India Residential 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 Residential Outlook 2024, attempts to delve into the intricacies of the current market landscape and unveil the projected course of the sector in the upcoming quarters.

Our key projections for 2024: 

• India's residential real estate sector is forecast to maintain a robust trajectory in 2024, supported by strong underlying market fundamentals. Sales and new property launches are anticipated to remain buoyant, even in the face of potential market headwinds.

• Divergent asset pricing trends are likely to emerge across various markets. However, the premium and luxury residential segments, priced at INR 2 crore and above, are expected to continue thriving as discerning buyers prioritise spacious accommodations with convenient access to essential support infrastructure.

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