India's Real Estate Market: Poised for Growth in 2025
India's housing market is anticipated to exhibit a modest single-digit price rise in 2025. Following a significant growth in the previous years, experts predict developers will increase new supply to align with demand. Key factors include expected cuts in repo rates and government incentives in the budget.
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The Indian real estate market is expected to register a modest single-digit price rise in 2025, following a significant 21% appreciation last year. Industry experts foresee developers ramping up new supply to meet rising demand.
Key developments include anticipated repo rate cuts by the RBI, enabling banks to lower home loan interest rates, along with possible government incentives in the impending budget. This move aims to revive the affordable housing segment, which has seen dwindling interest in recent years.
Real estate sales across major cities dipped for the first time post-pandemic in 2024 as elevated prices and borrowing costs dampened buyer enthusiasm. Industry leaders remain optimistic about overcoming policy barriers to fully unleash the sector's growth potential.
(With inputs from agencies.)