The Resilience and Rise of Real Estate: Unveiling the investment landscape in 2024

financialexpress.com:

2023 was a stupendous year for Indian realty as the sector recorded a hefty 2.5 billion dollars worth of investments. And it’s only getting better. By 2030, the Indian real estate sector is slated to register the coveted ‘one trillion dollar’ mark. Having emerged as the proverbial juggernaut this year, the country’s real estate industry continues to gallop at a tremendous pace. It has fast cemented its position as the largest and most lucrative sector for investors.

However, this significantly upward motion can be assigned to a myriad of factors. These include sizable NRI investments, strategic policy changes, and impressive capital appreciation. As we focus on the dynamic fabric of the real estate market (replete with its inherent fluctuations and shifts), we find that the upcoming year will raise the progress bar even higher, setting the grounds for further growth.

The steady influx of investments from non-resident Indians stationed access the globe is one of the major factors behind the real estate boom witnessed in 2023. With a renewed interest in their homeland, NRIs are increasingly considering real estate as a secure and high-return investment option. The seamless integration of technology, combined with a transparent regulatory framework, has simplified the process for NRIs to navigate the real estate market remotely. This has, undoubtedly, offshooted a considerable rise in investments.

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The real estate landscape witnessed a paradigm shift in 2023, thanks to strategic policy changes that have fostered a more conducive environment for both investors and developers. Governments around the globe have introduced measures to expedite