Realty: How Far Will It Rise?

Housing Demand at Inflection Point

Real estate developers are reporting record presales. The speed at which these luxury units were absorbed into the market not only signifies the sector’s resilience but also serves as an indicator of the impressive stock performance. The story takes stock of how the sector is faring and the drivers boosting the growth curve while examining at close quarters whether this peak may eventually lead to a correction or attain new highs. 

In a dazzling display of market appetite, DLF Ltd., the nation’s real estate behemoth, achieved a feat that speaks volumes about the current dynamism in India’s realty landscape. The sale of its entire inventory, comprising 1,113 high-end luxury residential units, raking in a staggering ₹ 7,200 crore, underscores the robust demand prevailing in the real estate sector. Remarkably, this sell-out happened even before the official project launch, a trend reminiscent of a similar fervour witnessed in the previous year with DLF and many other real estate companies across India.