Prestige Group's Narayan On India's Property Market Pick-Up

The video discusses the strong performance of the residential real estate market, driven by increased demand for homes during the pandemic and low interest rates. It highlights the company's growth targets, achievements, and expansion into new geographies. The impact of rising commodity prices on project costs is addressed, along with strategies to manage these challenges. The demand for office space is also explored, noting the effects of increased vaccination rates. Finally, the video covers growth in specific cities and strategies to stay competitive in the market.

What has been a significant factor driving the demand for larger homes during the pandemic?

• Rise in commodity prices

• Increased need for home offices

• Higher home loan interest rates

• Decrease in residential sales

How do real estate developers handle cost increases for unsold inventory?

• They absorb the costs entirely

• They pass the costs to consumers

• They factor in price increases

• They halt the projects

What is a positive sign for the demand for office space?

• Higher commodity prices

• Increase in residential sales

• More people returning to offices

• Decrease in vaccination rates

Which cities are experiencing significant growth in commercial real estate?

• Chennai and Goa

• Bangalore and Hyderabad

• Mumbai and Kochi

• Delhi and Kolkata

What strategy is NOT mentioned as a way to stay ahead in the competitive Mumbai market?

• Competitive pricing

• Reducing project quality

• Timely delivery of projects

• Customer-centric practices

Which city is NOT mentioned as a location where the company is present?

• Bangalore

• Hyderabad

• Delhi

• Chennai

What is a key factor contributing to the growth of large real estate developers?

• Decrease in residential demand

• Consolidation in the market

• Increase in small players

• Higher commodity prices