New Delhi, May 11, 2024: The Indian real estate market has already witnessed an unprecedented surge in recent times, surpassing all expectations and setting new records supported by an increasing appreciation for homeownership. However, festivals and auspicious days have always been preferred for making important purchase decisions and most homebuyers wait for such favourable days like Akshaya Tritiya to buy their dream home. The market is very positive, and we are witnessing an increase in the number of enquires too. Customer confidence and market sentiments have strengthened due to a positive atmosphere and most importantly, due to the acknowledgment of real estate as an asset that is a guarantor of a secured future. This sense of security has encouraged many first-time home buyers to also enter the market. The conscious consumer shift towards quality, high growth locations, amenities and lifestyle are some of the strongest trends that have been reshaped and will materialise in the future. The Indian real estate sector is experiencing a significant evolution, largely driven by the rapid growth of the nation’s middle class, along with rapid urbanisation which is fuelling the demand for affordable luxury housing. As we march ahead, it can be said that the Indian real estate sector, central to the economy and supporting numerous industries, is set for sustained growth.
Corporate Comm India (CCI Newswire)
