In the upcoming years, India is poised to surpass global markets, with a projected growth rate soaring between 7 percent to 10 percent. This robust economic performance is expected to significantly benefit the real estate sector, which shares a close correlation with the overall economic health.
The sector has been reignited by a combination of factors including a drop in property prices, decreased interest rates, and a stabilized job market. Recognizing that affordability is crucial for enticing potential buyers, developers have shifted their strategies to emphasize smaller-sized apartments. This approach has led to the successful launch of projects within this segment, which have received an overwhelmingly positive response; it seems that home-buyers have been eagerly awaiting an opportune moment to make their investments.