Affordable housing concept emerged as a ray of hope in India's residential realty market after economic recession, aiding its early recovery.
HDFC reports a revival in residential real estate prices, reversing a prior decline, with significant hikes noted in active markets across India.
As residential sales decline, real estate companies brace for a drop in profits, while the office market sees potential growth amidst economic recovery.
JLLM report predicts rising residential property prices in Mumbai and growth in commercial real estate demand until the end of 2010, supported by infrastructure projects.