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Brigade Group sees big uptick in commercial, residential space demand

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Brigade Group sees big uptick in commercial, residential space demand

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On both the residential and the commercial front there has been a really good pick up in terms of interest and volumes, said Pavitra Shankar of Brigade Group in an interview with CNBC-TV18.

On both the residential and the commercial front there has been a really good pick up in terms of interest and volumes, said Pavitra Shankar of Brigade Group in an interview with CNBC-TV18.
Customers are willing to pay a slight increase in prices to go with the trusted developer, she said.
Construction cost has increased by about 10 percent so far, she said.
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As the Russia-Ukraine crisis goes along, there will be some pressure on fuel prices as well. So for the short-term, she expects to see some pressure on the cost side, which may lead to price hikes in the future.
For the full interview, watch the accompanying video.
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