Sakshamm R. Cheema’s Post

Indian Real Estate Market on the Rise: A Breakdown of Knight Frank Report. The Indian real estate sector is witnessing a significant resurgence, with key markets experiencing robust growth. According to a recent report by Knight Frank India, the country’s top eight cities saw a 19% increase in residential property sales in the first half of 2024 compared to the same period last year. This growth is largely driven by strong demand in the affordable and mid-segment housing categories. Interestingly, Tier-2 and Tier-3 cities are also emerging as new growth hubs, thanks to improved infrastructure, government incentives, and an increasing number of remote working professionals seeking more space outside of metropolitan areas. The report highlights that the commercial real estate segment is equally promising, with office space absorption levels rebounding close to pre-pandemic levels. The increased interest from both global and domestic investors is a testament to the sector's resilience and potential for long-term growth. With these trends, it’s clear that the Indian real estate market is not just recovering but evolving, offering new opportunities for investors across various segments. It’s an exciting time to be a part of this dynamic industry. For more detailed insights, check out the full report by Knight Frank India here: https://lnkd.in/dhuQJK9D #IndianRealEstate #RealEstateGrowth #InvestmentOpportunities #HousingMarket #CommercialRealEstate #EmergingMarkets #PropertyInvestment ---

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