Categories: Business

Residential upcycle continues to be strong

With physical assets gaining share in total Indian household savings again, the real estate sector is gaining steam especially with average pricing and average unit size sold inching up sequentially. Absorption of residential properties and inventory overhang also seen at prime health in more than a decade.

Also, considering the increasing urbanisation and developments beyond the core cities, India is expected to house around 70 cities with population exceeding 10 lakh by 2030, consequently boosting the prospects for real estate. 

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