Ind-Ra expects the prices to have been higher 22 per cent year-on-year at end-2023-24 and would be subdued at around 5 per cent for 2024-25, due to the base effect and large amount of new launches planned.
Housing demand in India scaled up and prices across the top eight cities surged by about 20 per cent during 2021-2023. As per a report put out jointly by Colliers, Credai, and Liases Foras, homebuyer confidence was aided by a favourable interest rate cycle coupled with a positive economic ou