India's real estate market sees surge in land transactions, driven by luxury living demand, with 58% increase in land deals since 2022, and growing traction in Tier 2 and 3 cities.
Ahmedabad's Luxury Market Thrives as Joint Families Opt for 5-6 BHK Flats
Centrum Broking predicts a 30-35% decline in India's residential property prices, with Mumbai expected to fare better, possibly experiencing a reduction of 20-30% by April 2009.