We are happy to share our quarterly newsletter covering the major updates on various asset classes in real estate. Some of the key takeaways are below:
Bonanza year for residential market –
- CY23 sales reached all time high surpassing the previous peak of 2010 by 25%.
- CY23 launches was also the highest ever surpassing previous high in 2010.
- Pan India inventory (in terms of years to sell (YTS)) further declined to 2.1 years only
- While units priced more than INR 10MM has shown more traction, demand of units priced less than INR 10MM far outpaced their supply in CY23
Signs of green shoots in office leasing activity –
