IF THE DECADE before the Covid-19 pandemic for the real estate sector was defined by stagnant growth, poor execution of projects, and occasional disruptions due to fraudulent practices by developers, the years that have followed since have been marked by massive growth and robust sales. If earlier the trend indicated subdued enthusiasm from potential homebuyers, new avenues of growth have opened up in recent years.
Riding on the post-pandemic boom, the country’s property developers and other industry stakeholders are now more optimistic than ever about a turnaround the likes of which has never been witnessed before. From premiumisation in the existing pockets to the addition of newer micro markets thanks to rapid urbanisation and infrastructure development, the country’s leading real estate players are placing their bets