India Economy Outlook 2024

As we embark on a new fiscal year, we at CBRE acknowledge the Indian real estate sector's ongoing growth trajectory, a testament to its inherent strength. This resilience positions the market to navigate the macroeconomic headwinds and emerge with continued strength in 2024. Our comprehensive report, the India Economy Outlook 2024, attempts to delve into the intricacies of the current economic landscape and unveil the projected course in the upcoming quarters.

Our key projections for 2024: 

• India's strong economic fundamentals, characterized by a narrowing current account deficit, record foreign exchange reserves, and a sound fiscal position, present a favourable environment for real estate growth. The government's commitment to fiscal discipline and the central bank's prudent monetary policy establishes a solid foundation for continued expansion.

• Additionally, targeted government initiatives are anticipated to stimulate a new capital expenditure cycle, further strengthening the market.

To delve deeper into our projections, click on the download button.