Indian Real Estate: A Visionary Leap into 2025
The Indian real estate sector in 2024 demonstrated remarkable growth in both residential and commercial spaces, driven by infrastructure advancements and rising aspirations. Key cities like Delhi-NCR led this surge, while Tier 2 cities emerged as new frontiers for luxury and sustainable living. The momentum is set to accelerate in 2025.
- Country:
- India
In 2024, the Indian real estate landscape was marked by resilience and transformative growth. Both residential and commercial sectors thrived, buoyed by infrastructure advancements and increasing aspirations of buyers. Cities like Delhi-NCR played a pivotal role in this development, marking significant milestones in luxury and sustainable living.
According to industry leaders, the demand for premium residences rose by 20%, especially in Delhi-NCR, fueled by infrastructure projects such as the Noida International Airport. 'The region became the epicenter for luxury real estate,' said Yukti Nagpal, Director of Gulshan Group, highlighting the delivery of Gulshan Dynasty as an epitome of opulence.
Similarly, the commercial real estate sector saw a 15% increase in Grade-A office space absorption. Gurugram led this surge, driven by strategic developments like the Dwarka Expressway. Experts predict that 2025 will bring further growth, with Tier 2 cities like Dehradun gaining momentum as emerging luxury housing destinations.
(With inputs from agencies.)
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