UPSCSSCBANKINGSTATE-PSC
Reuters poll predicts 6% home price rise in India, but luxury sector may slow down.
Summary
According to a Reuters poll, Indian home prices are projected to increase at a steady 6% rate over the next two years. However, analysts predict a slowdown in the luxury housing market within the next five years.
Key Points
- Reuters poll indicates a 6% rise in Indian home prices in the next two years.
- Analysts forecast a decline in the luxury housing market within five years.
- The article focuses on the Indian real estate market and its future trends.
Full Article
Home prices in India will rise at roughly 6% in the coming two years but most real estate analysts polled by Reuters say the boom in the luxury housing sector currently driving the market will peter out within five years.
#business#economy#upsc#banking#ssc#rbi