Residential Sector to Drive Realty Growth
  • March 9, 2024
  • 0

[vc_row][vc_column][vc_column_text]We have seen a steady strengthening of the residential real estate cycle over the last three years with both volumes and pricing having meaningfully increased in 2023. Initially, the positive sentiment was aided by strong affordability as interest rates were at all-time lows in 2020 and 2021 and as property prices had remained flat through the eight-year down cycle from 2013 to 2020. In the post-pandemic era, the customer focus remains on evolving lifestyle preferences, and a desire for multifunctional and sustainable living spaces which have resulted in strong home sales across mid-premium, premium and high-end residential projects in India....

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