CNBC - Sudden surge of investors in Indian real estate raises concerns of market distortion
The Indian residential real estate market is seeing a significant influx of investors, a trend that experts believe is crowding out genuine homebuyers and end-users. This trend raises concerns about a potential slowdown in sales and an unsustainable rise in property prices, which could make homes unaffordable for many.
Key markets such as the National Capital Region (NCR), particularly Noida and Gurugram, are seeing price increases of up to 20% year-on-year, which experts cite as evidence of an investor-driven market.
Experts add that there is visibly a slowdown in launches and the “frenzy surrounding bookings during these launches.”
