The future of property prices and housing demand in India.
The Indian property market is expected to experience prolonged expansion this year due to consistent housing demand, as per Boman Irani, chief of the Confederation of Real Estate Developers’ Associations of India (CREDAI). In his latest industry forecast, Irani highlighted the robustness of the sector and anticipated that real estate prices would increase at a pace surpassing the inflation rate, fueled by ongoing demand and advantageous market scenarios.The Indian real estate sector is poised for continued growth this year as housing demand continues to remain strong, according to Boman Irani, president of the Confederation of Real Estate Developers’ Associations of…