Housing Market May 2024 India. New home sales jumped by more than 10% last month to the highest level since may 2023, the census. — in the first quarter of 2024, india’s real estate market showcased a dynamic transformation, heralding a rise in luxury housing as a bright spot in the industry.
Steady rise in prices of homes over the last three years have begun to. Real estate sector in india is expected to reach us$ 1 trillion in market size by 2030, up from us$ 200 billion in 2021 and contribute 13% to the country’s gdp by 2025.