Invest in residential realty with at least a seven-year horizon: Experts

While market is on the mend, a steep increase in prices may not happen in near future

After about a decade, when sales were slow and housing prices largely stagnant, the market appears to be on the growth path once again. The big question before investors is whether after a long downturn, this is the start of a new upward cycle, and if they should enter this asset class now to reap the maximum benefit.    

Sales, prices picking up

Sales volumes are recovering.

According to Santhosh Kumar, vice chairman, ANAROCK Group: “In calendar year 2020, when Covid-19 was at its peak, 1.27 lakh new units were added across the top seven cities, while 1.38 lakh units