In Q1 2024, India's real estate Current Sentiment Index Score reached a decadal high of 72, driven by stable economic fundamentals, post-pandemic momentum, and increased transaction volumes.
India's real estate sector is thriving, with the Current Sentiment Index Score reaching a decadal high of 72 in Q1 2024. Stable economic fundamentals, post-pandemic momentum, and increased transaction volumes have contributed to the surge in confidence in both residential and office markets. The Future Sentiment score also rose, indicating a positive outlook for the sector in the coming months. The sale of residential units and office transaction volumes have increased by 9% and 43% respectively on a YoY basis from Q1 2023 to Q1 2024.
May 20, 2024
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