Realty market signals steady outlook as developers recalibrate supply, buyers stay active

Economic Times
Economic Times
2h ago 1 view
India's real estate sector is stable, with developers adjusting supply and buyers remaining active. This reflects confidence in the economy despite external pressures.
Realty market signals steady outlook as developers recalibrate supply, buyers stay active
A What happened
The Indian real estate sector is currently exhibiting a steady outlook, as highlighted by a Knight Frank-NAREDCO assessment. Developers are adjusting their supply strategies to avoid excess inventory, particularly in lower-ticket housing. The market is buoyed by a stable interest-rate environment and easing inflation, which have fostered confidence among buyers and investors. The sentiment score for the market has improved, indicating optimism for future transactions. Key regions like the southern part of India are showing strong demand, particularly in cities like Bengaluru and Hyderabad. The premium housing segment remains robust, while office leasing is also on the rise. Overall, the market reflects resilience and adaptability, with stakeholders expecting continued stability in the coming months.

Key insights

  • 1

    Stable Financing Conditions

    Lower interest rates and easing inflation support market confidence.

  • 2

    Strong Demand in Premium Housing

    Healthy activity in premium residential segments drives optimism.

  • 3

    Regional Variations

    Southern India shows the highest optimism, with strong office activity.

Takeaways

The Indian real estate market is poised for continued growth, driven by stable demand and strategic supply adjustments by developers. Confidence remains high among stakeholders, suggesting a resilient outlook.

Topics

Real Estate Economy Society