August 3, 2023
Mr Rakesh Reddy, Director , Featured Article on Property Times Magazine
As more people try to enter the market, there will be a significant rise in housing demand as we anticipate a healthy economic environment for the rest of 2023. In conjunction with improvements in the employment market and rising levels of disposable income, India’s economic growth, which is anticipated to reach 8% in 2023–2024, is expected to increase housing demand. The Indian economy has shown extraordinary resilience in the face of global headwinds, and the real estate sector has followed this pattern as well.
Even though the possibility of further interest rate increases in 2023 is a legitimate concern, an increasing number of prospective homebuyers are choosing large premium real estate projects, particularly luxurious gated communities, and townships that can easily accommodate home offices and offer an abundance of greenery and open space. More significant demand for second homes and holiday properties has also been brought on by the widespread adoption of work-from-home and hybrid working arrangements.
Additionally, the government is working on critical infrastructure projects, such as building new motorways, airports, and metros, which will benefit the industry. These encouraging economic signs portend well for the housing market’s prospects in the second half of 2023.
Over the past year, there has been a notable increase in the number of integrated gated communities with a budget of Rs. 1 crore or more, and this trend shows no indications of abating. Such initiatives give inhabitants the chance to live in beautifully planned gated communities that are filled with cutting-edge amenities, lush green areas, and easy access to commercial hubs. This model has become a quickly expanding industry. The nuances and intricacies of the industry are consistently getting more ambitious, and our Director Mr Rakesh Reddy opens up about the same in a candid conversation with Property Magazine. Click on the link below to read it all.
Thank you for contacting us. We will get back to you
The content of this website is for general information purposes only. While enough care is taken by Aparna to ensure that information on the website is up to date, accurate and correct, readers are requested to contact the authorized sales representative before relying upon the same. In no event will Aparna offer any warranty on the information made available, or be liable for any loss or damage including without limitation, indirect or consequential loss or damage in connection with, the use of information in this website. By using or accessing the website, you agree with the Disclaimer without any qualification or limitation. Design, specifications, floor plans, brochures and interactive plans etc., are subject to change without prior notice. Computer generated images; walkthroughs and render images are the artist’s impression and are an indicative of the actual designs.
The contents of this website are meant to provide information to the readers of this website about ourselves including our various projects, various initiatives taken by us, CSR activities etc. They are only for general information and are subject to change. By no stretch of imagination, the information on the website shall be construed as an advertisement and/or invitation or offer for sale. To find out more about Projects/Developments, please call +91-40-23352708 or visit our Sales Office during working hours and get in touch with authorized Aparna Sales Representative. Please note that by sharing any of your contact details on the website, you are authorizing the Sales Response Team of Aparna (even if you are registered on the DND Registry) to provide information on our projects over Calls, SMS & Emails.