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Even so, home costs stubbornly saved rising, creating essentially the most unaffordable housing market in generations. According to Anarock Consultancy, housing sales hit a decade-high of 4.76 lakh models in the top 7 cities, recording a exceptional 31 per cent YoY (year-on-year) development. The commercial real estate sector demonstrated resilience in 2023, overcoming international disruptions and excessive inflation. In the wake of a resilient efficiency in 2023 amid world disruptions, the real estate sector is expected to have strong growth in 2024. With key financial indicators aligning favourably, both residential and commercial real estate markets are anticipated to thrive this yr.

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By Limsa

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