moneycontrol.com-A bumper year for residential real estate, but affordable housing woes may persist in 2025
2024 has been one of the best years for the residential real estate sector, with pre-sales worth Rs 5.1 lakh crore expected to be generated by the end of the year across the top seven cities, according to a report from consulting firm JLL.
However, analysts have noted that despite sky-high pre-sale amounts and a decent, 10-11 percent growth in home prices, the increase in square footage has been limited. This points to growth focused on high-end homes, while stress in affordable and mid-ticket homes is likely to persist into 2025, unless the Reserve Bank of India eases its monetary policy and inflation decreases.
