By PRASHANT KHANDELWAL
In 2023, the housing sector experienced a dynamic and eventful year characterized by remarkable home sales across various property segments. Specifically, areas situated near commercial business districts, along highways, and adjacent to metro lines emerged as particularly advantageous locations. These areas reaped significant benefits owing to their close proximity to office spaces, ease of commuting facilitated by improved transportation infrastructure like highways and metro lines, and the inherent convenience they offer to residents.
Outlook for 2024
Looking forward to 2024, there is anticipation that home sales will reach their peak. This projection is attributed to several contributing factors, notably positive government policy measures that aim to support and bolster the real estate industry. Additionally, there is a persistent and growing housing demand within the market. The combined effect of favourable government policies and the continuously increasing demand for housing is expected to drive home sales to their highest levels in the upcoming year. (The author is  CEO, Agami)
