The residential segment will remain largely steady, and the commercial segment will exhibit strong growth. After a scorching run-up in the last two financial years, demand growth in the residential real estate segment is expected to show steady growth this financial year, supported by a stable interest rate environment and a positive outlook for the segment.
Growth is expected to be stable on the supply side as well. With a stable outlook for both demand and supply, the year-to-sales indicator for inventory will continue to remain favourable.
The fundamental drivers of demand remain positive. Reputed developers recorded steady growth in