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Expert analysis on anticipating trends in the real estate market in 2024

Indian real estate has seen a robust growth rate in the past couple of years, with an increase in property evaluation and rates

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The real estate sector is poised for robust growth in 2024, driven by various factors that signal a positive trajectory for the industry. Economic recovery from the challenges of the past few years has instilled confidence in both consumers and investors, creating a favourable environment for real estate expansion.

While talking about the real estate sector’s growth prospects in 2024, Jash Panchamia, Management, Suraksha Group, shared, "The real estate market outlook for 2024 appears highly promising, propelled by evolving consumer preferences and economic dynamics. An escalating demand for larger living spaces, coupled with a burgeoning interest in luxury underscores a shift in lifestyle priorities and increasing demand for affordable housing highlights growth. Consequently, the real estate sector, which contributes significantly to India's GDP and registered heightened activity in 2018, will continue to grow in 2024."

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