The Indian real estate market suffered in the coronavirus pandemic but the third quarter of 2020 marks a turning point. The time has come after many years to invest as both macro and micro economic indicators favour the market, said analysts.
“Investors have remained bullish on the long-term prospects and voted with their deployments in the third quarter,” said Dr Samantak Das, chief economist and head of research and REIS (India), JLL.
“The interest rate is at a historic low. We are expecting a huge currency depreciation along with price inflation of 5-7%. The economy is ready to bounce back with (a)