Developers set up bumper -launches but run gently at prices

Copyright © HT Digital Streams Limit all rights reserved. The operating buffer is launched in FY26, but a note of care about home prices that most developers realize that the price of project will play a key role in the future and must be realistic to continue selling well. Summary property developers are ready for major residential launches this year and are confident that the demand for housing will remain strong. Bengaluru: Real estate developers have a pipeline for bumper launch in 2025-26 as they enter new micro markets, cities and even international markets. Housing sales and the launch of the project are slow in the recent quarters, but still property firms are confident that total demand remains strong for the launch of the project. If the inertia in sales could be attributed to rising property prices over the past 3-4 years, the most important factor behind the slower launch in FY25 approval delays. From luxury to middle income, plotted developments to townships, most developers have a diversified profile of projects waiting to launch the Chennai-based Casabland to start residential projects on four land packs in cities such as Bengaluru and its home market. This year it will also start its first project in Dubai, making its entry into an international market. Read more: Mint Primer: Why does PE investments fall into real estate in India? “We will launch projects with a gross development value of £ 15,000-18,000. In FY25, due to delays in approval, we could only launch projects worth £ 8,000-9,000 crore GDV,” says Arun Mn, founder and managing director CasAgrand. Long -term player, ‘said MN. The largest, which is developed in phases. The pricing of the projects will be decided on the basis of demand and supply in a specific micro-market, “said Bijay Agarwal, managing director of Sattva Group. As India’s residential sector crossed several sales mile poles to the pandemic, soil transactions increased as developers expanded as their core markets and product categories. Mumbai said it moved strategically in the redevelopment space with three projects in the western suburbs of the city. With Joint Venture Partners. The price factor that the Ashwin Sheth Group plans to launch 6-7 projects in the Super-Luxury, Premium and Mixed Use Categories in Mumbai, the country’s most valuable real estate market. In South Mumbai, it has projects with houses that are priced over £ 8-10 and £ 3-10 crore houses in upcoming developments. It also signed term pages for two projects in Bengaluru. “There is perhaps a complete flattening of sales, but if you have a good stock mix, they can cater for different customer profiles,” said Bhavik Bhandari, chief sales and marketing officer. The prices of house prices delayed sales in the January-March quarter. Sales fell 28% year-on-year to 93,280 units in seven cities, and the launches, according to Anarock data, fell by 10% to 1,00,020 units. Most developers realize that project prices will play a key role in the future and need to be realistic to continue selling well. Read more: Sobha disappoints in FY25; Prospects depend on the growth in the new markets that Casagrand’s MN says that the market movement is a little weak, it does not want to praise it too much. “A little less margin is good for developers,” he said. Last year, out of the 253 million square feet that will be introduced by listed developers, only 35% happened due to delays in approval. They have this great pipeline of launches that will take place this year. Major developers can continue to claim a price premium. However, middle -sized developers would be more careful, ‘said Anuj Puri, founder and chairman, Anarock Group, a real estate advice. Catch all the industry news, bank news and updates on live currency. Download the Mint News app to get daily market updates. More Topics #Real Estate Mint Specials