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Lok Sabha elections 2024: Will the housing market create another peak in 2024?

ANAROCK Group's analysis reveals a strong correlation between the Lok Sabha elections and India's residential real estate market - with a surge in real estate activity during the past two elections (2014 and 2019).

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Representative Image/ Pic/iStock

Representative Image/ Pic/iStock

India's residential real estate market, which has historically demonstrated a remarkable link with election cycles, comes under scrutiny once again as the country prepares for another round of general elections. 

General elections and residential real estate appear closely linked – at least, that is what the previous two election years’ data trends indicate. There is a striking correlation between Lok Sabha elections and India's residential real estate market, according to an analysis by ANAROCK Group. Data from the past two elections (2014 and 2019) shows a surge in residential real estate activity.

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