As per the Developer Sentiment Survey conducted by CREDAI, Colliers, and Liases Foras, about 58 per cent of the developers pan India expect housing prices to increase further in 2023. The rise in prices is likely to be led by robust demand for homes in the Indian market and at the same time, volatile key input costs. About 43 per cent of the developers saw a 10-20 per cent rise in project costs in 2022 compared to 2021 amidst rising input costs.
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