Some developers have started pushing apartment prices up after an anxious few months in which they jumped to affordable homes in a bit to shore up demand.
Builders are walking a tightrope between sustaining demand and tweaking up profit margins, but analysts say it is too early for prices to tighten.
The country’s second largest realtor Unitech has marginally increased prices of its ongoing residential projects in Gurgaon by up to 2%. 'We have increased per square ft prices for our under construction projects in Gurgaon by Rs 50. We will be prudently increasing prices,' Sanjay Chandra, managing director, Unitech said.