Despite economic hurdles like steady repo rates at 5.5% and increasing home loan EMIs, Mumbai's top micro-markets see property prices rise 8-10% yearly, per Knight Frank India. A Reuters poll forecasts urban home prices growing 6.3% in 2025 and 7% in 2026, surpassing salary increases in many areas.
RBI introduces relaxed Loan-to-Value ratios, priority sector norms, and RERA compliance to enhance home loan accessibility in Mumbai's real estate recovery.
Office space demand in India is projected to reach 30.5 million sq. ft. in 2013, a 12% year-over-year increase, driven by improving global economy, increased FDI, and revised repo rates.
According to CBRE, the Indian residential market saw significant price increases in 2009-2011, followed by stagnation in the latter half of 2011 due to multiple factors.