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  • Land & Regulatory Issues: Delay in clearances, disputes, unauthorized constructions, inconsistent RERA enforcement can be big hurdles.
  • Cost Pressures: Rising costs of construction materials, labor, regulatory compliance, sustainability features can make affordable housing harder unless scale or subsidies help.
  • Interest Rates & Financing: If interest rates go up, demand can slow (mortgages become costlier). Also, availability of financing for developers matters.
  • Supply Overhang in Certain Segments: In luxury/premium segments in some cities, there is risk that supply may outpace demand. Inventory lying unsold or under‑utilised can reduce returns.
  • Changing Preferences: Buyers want better amenities, sustainability, tech integration. Developers who don’t adapt may be left behind.
  • Macroeconomic Risks: Inflation, policy changes, global financial shocks, etc., can impact investment and demand.

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