Section

Luxury property frenzy set to drive up home prices in India: Reuters poll

By Economic Times - 2 weeks ago
Home prices in India are predicted to rise steadily, driven by demand for luxury properties from wealthy individuals. Affordable housing supply remains low, pushing many first-time buyers into renting. Experts forecast home prices to increase significantly in the coming years, despite a slow economic growth reach for the broader population. Rents in major cities are expected to rise faster than consumer inflation, adding pressure on urban dwellers.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.