Why Bengaluru’s Real Estate Market Defies the Trends?
Welcome to another captivating episode of “Keeping It Real by Housing.com”
In this episode, we uncover some surprising trends in the Housing market. A recent report by PropTiger.com shows that housing sales in India’s eight prime residential markets fell by 6% during April-June 2024, even with a slight decrease in new supply. Interestingly, while most cities saw a decline, Bengaluru’s sales increased by 30% and Delhi-NCR’s by 10%.
To help us understand these trends, we have Mr. Vikas Wadhawan, CFO of REA India and Business Head at PropTiger.com. In our discussion, we cover:
1. Market Sentiments and Political Influence: Vikas discusses the positive sentiments in the market and whether the political climate influenced a wait-and-watch approach among homebuyers.
2. Bengaluru’s Unique Trends: We explore why Bengaluru’s market behaviour stands out and which other markets show potential.
3. Future Outlook and Festive Season Expectations: Vikas shares his thoughts on upcoming developer launches and his expectations for the market during the festive season.Join us for this insightful discussion on the latest real estate trends in India!
2. Bengaluru’s Unique Trends: We explore why Bengaluru’s market behaviour stands out and which other markets show potential.
3. Future Outlook and Festive Season Expectations: Vikas shares his thoughts on upcoming developer launches and his expectations for the market during the festive season.Join us for this insightful discussion on the latest real estate trends in India!
