The residential real estate market has made a strong comeback in 2018, especially in metros and Tier-I cities. Even corporate leasing has seen a fair share of rise as compared to the previous years.
Post the revival of the Indian real estate sector through a series of initiatives by the government, the confidence of homebuyers has increased with a clear understanding of the market.
Year 2018 was a veritable roller-coaster ride for the Indian real estate. Despite signs of recovery across segments, the liquidity crunch – further exacerbated by the NBFC crisis – put all industry stakeholders on tenterhooks.
2018 will be recorded as a year marked by consistent volatility – on account of both international and domestic events.