2024- Favourable conditions for transforming Indian real estate.

By Shravan Gupta.

Shravan Gupta MGF Executive Vice Chairman and Managing Director at Emaar

Mumbai: A dominant Indian real estate market cannot be undermined any longer. Market experts feel the real estate is on the brink of revival and upheaval and will reach new heights in 2024 in India. This has boosted the sentiment amongst builders and buyers. In 2024, realty growth will be fuelled by factors like economic stability, new sales and the buying sentiment. A trend that is already visible in metropolitan cities like Mumbai, Delhi, Bengaluru and tier 2 and 3 cities with the construction of bigger and newer apartment complexes, malls and offices. Experts like Shravan Gupta of the MGF Group feel the desire for home ownership has emerged as a favourable condition for the revival of the realty segment.

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