluru etc, the select locations here may witness healthy business activity

Sanjay Dutt,

Executive MD, South Asia

Cushman and Wakefield

Residential capital value will increase in a subdued range of 10-12% year-on-year, pan-India for the whole of the year 2014

Anuj Puri,

Chairman & Country Head,

Jones Lang LaSalle India

Market has turned from sellers to buyers with attractive offers across the range of projects. We expect the market to start upward momentum by the end of 2014 and suggest end users and investors to utilize this opportunity to book their homes as these offers would vanish once economy starts showing signs of recover

Brotin Banerjee,

CEO and MD, Tata Housing

The first three weeks in December have shown better sales than the previous month. This is an indication of the realisation that costs have gone very high thereby there is a very little possibility to reduce sale price

Lalit Kumar Jain,

Chairman, CREDAI

We expect the government to implement single-window and on-line approval system besides support in dealing with acute skill shortage

Sunil Mantri,

President, NAREDCO

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