According to CREDAI, real estate sector is picking up in both residential and commercial sector. Both real estate sectors are getting more and more enquiries. Along with enquiries, demand in both sectors has also increased. However, there are various major and minor factors behind this, but two major factors are, affordable housing concept and reduction in home loan rates. Investors have more choice and offer these days.
Mr. Raj Menda, President of CREDAI-Karnatak announced a 2 day realty expo starting from 15th of this month. This realty expo will showcase 150 properties. During this announcement Mr. Menda said that there is a growth of 60% in March of this year as compared to December last year.