Indian housing sector’s bright outlook according to CREDAI president
The Indian property market is expected to experience prolonged expansion this year due to consistent housing demand, as per Boman Irani, chief of the Confederation of Real Estate Developers’ Associations of India (CREDAI). In his latest industry forecast, Irani highlighted the robustness of the sector and anticipated that real estate prices would increase at a pace surpassing the inflation rate, fueled by ongoing demand and advantageous market scenarios.Driven by economic revival and rising ambitions among homebuyers, India's real estate market has witnessed a significant rebound over recent years. Despite worldwide economic fluctuations, the industry has stayed a fundamental element of…