P. Praveen Kumar, Pondicherry University, Kalapet, India
R. Kasilingam, Pondicherry University, Kalapet, India

Real estate industry is one of the booming industries in India. The real estate prices are driven by many factors in the country. The industry is more amenable to the changing environment. In other words growth rate in real estate industry changes according to changing environment. In order to study the factors which are influencing real estate prices the present study is carried out. This study attempts to find out the impact of demographic, economic and lifestyle indicators of India on residential prices. Forecasting of real estate prices growth rate is also carried out in this study. The study finds that all the independent factors have influence on real estate prices but lifestyle indicator (number of new passenger car registrations) has independent and significant influence on real estate prices. From the study, it is also clear that there will be rise in real estate price in future.

Keywords: Real Estate prices in India, Growth rate in real estate prices, Factors determining real estate prices

Suggested citation: Kumar, P,P &. Kasilingam, R. (2012)Impact Of Economic And Life Style Factors On Real Estate Prices In India. Skyline Business Journal, Volume 8, Issue 1, pp 45-49.

Kumar, P,P &. Kasilingam, R. (2012)Impact Of Economic And Life Style Factors On Real Estate Prices In India. Skyline Business Journal, Volume 8, Issue 1, pp 45-49.