The national real estate market presents an intriguing picture. Lower volumes and flat pricing serve as dampeners. Sales bookings across the top ten markets have seen 6 per cent growth year-on-year (Y-o-Y) between April and August 2024, but sales volume is down 8 per cent Y-o-Y.  Unsold inventory is up. However, analysts believe the ongoing financial year (FY25) will be a record year due to strong traction from new launches.

Post-Covid-19, the sector witnessed a strong upswing in all top markets. Over FY21-24, 11 real estate majors saw an aggregated annual growth of 43 per cent. Guidance