Housing demand continues to drive market growth according to CREDAI
The Indian real estate market is set for ongoing expansion this year due to persistent housing demand, according to Boman Irani, the president of the Confederation of Real Estate Developers’ Associations of India (CREDAI). In a recent industry forecast, Irani highlighted the sector's robustness and anticipated that property values would increase at a rate surpassing inflation, fueled by consistent demand and positive market circumstances.Driven by economic revival and rising ambitions among homebuyers, India's real estate market has witnessed a significant rebound over recent years. Despite worldwide economic fluctuations, the industry has stayed a fundamental element of the nation's economic expansion,…