The Economic Times-2025 Outlook: Buying a home in 2025? Here's how property market can shape up
As 2024 draws to a close, the Indian real estate market continues to exhibit robust performance across all major sectors. Luxury housing, in particular, has shown tremendous growth with prices witnessing major spurts.
The housing property market continues to remain on a strong footing, with the year 2024 expected to end as the best year ever in terms of the sector’s performance across the top seven cities, led by steady economic growth and infrastructure improvements driving increased urbanization and sustained demand. Housing sales have remained healthy and hit a new peak during January-September period this year with close to 230,000 homes across the top seven cities worth Rs 380,000 crore already sold, as per a JLL India study. This translates into 363.2 million sq ft of space sold in the first nine months and with this, the outlook for the next year also remains robust.
