Real Estate Market To Touch New Heights In 2022

India’s real estate sector is increasing in demand in 2022 and this momentum is expected to uphold.  

A JLL report stated that in Q3 2021, residential sales saw an upward trajectory, increasing by 65% on a sequential basis and that this will continue. 

The industry will benefit furthermore from a regime of low-interest rates, duty waivers, realistic property pricing, etc. 

2021's real estate index rose by 75% and is the second-best performing sector index. Bolstered by historically-low loan rates and temporary stamp cuts, the real estate will flourish. 

2022 a significant year for real estate 

India's real estate sector will grow around 5% capital in 2022 in the residential segment. 

It is anticipated that sales momentum will increase in 2022 as prospective homebuyers prefer bigger deals with their benefits, and offline work will stabilize rent. Luxury housing markets will also flourish. 

The budget affect 

The Indian Government undertook many initiatives to incentivize real estate purchases. 

The government continuously prioritizes the affordable housing segment and simultaneously looks for ways to enhance the prevailing financing systems. 

Continuing growth 

NITI Aayog expects that the Indian real estate sector will value $1 trillion by 2030 and account for 13% of India’s GDP by 2025.