September 09, 2024: Mega developers have unveiled their plans to launch projects in major Tier-I cities in September, a month during which sales usually pick up, marking the beginning of the festive season in India.
In this backdrop, Institutional investors continue to demonstrate unwavering confidence in the residential segment. In H1 2024, institutional investors put $4.8 billion in India’s real estate— 33% of this money was invested in the residential segment, the second-highest after warehousing.
Meanwhile, Housing.com’s IRIS index for August shows top 8 tier-I cities dominate search trends.
At the same time, property prices in India’s key housing markets are anticipated to firm up in the coming months due to rising demand for luxury housing.
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