CREDAI president highlights key drivers behind strong housing demand
The Indian real estate market is set for ongoing expansion this year due to persistent housing demand, according to Boman Irani, the president of the Confederation of Real Estate Developers’ Associations of India (CREDAI). In a recent industry forecast, Irani highlighted the sector's robustness and anticipated that property values would increase at a rate surpassing inflation, fueled by consistent demand and positive market circumstances.The Indian real estate sector is poised for continued growth this year as housing demand continues to remain strong, according to Boman Irani, president of the Confederation of Real Estate Developers’ Associations of India (CREDAI). In his recent outlook for the industry, Irani emphasized the sector's resilience and projected that property prices would ris...